1. Possible Financial Reset of US Dollar, Monday, April 2, MARCH 27, 2018 ~ DAVID CADDELL

https://ift.tt/2pKoiRF.

Possible Financial Reset of US Dollar, Monday, April 2, MARCH 27, 2018 ~ DAVID CADDELL
https://ift.tt/2pKoiRF

I just came across some potentially very big news – I am combining information from separate reports, and it appears that something very big is likely to happen on Monday, April 2.

For one coincidence, Easter Sunday is on April 1st this year – “April Fools Day” – This may or may not be relevant, but it could mean something about “fools gold” – I’m just guessing about that.

But here is a story about the “petroyuan” that China released today which will allow countries to buy and sell oil in yuan instead of US dollars or “petrodollars” – The big difference between US dollars and Chinese yuan, is that they are going to back it with gold beginning Monday, April 2:

China Prepares Death Blow To The Dollar | OilPrice.com On Monday, China will launch its yuan-based crude oil futures contracts, signaling the reign of the petrodollar may be coming to an end.

Here is the key information from this article: “The Petrodollar’s Downfall Could be a Lift for Gold”

“Amongst all the trouble ahead for the dollar, there are some good news too. The U.S. might have ditched the gold standard in the 1970’s, but with gold making a return to world headlines… we could see a resurgence.

For the first time since our nation abandoned the gold standard decades ago, physical gold is being reintroduced to the global monetary system in a major way. That alone is incredibly good news for gold owners.

A reintroduction of gold to the global economy could result in a notable rise in gold prices. It’s safe to assume exporters are more likely to choose a gold-backed financial instrument over one created out of thin air any day of the week.“
View on YouTube

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.