Yuan Has Real Shot at IMF Blessing on Reserve Status

Discussion in 'Markets & Economies' started by House, Dec 11, 2014.

  1. House

    House Well-Known Member Silver Stacker

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    House, Dec 11, 2014
    #1
  2. argento

    argento Well-Known Member Silver Stacker

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    Would like to be a fly on the wall, when the IMF meet late 2015

    Is this going to be the straw that brakes the camels back for the dollar , if China get their way.

    Could be the beginning of a partial gold standard era.

    2015 looks like being a very interesting year.
     
    argento, Dec 11, 2014
    #2
  3. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    Wouldn't bank on a gold-backed Renmenbi yet. A IMF-sponsored 'Special Drawing Rights'-esque arrangement based on a basket of fiat currencies.

    Or more likely, no change whatsoever.
     
    Roswell Crash Survivor, Dec 11, 2014
    #3
  4. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Let's just move that deck chair over here, this one to there.....
     
    sammysilver, Dec 11, 2014
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