Turning Hard Times Into Good Times

Could the Petro-Yuan overtake the Petro-Dollar?

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Sinopsis

David Jensen, Michael Oliver and Nav Dhaliwal return. David will discuss an emerging international market dynamic that some think may threaten US dollar hegemony. While left-leaning news media focus on alleged call girl encounter by President Trump, they say nothing of newly formed futures exchanges in Shanghai for both oil and gold. They ignore the fact that China as an economic equal to the U.S. with massive supplies of gold is teaming up with other “rogue” nations to unseat the dollar by establishing Yuan payments for oil purchases, not dollars and then allowing sellers of oil to exchange their Yuan for a currency far better than the dollar, namely gold. David will discuss whether or not these emerging trading institutions in fact pose a threat to the dollar and thus the Anglo-American Empire. Michael will update us on the more immediate issue of which way key markets are headed and Nav will update us on an emerging multi-million oz. gold deposit in Quebec.