Another article about the oil/yuan/gold contract with ZERO source links to
the contract or providing the name/department of the Chinese official that is
supposed to be making this announcement.
How can something change anything when there is zero substance? We
published the contract and the futures contract that is on the Shanghai
International Energy Exchange – click
here – There is zero use of the word gold; there is zero information
about gold being used in any form for this contract. How is that everyone
outside of China knows about the contract but the Chinese are not discussing?
Do you, yes you the person reading this, understand the implications of such
a contract? If so, then you must understand the fact with a complete lack of
any realistic support for this story that is a very serious issue.
I want this to be true as much as everyone else, as the impact on the gold
market would be swift and very profound. Our world wold change, literally,
overnight. Where is the contract and who is making this announcement?
According to the author of the original article we are simply to take his
word at face-value and accept on faith this is happening. I like faith, in
some aspects of my life, where my wallet is concerned I tend to want a little
more substance. A couple of people have reached out to the author and several other people involved
with the publication of the original article – not one of these people
can provide any substance at all when it comes sources – only fantastical
stories from a dream or some other form imagination.
The only thing that could possibly support this whole idea of an
oil/yuan/gold backed contract is the string of gold news that has been
hitting the mainstream media airwaves the past couple of months. From a
purely speculative point-of-view I would like to ask – are the globalist sending us a message and telling the goldbugs
to get physical while you can?
Since mid July, the mainstream media has been publishing a string of
warnings and praise of physical gold. The sources for the stories have been
ultra high-profile executives, including the Secretary of the Treasury.
For those that have been following the interviews I have
been conducting over the past several weeks know that we have been keeping
track of all the news items regarding physical gold. It all started with
Terry Duffy, President of the CME Group stating
on live TV that gold should currently be in $5-$6,000/ounce with all the
geopolitical, economic and financial news. Then an article appeared on the front page of the WSJ
interviewing Ronan Manly, John Embry and James Turk discussing the Federal
Reserve, gold swaps and gold price suppression. This was followed by Secretary
Treasurer, Mnuchin visiting Ft Knox and stating “gold is safe”. About a week later Goldman Sachs announced physical gold was the “true hedge
of last resort”. Then Jeff Christian stated that if a person had held 27-30% physical gold in their portfolio between 1968 and
2016 their portfolio would have performed “significantly better” than a
portfolio without physical gold.
The physical gold story then went international and Sputnik News reported on the “price suppression scheme” and ask who
and why. And now, just within the past few days, the World Gold Council is
asking if we have reached “peak gold”. Source
Is this the warning shot that if you plan on having physical gold now is
the time and today is the day? The globalist psychopaths love to send out
their game plan and since the Western world is severely underweight in their
individual gold holdings this could be our last warning to begin loading up
with both hands.
Here is the link if you care to read the latest
incarnation of the oil/yuan/gold story – Another Potential Game Changer
for Gold Supply: Chinese Oil Imports Convertible to Gold by Jeff Clark –
GoldSilver
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Rory Hall, Editor-in-Chief of The Daily Coin, has written over 700
articles and produced more than 200 videos about the precious metals
market, economic and monetary policies as well as geopolitical events since
1987. His articles have been published by Zerohedge, SHTFPlan, Sprott
Money, GoldSilver and Silver Doctors, SGTReport, just to name a few. Rory
has contributed daily to SGTReport since 2012. He has interviewed experts
such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente
and Peter Schiff, to name but a few. Visit The Daily Coin website
and The Daily Coin YouTube channels to enjoy original and
some of the best economic, precious metals, geopolitical and preparedness
news from around the world.
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The author is not affiliated with, endorsed or sponsored by Sprott Money
Ltd. The views and opinions expressed in this material are those of the
author or guest speaker, are subject to change and may not necessarily reflect
the opinions of Sprott Money Ltd. Sprott Money does not guarantee the
accuracy, completeness, timeliness and reliability of the information or any
results from its use.
