China will back the Yuan with Gold

By John Paul Jackson on 09/01/2012 - Source
Tags: Economic ,

China’s currency will become the world currency. It will use the currency against the United States. China will grow into a vicious machine and we are playing right into their hand. It’s not the people, it’s the government. While that is going on you have China building it’s own economic structure where the Yuan is going to be predominant. A Yuan backed by gold. They are hoarding gold like crazy in order to back the Yuan with gold. As soon as they do that they are going to insist that the Yuan be the world currency. It’s not there yet, but that’s what they are working on.