U.S. Scared To Death As China Just Secured Larger Flow Of Gold As Part Of Its Plan To Back The Yuan With Gold

"Today one of the top money managers in the world warned King World News that the United States is now scared to death as the Chinese have just signed a historic deal to further increase the flow of physical gold into China as part of their plan to back the yuan with gold.  He also warned it will be "game over" for the United States dollar and U.S. world dominance once this nightmare unfolds.

Stephen Leeb:  “The Chinese are planning to make gold an active and meaningful part of the monetary system.  This will send the price of gold skyrocketing….

“This is why I keep telling KWN readers that they should own a meaningful amount of physical gold.  Meanwhile, not one United States bank sells any physical gold.  Whereas over in China and the Middle East, virtually every bank sells physical gold.

China's State-Owned Company Signs Historic Deal To Secure Larger Flow Of Gold

Eric, you pointed out to me before this interview began that China’s state-owned gold company, Zijin Mining Group, just signed two deals, one of them with Barrick Gold — the largest gold mining company in the world.  This deal with Barrick Gold is to secure an even greater flow of gold into China..."

at http://kingworldnews.com/u-s-scared-to-death-as-china-just-secured-larger-flow-of-gold-into-china-as-part-of-plan-to-back-the-yuan-with-gold/