Is This China’s Next Step

Authored by Byron King via DailyReckoning.com, China is currently modifying the terms of its oil trade with Saudi Arabia. Specifically, China is working on a deal to pay for Saudi oil using Chinese yuan. This effort poses a direct threat to the security of the dollar. If this China-Saudi deal happens — yuan for oil […]

via Is This China’s Next Step To Destroy The Dollar? — peoples trust toronto