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
