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The Implications Of China Paying In Gold
The Implications Of China Paying In Gold
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The implications of China paying for Iranian oil in gold is the most important event in the modern history of gold
1. It is reasonable to assume that China has been threatened with total or at least selective exclusion from the SWIFT system if it pays in any currency for Iranian oil.
2. Gold has been decided by China as the means of making payment for massive international purchases free of the SWIFT system.
3. ...
Full post at : http://www.jsmineset.com/2012/04/23/the-implications-of-china-paying-in-gold/
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