China Refuses to make its new gold-backed Yuan convertible to or from US Dollars

China Refuses to make its new gold-backed Yuan convertible to or from US Dollars

In a shocking move, likely to crush the US economy overnight, China is refusing to make its new gold-backed Yuan, convertible to or from US Dollars. _________________________________________________ The new Yuan, which will be gold-backed, will be introduced next Tuesday, April 19, 2016.  China decided to make the Yuan a more reliable currency when the International Monetary Fund (IMF) agreed to add it to the list of world currencies used for Global Reserves and International Trade. China has…

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Robocops Released in China and U.S.

Robocops Released in China and U.S.

China’s Version of the Robocop At just under 4.9 ft-tall, China’s “robocop” weighs in at 172 lbs.  And while its cruising speed is a leisurely 1 km per hour, for those perpetrators thinking of making a break for it, the robot can keep up at top speeds of 11 mph (18 km/h)… A Chinese university has unveiled a new Dalek style robot that is designed to electrocute unruly members of the public (otherwise known as…

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Will the US Dollar collapse on April 19?

Will the US Dollar collapse on April 19?

If you follow this blog, or even if you don’t, but you are reading it now… chances are you already know about the emergency IMF meetings at the White House last week, the launching of the new gold-backed Yuan at the Shanghai Gold Exchange next week,  and the Deutsche Bank admitting it manipulated gold and silver prices earlier this week. These may all seem unrelated, but according to macroeconomic researcher Rob Kirby, they are all…

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