From my good friend, Mr. Jim Willie Published on Mar 28, 2016
China is on the verge to take control of the gold mkts via the Shanghai Gold Exchange and gold future contracts, vs the NY-COMEX and London-LBMA = fiat bs paper.
All trade contracts: China and Russia will only trade in rmb and ruble – dedollarization/no dollar
Russia announced another new debt rating agency – Russia sent NOTICE TO Standard and Poors/Moodys and Fitch – your agencies can not do downgrades due to political purposes. Major slam!
China has successfully implemented CIPS which passed its live test after 2 yrs.
LOOPS OUT SWIFT CHINA NOW LINKING WITH ALL LIVE FINANCIAL MKTS. NO MORE SANCTIONS FROM SWIFT SYSTEM
(Financial mkts LINKED – oil, gold, bond trading, sov bonds, treasuries bonds, currencies and forex mkts, etc..).
And more!
[Explains the reasons for the delays for the GCR, in that they needed to implement the alternative to the sanction riddled SWIFT system. It’s now live after two years of testing - WHA]
