Gold Telegraph
@GoldTelegraph
BREAKING NEWS
A TOP OFFICIAL FROM SAUDI ARABIA SAID THE COUNTRY IS OPEN TO NEW IDEAS, INCLUDING THE USE OF THE YUAN IN CRUDE SETTLEMENTS
Boom.
The world is changing.
“Saudi Arabia’s minister of industry says country willing to try new things in relationship with China, Chinese companies welcome…”
https://www.scmp.com/economy/global-economy/article/3277788/saudi-arabia-open-petroyuan-closer-china-ties-minister-says
Things happen slowly, then suddenly, they are here.
Gold, the immortal constant, always takes center stage through monetary resets.
It is at the heart of it all.
Saudi Arabia’s shift to settling oil transactions in yuan instead of the US dollar is a game-changer.
We are talking about the world’s largest oil exporter and importer.
Reminder, Saudi Arabia joined a China-led central bank digital currency project in June.
