Category: China

China And Russia On Gold: The Quiet Revolution

There is a quiet revolution taking place in the monetary vacuum that’s developing on the back of the erosion of the dollar’s hegemony. It is perhaps too early to call what’s happening to the dollar the beginning of its demise as the world’s reserve currency, but there is certainly a move away from it in…

Italy: The End Of The European Union

Italian President Sergio Mattarella just blew up the European Union.  His refusal of the coalition agreement between The League and Five Star Movement threw the best chance for the EU to face its burgeoning political crisis before it became a full-blown sovereign debt crisis. With U.S. and U.K. markets closed today the full force of…

China, Iran & Russia: Gold Just Got Stronger

  As you probably know by now, President Trump backed out of the nuclear deal with Iran and is re-imposing harsh sanctions. And just this morning, Trump announced that he’s canceling the much-anticipated nuclear summit with North Korean leader Kim Jong Un because of Kim’s recent belligerent comments. What does that mean, aside from the…

China’s Gold PetroYuan Futures Open: Gold Oil Surging To Multi-Year Highs As Over 10 Billion Trades In First Hour

China’s launching of the yuan-denominated oil futures contract will shock those investors who have not been paying attention After all the preparation, all the expectation, cheerleading and doomsaying, China’s Yuan-denominated crude oil futures contract began trading tonight and appears to be off to a good start with well over 10 billion yuan notional traded within the…

China Prepares To Launch Its Gold Convertible Petro-Yuan March 26, 2018: Five ‘Test Runs’ Have Successfully Completed.

The world’s top oil importer, China, is expected to launch its long-awaited and delayed yuan-denominated oil futures contract at the end of March, according to Reuters’ sources. The petroyuan is seen as Beijing’s challenge to the US dollar, the dominant global currency in oil contract settlements. UPDATE March 26, 2018: China’s Gold PetroYuan Futures Open:…

Texas Governor Greg Abbot Overturned: U.S. Federal Court Finds Boycotting Israel Legal

A FEDERAL JUDGE on Tuesday ruled that a Kansas law designed to punish people who boycott Israel is an unconstitutional denial of free speech. The ruling is a significant victory for free speech rights because the global campaign to criminalize, or otherwise legally outlaw, the Boycott, Divestment, and Sanctions movement has been spreading rapidly in numerous political…

Chinese Petroyuan To Replace Rothschild Deep State Petrodollar

Petrodollars have dominated the global energy markets for more than 40 years. But now, China is looking to change that by replacing the word dollars for yuan. Nations, of course, have tried this before since the system was set up by former US Secretary of State Henry Kissinger in tandem with the House of Saud back…

Iraq’s Largest Oil Refinery Complex In Bayji Being Prepared To Be Placed Back Online: Iraqi Oil Sales Surges Surpassing Saudi Arabia As Fastest Growing Market

Iraq began to rebuild its largest oil refinery this week, jumpstarting an effort to reconstruct the country after a three-year war with the [CIA Mossad Proxy Army ISIS aka] terrorist Islamic State, an announcement from the oil ministry said. The Baiji complex should produce 70,000 barrels of oil per day upon completion, ministry spokesman Assem…

President Of Turkey: “Palestine Is An Innocent Victim… As For Israel, It Is A Terrorist State, Yes, Terrorist!

The Turkish leader has previously threatened to cut off ties with Israel if Trump follows through with his promise to move the US embassy. He has helped organize an international meeting of officials from Muslim majority countries to discuss how they should respond. Furthermore, he also warned that moving the embassy would represent an obstacle…