MikeCristo8
@MikeCristo8
So the U.S. doesn’t have any gold. China prices oil in gold (not dollars). China now controls oil price. This is why bond yields are spiking.
The reason why China was eager to control the oil price. Because then they can control the gold price.
So, no gold isn’t going $3,000.
Gold isn’t going to $5,000.
Gold isn’t going to $10,000.
The oil price controls the gold price.
If China can control the oil price through the gold price then China can internationalize the yuan and replace the dollar.
