China Launches Yuan Gold Fix To “Exert More Control Over Price Of Gold”

Overnight a historic event took place when China, the world’s top gold consumer, launched a yuan-denominated gold benchmark as had been previewed here previously, in what Reuters dubbed “an ambitious step to exert more control over the pricing of the metal and boost its influence in the global bullion market.” Considering the now officially-confirmed rigging … Read moreChina Launches Yuan Gold Fix To “Exert More Control Over Price Of Gold”

The Good the Bad and the Ugly… Financial Reset

First things first. It’s not a currency Reset or revaluation. It’s a Currency Re-denomination. It’s not just a detail. It’s important stuff at the time of the Event that I’ll explain in a few paragraphs. Think about it. If someone hears the banks are closed, what would be his or her immediate reaction? There are … Read moreThe Good the Bad and the Ugly… Financial Reset