Noch ein ausführlicher Artikel, der ein wenig weiter ausholt, um darzulegen, dass mit den oil future contracts in goldgedeckten Yuan der Dollar auch als Leitwährung abgelöst werden soll.
“In addition to reducing a major source of funding for the U.S. government’s enormous deficit spending,” wrote Investment Research Dynamics, “the introduction of a gold-backed yuan oil futures contract is an important step toward removing the dollar as the world’s reserve currency. More significantly, it reintroduces gold into the global monetary system.”
After such a reintroduction of the precious metal into the world system, the anemia of America’s fiat currency would contrast starkly with the ruddy currencies of healthier economies. This could lead to the rapid removal of the usd’s global reserve currency status.
Interessant auch der Hinweis auf eine geplante Teilhaberschaft Chinas an der saudiarabischen Ölgesellschaft Aramco (weltgrößte Erdölfördergesellschaft).
Back in July, the Trumpet called attention to reports saying that China would become the main investor in the forthcoming initial public offering of Aramco, Saudi Arabia’s state-owned oil company. At around $2 trillion, Aramco will be the highest-valued firm on the globe.
If this sale goes through as planned, Macleod said the Chinese would be in a position to switch the pricing of Saudi oil from usd to yuan. “f China can tie in Aramco, with Russia, Iran [i]et al., she will have a degree of influence over nearly 40 percent of global production, and will be able to progress her desire to exclude dollars for yuan,” Macleod said.
Such a dramatic and unexpected shift by Riyadh would erode not just the power of the American dollar and petrodollar, but also the very foundations of the U.S.-Saudi Arabia relationship.
Whether the Saudis sign up for the Chinese futures contract or not, the development is expected to be a game changer for the global oil industry.
Investment Research Dynamics said China’s new contract “is a significant step in removing the global reserve currency status of the dollar and resetting the global economic and geopolitical ‘landscape.’”