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Posts Tagged: “petroyuan“
March 18, 2022
・Friday Gold Wrap
Too Little Too Late: SchiffGold Friday Gold Wrap Podcast March 18, 2022
The Fed launched its much-anticipated war on inflation this week. It wasn’t much of a first strike. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the Fed meeting and what might come next. He also touches on the possibility of a “petroyuan.”
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March 16, 2022
・Original Analysis
A Petroyuan Would Be a Kick in the Gut for the Dollar
Last week, I asked the question: is the US undermining the dollar’s credibility? It appears the answer is — yes. In another blow for dollar dominance, Saudi Arabia is reportedly considering pricing at least some of its Chinese oil sales in yuan.