Mike Kosares: Petro-yuan could displace petro-dollar

Section:

9:20a SST Wednesday, March 28, 2018

Dear Friend of GATA and Gold:

The new "petro-yuan," created by the oil futures contract that began trading in Shanghai this week, could mean a lot for the dollar and gold by displacing the petro-dollar, USAGold's Mike Kosares writes. His analysis is headlined "'This Is the Single Biggest Change in Capital Markets, Maybe of All Time' -- Union Bank Switzerland" and it's posted at USAGold here:

http://www.usagold.com/cpmforum/2018/03/27/the-single-biggest-change-in-...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



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