The Game Changer For The Gold Price

Mike responds to questions about Jeff Clark’s recent story on Chinese oil imports being priced not in dollars, but yuan. And how they're convertibility into gold on the Shanghai futures exchange creates a new and large source of gold demand.

Courtesy of https://goldsilver.com/

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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce
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