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Russia & China Declare All Out War on US Petrodollar — Prepare for Exclusive Trade in Gold

 
Anonymous Coward
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07/16/2017 06:18 PM
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Russia & China Declare All Out War on US Petrodollar — Prepare for Exclusive Trade in Gold
The era of the US greenback being the world's predominant currency is over.

Russia & China Declare All Out War on US Petrodollar — Prepare for Exclusive Trade in Gold

The death of the petrodollar could be imminent which would drastically reduce America's ability to wage war with other people's money.

By Jay Syrmopoulos - July 16, 2017

The formation of a BRICS gold marketplace, which could bypass the U.S. Petrodollar in bilateral trade, continues to take shape as Russia’s largest bank, state-owned Sberbank, announced this week that its Swiss subsidiary had begun trading in gold on the Shanghai Gold Exchange.

Russian officials have repeatedly signaled that they plan to conduct transactions with China using gold as a means of marginalizing the power of the dollar in bilateral trade between the geopolitically powerful nations. This latest movement is quite simply the manifestation of a larger geopolitical game afoot between great powers.

[link to thefreethoughtproject.com]
Anonymous Coward
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07/16/2017 06:38 PM
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Re: Russia & China Declare All Out War on US Petrodollar — Prepare for Exclusive Trade in Gold
I think President Trump is getting set up by China and Russia



I think they will start a Trade War once United States makes a move on north Korea





GLP