China-Russia Yuan-Ruble Trade Will Reshape Global Financial System

Thursday, May 28, 2015
By Paul Martin

SilverDoctors.com
May 28, 2015

The writing is on the wall for the dollar.
It’s only a matter of time before the plug is pulled…

Submitted by PM Fund Manager Dave Kranzler, Investment Research Dynamics:

Trade settlement in local currencies between China and Russia, according to “official” statistics, account for 7% of their bilateral trade. But the dollar amount has grown 700% in the last year.

Growing cooperation between Russia and China has become one of the hottest topics in the global economy. It is signaling the emergence of a strong alliance of one the world’s richest and strongest economies, which is expected to reshape the existing western-dominated economic model (RT.com link)

The Rest…HERE

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