gold, page-29791

AJ...maybe we could discuss your very recent PLS related suspension you were given...instead of a valued ex member/contributer that you have a problem with.



Btw...keep a eye out for the new Shanghai yuan-based oil future contracts exchange later this year (Shanghai International Energy Exchange). Apparently will have some tie up/integration with the SGE.


China Is About To Unleash A New Global Monetary System

http://kingworldnews.com/china-is-about-to-unleash-a-new-global-monetary-system/

Already, One Belt, One Road infrastructure and trade are being priced in local currencies, the yuan, and in some cases gold. The monetary system that replaces the dollar in the East, while anchored by gold, likely will be a fairly complex admixture of highly sophisticated virtual currency and gold-backed bonds. With the fastest computers in the world and the best programmers, the Chinese will be up to the task of managing it. That, sadly, is likely beyond the skills of the West, which also lacks the requisite gold. Gold is destined to become an extraordinarily scarce and critical commodity with an upside that is many multiples of where it is currently trading. Promise yourself that even if, as we noted above could happen, gold dips below $1,200, you won’t be the last seller before it blasts off.

This weekend a consortium of One Belt, One Road countries are meeting to discuss how to accelerate the OBOR initiative, in the biggest Eastern summit of the year. Also significant is a meeting that took place this week in Oslo – which I learned about from a KWN reader – between a North Korean delegation and NGO groups from North America. We expect both meetings to further cement Chinese economic control of the East and hope to offer more details next week.”