US War With China Heats Up As China Readies To Launch A Gold-Backed Monetary System

Sunday, August 20, 2017
By Paul Martin

KingWorldNews.com
August 19, 2017

As we near the end of what has been a wild summer, the U.S. war with China is heating up as China readies to launch a gold-backed monetary system.

U.S. War With China
August 19 (King World News) – Stephen Leeb: “These days almost every major news story seems to bear within it more evidence that the world is inevitably moving to a new monetary system centered on gold. The latest example: Friday’s firing/resignation of Steve Bannon.

His departure followed on the heels of his remarkably incautious interview with liberal commentator Robert Kuttner. Part of it was devoted to Bannon’s hard-line view of China. “We’re at economic war with China…we have to be maniacally focused on that…if we continue to lose it…we’re five years away, I think 10 years at most, from hitting an inflection point from which we’ll never be able to recover.”

Whatever you think of Bannon, he’s on the right track about China. But he’s gotten the time frame wrong. It won’t take five years to reach that inflection point. In fact, as I’ve been saying, we’re actually going through such an inflection point – let’s call it an inflection zone – already. And as China’s ascendancy grows, it will, inevitably, lead to a gold-centered reserve system…

The Rest…HERE

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