China Says “No Dollars” for New Yuan

China have mastered the art of war and peace; today is “check” for the cabalistic dollar; soon, the floodgates will open; the west can no longer contain the IOU fraud; in peace

Counter Information

Global Research, April 18, 2016
SuperStation95 13 April 2016

by SuperStation95

china_-_yuan+Dollar-400x271

In a shocking move likely to crush the US economy overnight, China is refusing to make its new gold-backed Yuan, convertible from or to US Dollars.  The new Yuan will be introduced next Tuesday, April 19.

When the International Monetary Fund (IMF) agreed to add the Yuan to the basket of world currencies used for Global Reserves and International Trade, they wanted China to make the Yuan more reliable as a currency. Since then, China has almost un-pegged its Yuan from the Dollar, allowing its value to fluctuate on world markets.

But for years, China has been amassing huge amounts of gold bullion; some have said their appetite for bullion has been “staggering.”  And with a new gold-backed Yuan to be issued next Tuesday, the entire world will have a choice of a new currency to…

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3 thoughts on “China Says “No Dollars” for New Yuan

  1. This rumour has nothing to support it.
    Remember the 188 IMF members’ club includes the U.S., U.K., Russia, China, ALL the BRICS, ALL the G20, and some other nations.
    Also remember ALL the IMF members agreed to the multilateral framework (reform)

    I expect China to continue with a “limited” exchange of their USD reserves and deploy measures to stabilize their Chinese currency.
    This would delay the explosive fireworks and allow the nations time to adjust to China becoming a major exchange and transaction hub on par with London and NYC.
    I am watching and expecting international adjustments, as well as false flags and fireworks…

    See:
    https://ronmamita.wordpress.com/2016/04/18/the-april-emergency-the-central-banks-dont-want-you-to-know-about-p2/#comment-19481

    Only three days ago:

    “Chinese central bank governor Zhou Xiaochuan on Saturday [16 Apr 2016] called for broadening the use of the International Monetary Fund (IMF)’s basket of reserve currencies to advance the reform of the International Monetary System (IMS).”

    There is no reason to believe the rumours as the policy makers are making agreements in direct contradiction to the rumours.

    1. Greetings brother,
      please include this to my earlier comment 🙂

      I wish to correct my comment above.
      I should have said:
      “I have not found any supporting evidence for the rumour”.
      The possibility that evidence exist is present, and I have not found it, though I have searched for it.

      The 2nd correction I wish to include is that my concluding remarks was too emphatic, and I can imagine at least one reason for considering the rumour:
      The possibility that CHINA is playing a grand game of trickery against the IMF, World Bank, and the cartel of central bankers.

      I had stated all this on my blog and did not take the time to include those possibilities in the comment above.

      I expect to see China’s S.G.E. and convertible currency to support the reform agreement they signed as a IMF member, at least until someone present documents or other evidence contradicting that.

      It is a challenge to be brief and still be comprehensive in hopes that all readers grasp my meaning.

      The game of deception is played by many (if not ALL) members of the IMF members and the central bankers. I admit we “KNOW” little of what they fully plan with their policies, because we are not granted full access to their meetings and the original documents they sign.
      Yet, what little we do know is enough to not trust them.
      I get frustrated when I read about a club member nation being a savior for us.
      Russia, China, and the BRICS are not our saviors, in my opinion.

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