While most of the financial world is paying attention to the U.S. stock market reaching another high, quietly, a major announcement came out of China that will put them on the global currency map like never before. China announced in September the creation of future Oil contracts, which will be open to international traders, and countries. What makes this historical move unique, is that payments will be made in their country’s currency, the Yuan, which is convertible to Gold. How does a country get their currency to compete with the U.S. Dollar? Simple, first set up their currency to be able to trade in the largest commodity in the world, Oil. Then, make those payments in the second largest traded commodity globally, Gold. This announcement is major because China has done just that! While this move provides the first official link between Oil and Gold, the stronger link is with the Chinese currency and Gold. [Read more…] about October Newsletter – Black Gold for Yellow Gold, The Trade That Changes The World
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The Real Side – China Looks to Establish the Yuan as a Global Reserve Currency
Landmark Capital CEO and financial expert David Fischer visits with Joe Messina on the Real Side radio show. They open the show with somber thoughts about the recent shooting in Las Vegas as well as how Puerto Rico will look to rebuild their infrastructure. David also has insight on the Fed’s future plans as well as moves China is making to establish the Yuan as a competitor to the Dollar and become a global reserve currency. [Read more…] about The Real Side – China Looks to Establish the Yuan as a Global Reserve Currency
Called 2 Action – China is Making Moves to Become the World's Oil Reserve Currency
Landmark Capital CEO, David Fischer, makes his regular appearance on the Called 2 Action Show with Steve Noble. Today is all about China and their continued move to have the Yuan become the world’s oil reserve currency. [Read more…] about Called 2 Action – China is Making Moves to Become the World's Oil Reserve Currency
Called 2 Action – President Trump Appears Before the United Nations
Landmark Capital CEO David Fischer joins Steve Noble on the Called 2 Action radio show for his regular “Money Monday” segment. David speaks about President Trump and his visit to the United Nations as well as China’s huge announcement concerning their role in the world’s oil markets. [Read more…] about Called 2 Action – President Trump Appears Before the United Nations
