Yuan pricing of oil is coming, economist says (Video)

Yuan pricing of oil is coming, economist says Video – CNBC

TDC Note – This is already known. This is the third attempt at launching a yuan/oil contract. This latest contract offering is going to work as Russia and Iran have already signed off. Now you have two of the larger oil producing nations accepting renminbi/yuan for oil instead of Federal Reserve Notes for oil. Venezuela is also accepting Renminbi/yuan for their oil. It appears that Saudi Arabia is working something out through Russia for Aramco and the possibility of OPEC nations moving away from Federal Reserve Notes has just become a reality.

Yuan pricing of oil is coming, economist says from CNBC.

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Rory Hall, The Daily Coin. Beginning in 1987 Rory has written over 1,000 articles and produced more than 300 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Silver Doctors, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Shadow of Truth YouTube channels to enjoy original videos and some of the best economic, precious metals, geopolitical and preparedness news from around the world.