Monday 10 May 2021

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Dethroning The U.S. Dollar: China Takes Giant Leap Forward

Dear Newsmax Subscriber,

China has had its eye on toppling the U.S. Dollar for decades as the global currency.

Now China has launched a gold-backed digital currency that will devalue the U.S. dollar to "zero," this, according to Max Keiser, host of the financial show the Keiser Report.

China began in 2014, working on its digital currency. April, 2020, the People's Bank of China (PBOC) confirmed that a group of top banks started trials in electronic payments in four different Chinese regions using the new digital yuan.

Reuters reported that China would be using its digital currency before the Beijing Winter Olympics in 2022

Guess what China just announced? They have now expanded thier digital currency into Beijing and Shanghai.

The Cashless World Has Arrived.

Grab this Complimentary Gold Guide It explains everything.

And get this, Since testing began:

  • China's digital currency has been used in 3.13 Million transactions worth 1.1 billion Yuan so far
  • 113,300 personal digital wallets and 8,800 corporate digital wallets created by their central bank
  • And every transaction is monitored

Over the last 12 months, more than 70 countries have started experimenting with digital currencies.

If you are in U.S. dollars, you have to ACT NOW.

Make no mistake about it, "China's Digital Currency Electronic Payment (DCEP) should be interpreted as the road map for China, leading to an eventual replacement of the U.S. dollar as the world's reserve currency," says Pepe Escobar from consortium news.

What would this mean if the U.S. dollar were dethroned as the global currency?

China's gold-backed petroyuan may be good news or bad news.

If your savings are heavily in dollars and paper assets like the stock market, consider this a huge warning. When the dollar loses value, so do all paper assets. As the petrodollar system crumbles, so may the value of the USD.

On the flip side, there is one asset that stands to gain abundantly: physical gold.

Grab this Complimentary Gold Guide It explains everything.

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

These 8 countries have dropped using the U.S Dollar to purchse oil for the new Gold-Backed Chinese cryptocurrency:

  • Russia
  • Saudi Arabia
  • Angola
  • Iraq
  • Iran
  • Brazil
  • Venezuela
  • and the United Arab Emirates

This is not good for the United States or the dollar as a global reserve currency.

How can you benefit from this currency war?

It's simple. If you don't own gold, now is the time. There is an IRS loophole that lets you invest your retirement savings in gold tax and penalty-free.

The more gold that China acquires for its currency base, the more gold prices go up.

Take Action Now. Get Your Complimentary Gold Guide.

It's been The #1 Most Requested GOLD GUIDE For The Last 20 Years.

This guide will show you how to protect your retirement savings and how to profit from the current currency war with China.

In this Complimentary Guide, you'll learn:

  • Why Central Banks around the globe are hoarding Gold. 
  • Why Gold is up over 40% in the last eighteen months.
  • Why BofA is predicting Gold will almost double to $3,000 in the next 12 months. 
  • Why Chancery Asset Mgmt. predicts Gold to hit $3,000 to $5,000 In Next 3 Years
  • Why Gold guru Jim Rickards says, Gold will hit $11,000 by 2025. 
  • Why Gold is the world's most powerful anti-inflation fighting investment.
  • You will also learn about the one special account that all wealthy people have and why you should have one.

Grab this Complimentary Gold Guide now before this once-in-a-lifetime opportunity disappears.

Special Offer




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