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Ann: Successful $9M Placement and Launch of $3M SPP, page-9

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  1. 1,792 Posts.
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    It's already started this year, the move to make all transactions for Iron Ore from RIO, BHP etc. will be done in Chinese Yuan in the near future.

    The majority of the world hasn't put sanctions on China and Russia, so if all Australia's neighbours in the Indo-Pacific do business as usual with China and Russia, Australia may have to look after it's own interests as the new global currency will backed by gold and commodities, in which Australia has an abundance of.

    Indonesia and India are some of the countries in the process of creating gold bullion banks, so the gold price will be much stable, and free of manipulation from London gold exchange with paper gold price suppression.



 
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