China in SDR Basket - Yuan New World Reserve Currency

China and the SDR China's strategic evolution to become of global financial powerhouse number one in 1994 they pegged their currency directly to the dollar so whatever the dollar did goes up goes down didn't matter Chinese Yuan was also going up or down right along with the dollar. What that actually did was transfer the manufacturing base from the u.s. to China with all that cheap labor because corporations could pretty much determine what their profits would be very strategic move very smart move on their part with all that new found wealth they have been accumulating gold like crazy because they're well aware of fiat currency of what that means and they want to be a global financial leader and frankly he or she who has the gold holds your purchasing power and therefore you hold power so very strategic move on China's part. ITM Trading's free webinar series archive http://bit.ly/2bIQfWV Here you can find past recordings of our webinar series. New videos are usually added within 48 hours of the original webinar date. To reserve a seat for our next live webinar: Call 1-888-own-gold or send us an email at services@itmtrading.com Shop for gold and silver online visit our ecommerce website http://bit.ly/2c02VIn To learn more about the benefits of gold please call us at 1-888-own-gold and ask for a free gold kit. Or you can order your free gold information kit online by clicking this link http://bit.ly/2bIjYOI

Comments

1. Yuan New World Reserve Currency? Never gonna happen!
2. Paper script from what I've gathered was a Chinese invention. A guarantee to repay a loan, that is an ancient scam in order to confiscate assets. It was in the fine print, and the Chinese are all squint eyed to this day from trying to read the fine print. LOL!
3. The whole global economic systems seems like one big chess game.