I have uploaded a new show podcast for October 4, 2017. Click here to go to the show archives page to listen or you can listen on the link below. On the show archives page I have also included the articles and media discussed on the show. The latest show is on the top of the page.
-Military defeat/costs of war are the only ways for a currency to lose its reserve status
-The latest yuan-to-gold hedge for oil producers is not practical and does not work. The ChiCom government and their opaque policies are to blame. This latest scheme does not imply any gold backing to the yuan.
-China probably could possess up to 20,000 tons of gold, but that does not imply any gold backing to the yuan. The ChiCom government will pull out their gold holdings when the new one-world currency is discussed post-war.
-The Globalists are purposely torching the current monetary system to consolidate their control over the global economy. They know war is coming.
-Disinfo articles by the gold promoters/dollar haters explained
-The yuan is an officially managed currency that only works in domestic markets. Their economic data are suspect. China’s financial market decisions are often arbitrary and not straightforward. Just look at their decision to close down bitcoin exchanges.
-The yuan is illiquid, especially on international markets. There is not way for producers to properly hedge currency risk. Producers do not want gold for payment. ChiCom knows this.
-Triffin Paradox explained and why the US dollar can not be replaced under current circumstances
-Why the euro is a poorly constructed currency
-In the wake of the upcoming planned defeat of the US, the dollar bashers will wish the dollar was still the reserve currency as ChiCom will brutally repress dissension. Their gold will not be worth what they are claiming – that’s if they will be allowed to own it.