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Alasdair Macleod: The yuan oil futures contract's implications for gold

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Published : March 03rd, 2018
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Category : GoldWire

In a three-minute video posted at YouTube yesterday, GoldMoney research director Alasdair Macleod explains the connection between gold and the oil futures contract priced in yuan that China will begin offering on March 26. The contract, Macleod explains, is part of the general movement away from the U.S. dollar by China, Russia, and other Asian countries. The video is headlined "Oil-Yuan Futures to Start Later in the Month -- Implications For Gold" and can be seen here:

https://www.youtube.com/watch?v=UYHb76Oo1RE&t=14s

 

Data and Statistics for these countries : China | Georgia | Russia | All
Gold and Silver Prices for these countries : China | Georgia | Russia | All
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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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