China and gold

China is now overtly pushing for the US dollar to be replaced as the world’s reserve currency. Xinhua, China’s official press agency on Sunday ran an op-ed article which kicked off as follows: As U.S. politicians of both political parties are still shuffling back and forth between the White House and the Capitol Hill without striking a viable deal to bring normality to the body politic they brag about, it is perhaps a good time for the befuddled world to start considering building a de-Americanized world. China does have a broad strategy to prepare for this event. She is encouraging the creation of an international market in her own currency through the twin centres of Hong Kong and London, side-lining New York, and she is actively promoting through the Shanghai Cooperation Organisation (SCO) non-dollar trade settlement across the whole of Asia. She has also been covertly building her gold reserves while overtly encouraging her citizens to accumulate gold as well.

 

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0 Comments

peter mcgrath

October 21, 2013 at 2:40 pm - Reply

hello
great article on gold and Chinas long term plan first comes ecumenical domination then about 20 years or so world military domination and china will win the west needs to wake up and forget about all this political correctness and get real after all Russia and china are
cheers
peter McGrath

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