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Title: Is China Preparing A Gold-Backed Yuan: Beijing Greenlights Purchases Of Billions In Bullion
Source:
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URL Source: https://www.zerohedge.com/markets/china-readying-gold-backed-yuan
Published: Apr 16, 2021
Author: Tyler Durden
Post Date: 2021-04-16 10:27:52 by Horse
Keywords: None
Views: 40
China has suddenly given domestic and international banks permission to import large amounts of gold into the country...
Poster Comment:
They already have a lot. Compare that to the US. Ours was stolen. From Oct 2019 to summer 2022 the US M1 Money Supply will grow 2,000%. It is growing faster than Argentina's. The end of the Dollar as an international reserve currency is Nigh. It means wages will be permanently cut 60% over night.
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