Greenback vs Yuan-Ruble to get more intense?

GOLD-BACKED YUAN AND RUBLE LEAVE US DOLLAR IN THE DUST
The entire western monetary system is a fraud…says Peter Koenig, economist, geopolitical analyst, and former World Banker.
The global de-dollarization trend is nothing new. Despite the provocative manner in which Peter Koenig states his message, calling the dollar-denominated monetary system “fraudulent,” this message doesn’t tell us anything the we don’t already know: “The entire western monetary system is basically a fraud. It is privately made and privately owned. All international transfers have to transit through Wall Street banks and that is the only reason why the US can actually sanction as they say ‘countries that do not behave according to Washington’s dictate.’” What’s important to think about are the implications that such a perspective might have on the future of our national economy, and what it might mean to your own personal wealth. Do you have faith in your dollars? If so, is there anything worthy of “sound reason” backing your certainty? Your faith in the dollar would have to circularly point back to the system that supports it, as nothing backs the dollar other than the faith that it feeds on. Apparently, neither China nor Russia believe in a faith-backed monetary system. And this fundamental doubt is what’s driving their actions to turn our own naivete against us by accelerating de-dollarization … for more, go to https://gsiexchange.com/gold-backed-yuan-ruble-leave-us-dollar-dust/ 

Greenback vs Yuan-Ruble to get more intense?

KUALA LUMPUR (April 2018): The Donald Trump-led US is amazingly super confident in its current 21st Century Cold War with the China-Russia Combo.

The Reuters report titled “Trump adviser denies confusion over Russia sanctions” clearly indicates that the tariff and sanction-slapping Trump is leading the US to take on China and Russia simultaneously in its quest to remain World No.1 in economic and military influence.

However, time will tell whether the US, saddled with a national debt of between US$20 trillion and US$222 trillion, is underestimating the China-Russia Combo.

Sanctions and tariffs appear to be Trump’s strategic tools to clamp down and demonise both China and Russia to the rest of the world.

In so doing, Trump is not bothered about rocking the world economic order or the direct and indirect effects on the rest of the world.

It is also not bothered about defence and military world order.

It is clear Trump is keeping to his election campaign pledge to “Make America Great Again” and, at all costs.

The US no longer uphold to free trade and global democracy. It now makes decisions unilaterally based on protecting US economic and military interest.

As Trump continues with his aggressive foreign policies, more and more Americans, industry and service sectors are suffering from being alienated from the world economy.

Are the ongoing disputes with China and Russia a folly?

Again, time will tell but what can be expected is a concerted attack on the Greenback by the Yuan-Ruble - this will most definitely shake Americans domestically.

Here’s what Reuters reported about US sanctions and possibly more sanctions on Russia:

"Trump adviser denies confusion over Russia sanctions

WORLD
Wednesday, 18 Apr 2018
1:16 AM MYT

WEST PALM BEACH, Fla. (Reuters) - White House economic adviser Larry Kudlow said on Tuesday the United States had imposed a set of sanctions on Russia and was considering other measures for the future, adding that there was no confusion in the White House approach toward Moscow.

His comments came after U.S. ambassador to the United Nations Nikki Haley said over the weekend that new U.S. sanctions would be forthcoming, only to have President Donald Trump delay further action on Monday, according to a senior administration official.

"I think the issue here is we have a set of sanctions and additional sanctions are under consideration but have not been determined," Kudlow told a briefing at Mar-a-Lago, where Trump is due to meet with Japanese Prime Minister Shinzo Abe.

(Reporting by Steve Holland; Writing by David Alexander, Editing by Rosalba O'Brien) - The Star Online"

The Silent Undermining of the Seemingly Strong Dollar and What Texas is Doing About It
by KEVIN D. FREEMAN on JUNE 19, 2015
There’s no doubt that the American dollar remains the most desired major currency on the planet. And, over the past year, the dollar has actually strengthened substantially despite predictions to the contrary. Yet, current strength is no excuse for complacency. In fact, the forces arrayed against the dollar have been increasing as have the tactics being implemented to end dollar dominance. It is hard to imagine that another currency could upend the Greenback at this moment. As many economic problems as we have, other nations seem to have more. The Euro is struggling and an exit by Greece would only add to the weakness. Russia is in dire straights albeit surviving on grit. China has a serious debt problem and is internally far weaker than most can imagine. The Middle East has to deal with lower oil prices, threatening the social spending that has supported stability. While growth is anemic in America, at least there is growth. So, on the surface, the expectation is for the dollar to remain strong and perhaps strengthen further … for more, go to http://globaleconomicwarfare.com/2015/06/the-silent-undermining-of-the-seemingly-strong-dollar-and-what-texas-is-doing-about-it/