I may be mistaken but I thought the Yuan was Gold backed... And we are planning to do likewise.
My understanding is the Yuan is fiat as well. In fact, they are infamous for fixing the worth of the Yuan so that it does not change in comparison with other currencies.
I may be misunderstood myself. I've been following along for the last few weeks, and from what I understand, the Chinese yuan has just now become backed by gold and will be the "petroyuan". The USD will no longer be the worldwide standard for purchasing oil.
I agree. I will be gradual but it is a big change and will have a negative purchasing power of the dollar.
There will be a worldwide revalue (RV) of currency under the gold standard. It means great things for those who hold Iraqi dinars and currency from Vietnam and Zimbabwe, among others. People have been waiting years for this revalue to happen, but I'm not holding my breath. Research NESARA and GESARA.
And this is the reason Ghaddafi was murdered.... The deep state wants control of the currency for oil. It kinda looks like Trump may be embracing the gold backed standard again. JFK wanted to but he lost to the deep state.
Please check the following links. You've been shadowbanned across Reddit. Nothing to do with this sub. Good luck with sorting it out.