China National offshore Oil Corporation Vs. Both parties felt it was crucial to gain vital control of limited energy resources, which Unocal could provide.
The attempt to reduce the USDollar while maintaining ultra-low bond yields seems the final straw. The inference is made that the jig is up finally, and a significant turning point is upon us.
A contact at Evolution Consulting has reported that his best contact notified him that VIPs are being invited to take tours of the Shanghai Gold Exchange operation. This man was among one of the guests. These tours are not being arranged in some congenial welcoming event, not at all.
Rather they are informational and official in granted preview. They are almost surely being staged to inform the opposition that it is all over for them now. With a cherry on top, the VIP guests were required to pay for the tour.
The above juicy tidbit was provided by a client, passing the word along. Something big is afoot.
Conclude easily that where there is smoke, there is fire, and the heat will be on physical gold metal demand in Asia. In turn the pressure will be put on the USDollar, whose custodians are not honorable and, for perhaps the last time, have betrayed the Chinese. Lower USDollar valuation combined with already chronic low bond yield could have turned the Chinese hostile in the wake of the USFed rate hike.
The Jackass raises the conjecture stronger and more classy than guess that the USGovt and its bankster masters lied to China about a rate hike, and the Chinese are very angry. The sleazy central banker crew defaulted on the gold lease fromevident in The same sleazy vile crew have used tricks like bank derivatives to create phony bond demand, tricks like Reverse REPO to undo the last rate hike by ramping up to dangerous levels the bond leverage, alongside massive bond default on legacy bonds from nearly a century ago.
Their nation is under stress, and the imposition of the Gold Standard should right their course well enough, even if it derails the United States to the point of entry into the Third World.
London Paul believes something significant is on the verge of breaking the paper gold market. The clues have come on the behavior of the gold market since the Yellen Fed announced its small rate hike.
It was small but significant, and probably involved a lie to the Chinese Govt finance ministers. Such coincidences do happen, but odds are against a coincidence in this case, since so critically important. Time will bear out the conclusion.
The Western bankers have a long history of lies, deceit, betrayal, subterfuge, sabotage, and pilferage. They might have sacked their economies on the road to the Global Fascist State, but China has not signed up for the destructive evil development and pathway.
He mentioned that such view is absolutely right, given the market reaction. Someone at the Shanghai Gold Exchange spiked the price higher the moment the Fed raised rates, which required the paper market to follow higher.
He stated unequivocally that the Chinese do not consider the USFed, the banker cabal, and the US Elite as honest business partners any longer. US President Trump visiting the Andrew Jackson grave site was another sign, as Jackson was an arch-enemy of the banker cabal. He survived an assassination attempt.
Neither Trump nor China wanted the rate hike. Trump does not want higher USGovt borrowing costs or the added economic headwind. China does not want lower bond principal value and lower USDollar value. Hence the East appears to have burned the Western banker cabal with a paper fire that could turn into a bonfire in gold metal demand.
China likely perceived a maneuver to sabotage Trump by the banker cabal, and the Beijing leaders yelled PUNT, game over, no more cooperation.
It will soon become every nation for itself in a global free for all battle. It is hard to imagine the USDollar enduring what comes in an unscathed manner.China's market turmoil put the spotlight on a quirk of the mainland's currency: the offshore yuan isn't always in tune with its onshore peer.
Regarding the global trade war, the Treasury Department stopped short of declaring China a currency manipulator in its semi-annual report on foreign-exchange rates, saying that the U.S. will be closely watching the Chinese yuan after its recent slide.
Japan and the U.S. took action on June 17, a day after the yen plunged to a then eight-year low of to the dollar, because a weaker yen could prompt China to devalue its currency, the yuan, to keep its exports competitive.
UNESCO – EOLSS SAMPLE CHAPTERS DEMOGRAPHY – Vol. II - Urbanization and its Consequences - Xizhe Peng, Xiangming Chen, and Yuan Cheng ©Encyclopedia of Life Support Systems (EOLSS) During the century , there was, for the first time in human history, a major.
China’s Managed Float In , China pegged the value of its currency, the yuan, to the U.S. dollar at an exchange rate of $1 = yuan. For the next 11 years, the value of the yuan moved in lockstep with the value of the U.S. dollar against other currencies.
China Releases Long-Awaited, Comprehensive National Plan to Deal with Water Pollution. told Bloomberg BNA April 17 that the plan will push for a change in the industrial mix “away from backward and polluting industries.” vice dean of the Chinese Academy of Environmental Planning, an institute under the Ministry of Environmental.