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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

How China Will Shock the Gold Market

Posted on 30 April 2015

One of the freaky things about tsunami waves is they’re barely noticeable out at sea. In the open ocean, where the depths can hide its raw power, a tsunami is only about a meter high at most. It’s when the tsunami wave finally hits land that it starts to rear up and tower overhead, astonishing and terrifying all who see it.
We’re about to see something like this in the gold market. Courtesy of China. I’ve told you recently how China is planning to dethrone King Dollar. Right now, those plans are slowly falling into place, just as I said. The country already announced it will unveil the new China International Payment System later this year. That opens the door to making the yuan (or renminbi) a fully convertible trading currency………………………………………..Full Article: Source


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VRS - who has written 48800 posts on Opalesque Commodities Briefing.


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