As the readers of this site continue to come from all corners of the globe, it is based out of the United States of America. The country that used to be the most respected in almost every aspect including media reporting.
As election time here nears, the media channels are spewing the skeletons they manage to dig up for each of our potential Presidents, and leave out everything important.
How news reporters do not find the fact that Asia’s two largest economies, China and Japan, have begun direct trading with their currencies, eliminating the US dollar, important enough to stand on the peak of Mt. Whitney with a megaphone and shout it out to the citizens, I will never know.
How MSNBC, CNBC, Fast Money and all the other financial professionals that are supposed to keep American investors informed did not find a correlation in to last Fridays run up in metals I also, will never know.
The deal was struck last December, and officially went in to effect Thursday night/Friday morning @ 12am…the night before we had a near $80 run in gold….which was accredited to the problems out of the Eurozone, which I am not trying to discount at all, please do not mistake that, but the fact that the worlds reserve currency, which happens to belong to the United States of America, is now being bypassed by one of the fastest growing economies in the world is kind of a big deal.
At least PreciousMetalNews.com thinks it is.
Watch the video below;