Jim Willie says the United States has no gold and doesn’t even bother with tungsten anymore. Jim says it’s likely just yellow painted wood bars posing as gold. But China’s gold-backed yuan oil contract is already the real deal, and Jim says the United States knows it…
Topics include global trade dynamics and new systems being implemented as we speak.
Jim forecasts exactly what he thinks will be the final blow to the US dollar, involving China and gold and it’s not as simple as you may think.
There is another angle here of the US military allowing non USD settlement in hopes that China’s Yuan falls flat.