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Crude oil futures contract priced in yuan and convertible into gold

Weatherman

In GIM since 2006
Gold Chaser
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Mar 30, 2010
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#1

Weatherman

In GIM since 2006
Gold Chaser
Site Supporter
Joined
Mar 30, 2010
Messages
2,629
Likes
2,662
#3
This should be dollar positive.
I'm positive that backing the yuan with gold would impact the dollar, and quickly too!