China Just ‘Reset’ the Global Monetary System

China is taking the next big step towards dethroning the dollar as #1 global reserve currency. And this strategy could send gold soaring…


Peter Reagan, November 2, 2017

For decades, countries have paid for oil with the petrodollar, which supports the U.S. dollar’s value and fuels U.S. government deficit spending.

But now, with the advent of the “petroyuan”, China is upsetting this system. It started in June, when Beijing established a direct-trade relationship with Russia allowing for oil purchases to be made in yuan.

Not long after, China turned its sights to Saudi Arabia. But the discussion didn’t flow as smoothly as it did with Russia. That’s why China is taking things one step further…

Gold Solves Petroyuan Concerns

China found that some nations don’t want to accept the yuan in exchange for oil, because it is still too illiquid and unestablished. But China has an ingenious solution: Simply back the petroyuan with gold.

Gold holds a significant draw for exporters over the yuan alone, so these new gold-backed contracts are opening the door for the petrodollar to be overturned… permanently.

Grant Williams, an adviser to Vulpes Investment Management, puts it simply: “It’s a strategic move swapping oil for gold, rather than for U.S. Treasuries, which can be printed out of thin air.”

How to Leverage China’s Global Reset

Depending on how your savings are invested, China’s new gold-backed petroyuan futures contracts could either be good news or bad news.

If your savings are heavily backed in dollars, consider this a huge warning. As the petrodollar crumbles, so may the value of the USD.

But, there’s one asset that could benefit handsomely: physical gold.

For the first time since our nation abandoned the gold standard, physical gold is being reintroduced to the global monetary system in a major way.

While you still can: Get a FREE Info Kit on Gold here. There is zero cost and zero obligation to you – we’ll even pay for shipping.

Plus, this 16-page “insider’s” guide reveals the little-known IRS Tax Law to move your IRA of 401(k) into an IRA backed by physical precious metals – without paying any taxes on the transfer.

It’s an excellent option for anyone who wants to take advantage of this opportunity with any savings in their retirement account.

But remember, you must act soon. Once China’s gold-backed petroyuan gains real traction, it may be too late to take advantage of this opportunity. To get started, click here to get this free info kit on gold.


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  • What then backs China’s economic currency, do they plan on having two disparate currencies in play, who is going to verify their claims of gold backing, a separate world Gold Bank, one held outside of their manipulation? One that reconciles every Chinese petro dollar to each ounce of gold in the gold volt. It seems to me that their record of currency manipulation is not good, and how do they intend to buy this new petro currency, with their already manipulated state currency. Sorry, this all seems far fetched, but if other non-communist countries want to sign up, buyer beware.

    • Ct Sherwin

      China and Russia resent the hell out of the World’s reliance on the USD as the preferred reserve currency. They are Communists, that’s why, and cannot understand the need for stability in Markets. The USA has produced business leaders since 1776, and were good at it right from the git go. From 1870 on, America became “all business” and developed the Oil, Steel, and Heavy Manufacturing Base that has made the USA second to none. They created economies based on consumption and supply and demand of consumer goods which is about 70% of Our Economy; a Tax Base was formed and implemented, and capital was raised through speculation and daring by the industries created from demand…Capitalism. Communism was created by a lazy Jewish guy in Germany that had no idea how to create wealth other than by “taking from the rich and giving it to masses–through ill-led Government created by brutal thieves,” as was quoted from a document written 150 years ago by an aggrieved citizen of Germany. We are now getting back into Our Roots (Make America Great Again) and we shall see, soon, how well these two adversaries of Freedom reckon with us’un’s in the long run.

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