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View Full Version : China starts selling oin in Yuan (russian Oil, and others)



Large Sarge
14th September 2012, 05:16 AM
http://www.sott.net/articles/show/251144-Dollar-no-longer-primary-oil-currency-China-begins-to-sell-oil-using-Yuan

mamboni
14th September 2012, 08:23 AM
This is huge news. The cage is slowing closing on the US dollar as reserve currency. When those dollars come back home to buy up tangibles, coupled with now open-ended QE via the FED, we will have severe price inflation and possibly hyperinflation. Mt guess is that we have about 18 months left before hyperinflationary collapse of the dollar.

steyr_m
14th September 2012, 12:26 PM
This is huge news.

I agree. I'm trying to stock up on Au/Ag and buy the last of my wants/needs before SHTF [next purchase is a Dillon Precision progressive re-loading press]. The end is f-ing neigh.