Category: Petrodollar

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:…

Deep State’s Version Of Fiat Bitcoin: IMF’s SDR

The war on Cash: The money in your savings account isn’t piled up inside your bank’s vault, which isn’t true. Your savings don’t really exist. It’s all digits in an electronic account ledger. People transact with these digital currency units, whenever a bank transfer is made, or a credit card is used. The Dollar Is…

U.S. System Porked By Corrupt Fractional Reserve Banking

The Trump Administration has presented the first part of its plan to overhaul a number of Wall Street financial regulations, many of which were enacted in the wake of the 2008 financial crisis.  The report is in response to Executive Order 13772 in which the US Treasury Department is to provide findings “examining the United…

The Perfect Storm For Silver Is HERE

 Fortunate Son Some Folks Are Born Silver Spoon In Hand The drivers of the gold and silver markets are primarily exchange rates, which are currently moving against a backdrop of waning global growth. Since 2008 the prime engines trying to bring about a recovery have been central banks using monetary policies. These have produced limited…

“Panama Papers” Cartel’s Dream Scheme: United State’s IMF No Longer Relevant ~ United State’s CIA No Longer Relevant.

How much gold does the U.S. really have left …and how many times has it been re-hypothecated [where 1 ounce of gold is pledged as collateral in multiple contracts/promises] in contravention to capitalism’s ‘supply & demand’. By Bill Holter: Holter-Sinclair collaboration Last week’s message to you regarding the “Panama Papers” release suggested…..”don’t be duped”. What impressed me immediately as…