PBOC Official: Crypto Yuan Will Be Unbacked & Have No Reserves (No Gold Backed Crypto Yuan)
“China’s cryptocurrency will not need a currency basket to maintain a stable value…”
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China’s Mercantilism Is A Recipe For Stagnation
Technological advancement have grown exponentially and culminated in the recent trade war unleashed by President Trump…
Continue readingWhy China Can’t Have A Government Gold Backed Crypto Currency
First, it is illegal according to Chinese government laws to take gold bullion out of mainland China. Second, China has…
Continue readingChina’s Currency Has Its Worst Month In 25 Years
China’s currency, the Yuan or RMB, had its worst month in 25 years since 1994 when the country’s currency reform began…
Continue readingJim Willie: Saudi Arabia Is Broke, Has No Friends, And Their Oil Reserves ARE LARGELY DEPLETED
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Dr. Willie breaks down the recent Saudi Purge to show that all is not as it seems. Here’s why…
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