>

US COLLAPSE Critical Alert! Dollar Crash has Begun!


Britain Gains Renminbi Trading Deal
The Bank of England and the People’s Bank of China reached an agreement on Wednesday to allow the clearing and settlement of renminbi trades in London
China has just entered into a very large currency swap agreement with the eurozone that is considered a huge step toward establishing the yuan as a major world currency.
China’s gold demand tops 1,000 tonnes for first time

Sources:
http://dealbook.nytimes.com/2014/03/2…
http://theeconomiccollapseblog.com/ar…
http://finance.yahoo.com/news/chinas-…

59 Total Views 1 Views Today
Did you already share this? No? Share it now:
  • Bubbabear

    China relies on exports and thus the yuan is just a mirror image of the dollar, this is why the bond market is important and the most ultimate worry of the fed!

    • MacFly1

      The Yuan will be the death of the petrodollar.

  • Richard

    Now`s the time to buy Yuan.Get `em while they`re cheap.

  • Robert Newton

    HK Dollars might be a better bet. They are fully convertible to Yuan or any other currency.

    • Scott3075

      Like :-)