“Unprecedented”? Haven’t we told you about this for more than a year?
In Unprecedented Move, China Plans To Pay For Oil Imports With Yuan Instead Of Dollars March 31, 2018
Just days after Beijing officially launched Yuan-denominated crude oil futures (with a bang, as shown in the chart below, surpassing Brent trading volume) which are expected to quickly become the third global price benchmark along Brent and WTI, China took the next major step in the challenging the Dollar’s supremacy as global reserve currency (and internationalizing the Yuan) when on Thursday Reuters reported that China took the first steps to paying for crude oil imports in its own currency instead of the US Dollars.
A pilot program for yuan payment could be launched as soon as the second half of the year and regulators have already asked some financial institutions to “prepare for pricing crude imports in the yuan”, Reuters sourcesreveal.
Bill did a live but brief interview with Sputnik radio, Moscow this morning. The topic was the new petro yuan contract launched yesterday. Jim asked if we could get a link for our readers/listeners and was told to ask the NSA as they would have a direct link!
I spoke on this important topic during my recent interview and promised to make this subscription article public. These are some VERY important dots connected.
Hypersonic Weapons And Your Standard Of Living…? March 16, 2018
Do you believe there is any coincidence the Russians first, followed by the Chinese … announced “hypersonic weapons”? I ask this question for several reasons and will come to a conclusion at the end but for now, with the rollout of the “petro-yuan” set for March 26 is there any coincidence we find out about these weapons now?
We were even offered proof over the weekend of successful tests. If that were not enough, what heck is this? Please take the two minutes to watch the video, these are seasoned Navy pilots who sound like 15 year old boys seeing their first naked woman! The point being, they have never seen ANYTHING even close to this, no one has. What exactly did they see? Was it a UFO? Some sort of alien technology? Or, was it exactly what the Russians and Chinese have claimed?
Defense News suggests the U.S. is also working on these same weapons and asks “will it be in time“? I would ask another question and maybe more to the point, can the U.S. afford to fund a project like this? The answer of course is yes (they can afford ANY thing today), but then another question arises. What does the additional spending do on the margin to a system already walking a fiscal tightrope? Please remember this …because I can guarantee you all Russians remember, the U.S. “spent” the Russians into bankruptcy in the late 1980’s with “Star Wars”. The Russians tried to keep up technologically and were bankrupted (with a little CIA help pressing on the ruble). The worm has now turned 180 degrees with the U.S. in precarious fiscal and monetary position …AND very little gold left. The Russians and Chinese as you know have been methodically accumulating gold for 10 years or now and most likely have three times what the U.S. supposedly has. They have not accumulated gold because it is pretty, they understand gold IS money…!
Please watch, I have never said “this is the most important interview I have ever done” but this is the one. Russia and China just warned the U.S. militarily regarding hypersonic weapons and backed it up with proof last weekend. Within two weeks China will begin to supplant the petro dollar with the petro yuan. Our world is about change unlike anything we have ever seen before. Please pass this one along!
I plan to write about this feud for subscribers. It is an extremely important topic to the point of being the central core of the West’s system. Please look fo my article out later today or early tomorrow.