China’s Monetary Ascension Is Paved with Gold

6:57 AM

First published by Money Metals here: https://www.moneymetals.com/news/2016/09/01/china-monetary-gold-000918

The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric. Formerly marginal currencies such as the Chinese yuan now stand to become serious competitors to U.S. dollar dominance.

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