A Never Ending Supply of Oil/Yuan/Gold Backed Contracts
A Never Ending Supply of Oil/Yuan/Gold Backed Contracts by Rory – The Daily Coin
Another article about the oil/yuan/gold contract with ZERO source links to the contract or providing the name/department of the Chinese official that is suppose to be making this announcement.
How can something change anything when there is zero substance? We published the contract and the futures contract that is on the Shanghai International Energy Exchange – click here – There is zero use of the word gold; there is zero information about gold being used in any form for this contract. How is that everyone outside of China knows about the contract but the Chinese are not discussing? Do you, yes you the person reading this, understand the implications of such a contract? If so, then you must understand the fact with a complete lack of any realistic support for this story that is a very serious issue.
I want this to be true as much as everyone else, as the impact on the gold market would be swift and very profound. Our world wold change, literally, overnight. Where is the contract and who is making this announcement?
According to the author of the original article we are simply to take his word at face-value and accept on faith this is happening. I like faith, in some aspects of my life, where my wallet is concerned I tend to want a little more substance. A couple of people have reached out to the author and several other people involved with the publication of the original article – not one of these people can provide any substance at all when it comes sources – only fantastical stories from a dream or some other form imagination.
The only thing that could possibly support this whole idea of an oil/yuan/gold backed contract is the string of gold news that has been hitting the mainstream media airwaves the past couple of months. From a purely speculative point-of-view I would like to ask – are the globalist sending us a message and telling the goldbugs to get physical while you can?
Since mid July, the mainstream media has been publishing a string of warnings and praise of physical gold. The sources for the stories have been ultra high-profile executives, including the Secretary of the Treasury.
For those that have been following the interviews I have been conducting over the past several weeks know that we have been keeping track of all the news items regarding physical gold. It all started with Terry Duffy, President of the CME Group stating on live TV that gold should currently be in $5-$6,000/ounce with all the geopolitical, economic and financial news. Then an article appeared on the front page of the WSJ interviewing Ronan Manly, John Embry and James Turk discussing the Federal Reserve, gold swaps and gold price suppression. This was followed by Secretary Treasurer, Mnuchin visiting Ft Knox and stating “gold is safe”. About a week later Goldman Sachs announced physical gold was the “true hedge of last resort”. Then Jeff Christian stated that if a person had held 27-30% physical gold in their portfolio between 1968 and 2016 their portfolio would have performed “significantly better” than a portfolio without physical gold.
The physical gold story then went international and Sputnik News reported on the “price suppression scheme” and ask who and why. And now, just within the past few days, the World Gold Council is asking if we have reached “peak gold”. Source
Is this the warning shot that if you plan on having physical gold now is the time and today is the day? The globalist psychopaths love to send out their game plan and since the Western world is severely underweight in their individual gold holdings this could be our last warning to begin loading up with both hands.
Here is the link if you care to read the latest incarnation of the oil/yuan/gold story – Another Potential Game Changer for Gold Supply: Chinese Oil Imports Convertible to Gold by Jeff Clark – GoldSilver