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Saudi Wants China’s RMB For Oil As BRICS Threatens USD With Payment System Backed By Gold
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Saudi Wants China’s RMB For Oil As BRICS Threatens USD With Payment System Backed By Gold
In two big updates, Saudi Arabia has gone public, saying they would gladly accept the Chinese Yuan for oil. This is a big snub to the dollar as it continues to get weaponized even more under Trump. Meanwhile, BRICS is preparing a new financial system where gold could become an integral component.
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