Tag: Yuan

The Collapse Of The Western Fiat Monetary System May Have Begun

by buttmeister • November 2, 2016

On 19 April 2016, China was rolling out its new gold-backed yuan. Russia’s ruble has been fully supported by gold for the last couple of years. Nobody in the western media talks about it. Why would they? – A western…

China Moves Forward With SDR Issuance in August

by buttmeister • August 9, 2016

When Bloomberg reported late last year that China founded a working group to explore the use of the supranational Special Drawing Rights (SDR) currency, nobody took heed. Now in August of 2016, we are very close to the first SDR issuance…