Loading ...There it is…. the death of the dollar. The Petro-Yuan will become the most sought after and become the new reserve currency for global trade. They will starve the dollar beast in time, and that will be the end of the Empire. What will it do for gold? Whatever the Chinese want gold to do! Gold will become denominated in Yuan rather than dollars. As the dollar becomes worthless, the dollar price of gold will soar… but no one will want dollars. Yuan for Gold, only.
This will take a few years, and a lot of struggle. The death throes of the Empire will be horrible and will bring the US to war in a few years. After that…. will there be any pieces to pick up?
Physical gold & silver in your hands will be the only store of value through the harder times to come.