If Chinese Yuan will be backed by gold and will be a Petro Yuan, why Chinese people are rushing into gold and or silver, instead of holding on their own currency?
I do subscribe to Aladair’s substack & have been frustrated that I cannot find a place on it to ask questions. Maybe I am doing something wrong. I was glad at the end of Danny’s interview that Aladair mentioned gold stocks. I long for someone to define “credit”. When admonition is given: “Get out of credit’ I wondered if that even meant pm stocks because pm stocks are in a brokerage account. What IS Aladair’s definition of credit? Respect his observations so much would love to know.
If Chinese Yuan will be backed by gold and will be a Petro Yuan, why Chinese people are rushing into gold and or silver, instead of holding on their own currency?
I do subscribe to Aladair’s substack & have been frustrated that I cannot find a place on it to ask questions. Maybe I am doing something wrong. I was glad at the end of Danny’s interview that Aladair mentioned gold stocks. I long for someone to define “credit”. When admonition is given: “Get out of credit’ I wondered if that even meant pm stocks because pm stocks are in a brokerage account. What IS Aladair’s definition of credit? Respect his observations so much would love to know.