The News UNIT

This is my personal arrangement to provide a useful format for discussing and disseminating breaking news and information. Opinions posted here are not necessarily my own. If you are offended by wide open discussions of news, life, politics and religious things, and God's word, kindly get out of here NOW. At times sources quoted here are suspect at best. I try to make sure they are correct, but I do err at times. Comments by readers are theirs alone, I may or may not approve of their opinions.

Sunday, July 19, 2015

China moves to have YUAN as world reserve currency

Watch the YUAN as the next world reserve currency

Could there be a rush into the YUAN ahead?

China is doing something and in a recent interview even Donald Trump is worried how the world is not happy with the United States of America. Perhaps these BRICS rumors are true and China is hoarding a load of gold also working to set the YUAN on the world stage of reserve currencies. Very strange times indeed!

http://www.marketwatch.com/story/china-finally-says-how-much-gold-it-has-but-nobody-believes-it-2015-07-17

http://www.scmp.com/business/banking-finance/article/1841304/china-vows-improve-data-releases-it-pushes-yuan-reserve

...developing...