China Moving Toward A Real Currency

The chart shown looks like the US debt chart!

The Chinese are now clearly on a path to accumulate so much gold that one day soon, they will be able to restore the convertibility of their currency into a precious metal…just as they were able to do a century ago when the country was on the silver standard.  

The West wasn’t kind to China back then. The country was repeatedly looted and humiliated by Russia, Japan, Britain, and the United States. But today, it is a different story… 

http://goldnews.bullionvault.com/buying_gold_022320127

 

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