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Chinese currency overlay with Gold…Its quite clear they have done what the Japanese have done ..tied their currency to GOLD

Posted by Ororeef @ 11:43 on July 4, 2017  

renminbi-goldTrump says they manipulate their currency for trade advantage !  Well not exactly so !  but its clear they are tied to GOLD !The Japanese did it 10 years ago ,the Chinese did it one year ago,beginning  2016…..

Will the US do the same ? or is that a MOOT point since GOLD is PRICED in Dollars ?  If the US loses the Reserve Currency STATIS I would EXPECT the US to go on the GOLD STANDARD  and LINK their currency to GOLD by locking the TRADE current statis ” as is” so as not to be disadvantaged .

So that sets the scenario for The US to adopt a GOLD Standard and the rest of the World would follow that trades with China Japan or the US ..Its a trade WAR FREEZE !

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.