Fed is Insolvent? Trade in USDollar gone, a Global Gold Fix In Motion? Protect Your Money
Financial & Market analyst, Jim Willie explains much of the commotion going on with the dumping of the US dollar by many countries, especially the dumping of US treasury bonds. During this transition period, the international trading community is rejecting the dollar in favor of the Chinese Yuan, the Russian Ruble, and others. How will US trade adapt to this environment?
Jim hints at the end of COMEX as countries push a global gold fix for trade settlements ushering in a multi-polar financial world.
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