chinese currency on its way!, page-9

  1. 10,751 Posts.
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    I thought it simple. I have to buy oil in US 4. transaction starts. A few days later it settles BUT.... in the mean time the dollar goes down and I loose. So the next stage is that countries will insist on NOT buying in US $ for the transaction to occur. Nothing to do with Yuan per se and I never stated nor implied that.

    The thing to watch is the transaction of goods increasing in non US $. Thats what I wish to watch
 
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