- China Preparing To Impose Bretton Woods II Gold Standard !
With continued volatility in the gold and silver markets, today acclaimed money manager Stephen Leeb told King World News the Chinese accumulated a remarkable 1,500 tons of gold last year, and they are preparing to demand a second Bretton Woods type meeting. This is a stunning interview because it lays out how the bulls will win the gold war, and how China will force that victory. Here is what Leeb had to say in this exclusive interview, which is his most powerful ever: “The flow of power and gold is going from West to East. China may have accumulated a staggering 1,500 tons of gold last year alone. China’s growth is now picking up steam as well. What is really stunning is how much the yuan has increased in terms of international transactions.”
“The usage of the yuan in international transactions has been increasing at an unbelievable 170% per year. That’s how fast the yuan has been increasing in terms of international transactions. So goes the gold, so goes the power, and you can see it in the prominence the yuan is gaining. The Chinese definitely have a plan here and that is to get control of gold….