Who Cares? Why do you all have to wait for someone else to tell you how to think? Work it out for yourselves. Spread your net wide and draw a conclusion - but hold it lightly. And above all use the Bible as a filter and standard for truth. If it doesn't get past Scriptural principles - not worth a second glance.
>>>796783 China launches the gold backed Petro-Yuan
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>Anons - there is no such thing as a GOLD BACKED YUAN. The YUAN is FIAT, just like the USD. China did start trading in Singapore on a YUAN-based commodity exchange for oil. Contracts can be purchased in FIAT YUAN, or any other currency. There's nothing gold about it.
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>BAKER 796783 is bullshit and does not belong as a notable
Even if it were gold backed it still depends on the good faith of the Chinese government to redeem yuan for gold.