May 25, 2018
COGwriter Russia and China are continuing to increase their gold reserves: Russian Gold Reserves Surge Above 1900 Tons - 5th Largest In The World May 24,
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COGwriter Russia and China are continuing to increase their gold reserves: Russian Gold Reserves Surge Above 1900 Tons - 5th Largest In The World May 24,
COGwriter China finally launched what has been called the 'petro-yuan': March 27, 2018 While It seems to be gaining some ground this morning,
Ever since Henry Kissinger forged the global petro-dollar agreement with Saudi Arabia and OPEC in 1973, the U.S. currency has remained the singular global reserve for over 40 years. However, on June 9 that sole monetary reign has come to an end as Russian gas giant Gazprom is now officially selling all oil in Chinese Yuan, making the petro-Yuan a joint global reserve, and ending America's sole control over the world's reserve currency.