{"id":47715,"date":"2018-03-25T15:00:15","date_gmt":"2018-03-25T23:00:15","guid":{"rendered":"http:\/\/www.cogwriter.com\/news\/?p=47715"},"modified":"2018-03-25T06:13:19","modified_gmt":"2018-03-25T14:13:19","slug":"china-close-to-petro-yuan-gold-launch","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/china-close-to-petro-yuan-gold-launch\/","title":{"rendered":"‘China Close To Petro-Yuan-Gold Launch’"},"content":{"rendered":"

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<\/em><\/p>\n

COGwriter<\/a><\/p>\n

China is expected to launch something tomorrow with the possible hope of ultimately toppling the US dollar:<\/p>\n

Multi-billionaire Hugo Salinas Price: \u00a0<\/b><\/strong>There is a lot of commentary going around the world, regarding Trump\u2019s initiation of a \u201cTrade War\u201d to rebuild America\u2019s industries. Trump thinks that tariffs will do the trick, and stop the rest of the world from taking unfair advantage of the US by selling their goods to the US in exchange for lots of US dollars. According to Trump, this nefarious behavior on the part of the rest of the world is causing a h-u-u-u-ge Trade Deficit, sending hundreds of billions of dollars out of the country. Trump\u2019s view is that this is just plain \u201cunfair\u201d\u2026<\/strong><\/p>\n

China Close To Petro-Yuan-Gold Launch<\/em><\/strong><\/p>\n

China is, on cue, about to initiate on March 26, their famous Petro-Yuan deal (which they have postponed several times). The Petro-Yuan leads into the Petro-Yuan-Gold deal, where the oil exporters will be able to turn Yuan \u2013 which they don\u2019t need \u2013 into gold.<\/strong><\/p>\n

The current theme of whether \u201cTrade War\u201d is good for the US, misses the point entirely. The US collapse into the \u201cTrade War\u201d syndrome only obfuscates the real outcome: the end of the US dollar as the world\u2019s fundamental currency. If countries are unable to obtain dollars for their Central Bank reserves, they will have to look for a substitute. And the only substitute will have to be GOLD. 03\/08\/18<\/strong> https:\/\/kingworldnews.com\/multi-billionaire-hugo-salinas-price-just-predicted-china-is-very-close-to-petro-yuan-gold-launch\/<\/a><\/p><\/blockquote>\n

Now, gold is NOT the only alternative, but after the USA is conquered and its dollar worth no more than the scrap value of the cotton-paper it is printed on, gold will have value.<\/p>\n

Here is something related to gold in my book, Donald Trump and America\u2019s Apocalypse<\/a>:<\/p>\n

One more verse should be perhaps touched on here, and that is Daniel 11:43.<\/p>\n

43 He shall have power over the treasures of gold<\/strong>\u00a0and silver, and over all the precious things of Egypt<\/strong>; also the Libyans<\/strong>\u00a0and Ethiopians<\/strong>\u00a0shall follow<\/em> at his heels.<\/strong><\/p>\n

The \u201che\u201d is the King of the North. This is the same King of the North that valued gold and silver in Daniel 11:38. Although other scriptures also show that gold and silver will have value around this time (like Revelation 18; 9:20), the Bible is clear that gold and silver will be worthless for a short time before Jesus returns, e.g. Ezekiel 7:19.<\/p>\n

The fact that the King of the North\u00a0himself will accumulate gold\u00a0(and some silver) is consistent with several Byzantine\u00a0(\u201cGreek\u201d Orthodox) prophecies of their expected Great Monarch:<\/p>\n

Emperor Leo the Philosopher<\/em>\u00a0(died 912): You will amass gold\u2026And you will be the leader of the surrounding nations\u2026<\/p>\n

Addressed to Emperor Manuel II Palaeogous<\/em>\u00a0(died 1425): The Emperor\u2026will discover gold\u00a0and silver\u2026<\/p>\n

Saint Andrew Fool-for-Christ<\/em>\u00a0(c. 4th<\/sup> century):\u00a0 God will reveal to this king all the gold\u00a0wherever it happen to lay concealed from view\u2026 (Tzima Otto, pp. 76, 102, 114)<\/a><\/p>\n

One side note is that, in Egypt, major gold\u00a0deposits were found in 2006 (A Gold Mine Worth LE 23 Billion (and counting).\u00a0 Egypt\u00a0Today, August, 2006). This is relevant as it does prove that Egypt now has enough gold that a foreign power could be interested in taking\/using it as Bible prophecy teaches.<\/p>\n

Since many are now questioning the role of the US\u00a0dollar as the world\u2019s reserve currency, more are looking into other currencies as well as gold. Gold will set records in US dollar terms.<\/p>\n

It has been proposed that various nations around the world are already in the process of accumulating gold to one day overthrow the U.S. dollar\u2014and that the \u201cU.S. is unprepared for this strategic alternative to dollar dominance\u201d (Rickards J. Axis of Gold. The Daily Reckoning, December 20, 2016).<\/a><\/p>\n

When the U.S.\u00a0dollar totally collapses people all around the world will consider that even if the Euro (or something similar)\u00a0is strong, having a more gold-backed currency would be safer.<\/p>\n

The collapse of the USA dollar will shake a lot of the world\u2019s confidence in non-gold backed currencies.<\/p>\n

The Europeans do not have to have a perfect currency, only one that is perceived to be in better shape than the USA dollar.<\/p>\n

Having the European power acquiring more gold\u00a0to back the Euro or possibly another future European currency (that might potentially replace the Euro or even a basket of currencies) may greatly increase European credibility, prosperity, and influence around the globe, even if the backing is only implied.<\/p>\n

The debt accumulation policies of the Obama Administration, which are a massive acceleration of the previous policies of the Bush Administration, look like they will be continued by Donald Trump.<\/p>\n

The increases in America\u2019s debt are heading the world into the time when something other than the U.S. dollar will be valued as its reserve currency.<\/p>\n

A Donald Trump Administration would need to make massive changes to possibly prevent this.<\/p>\n

The USA and its dollar are at serious risk. (Thiel B. Donald Trump and America\u2019s Apocalypse<\/a>. Nazarene Books, 2017)<\/p><\/blockquote>\n

Under the Donald Trump Administration, US debt has risen and we are seeing much international interest in gold.<\/p>\n

After Donald Trump said the USA would cut funds to Pakistan, that government announced its intention to trade in Chinese yuan (see Pakistan to trade in yuan while launch of petro-yuan draws nearer<\/a>).<\/p>\n

Speaking of Pakistan, notice a Pakistani perspective on the petro-yuan:<\/p>\n

China in preparing to launch yuan-denominated oils futures contracts. According to some news agencies it may be allowing yuan-based oil contracts in Shanghai Stock Exchange as early as March this year. The move has consequences going far beyond the economic domain. Hitherto, the US dollar has had the monopoly over oil contracts as it enjoyed the status of the only currency in which major oil contracts could be made. This meant that US could get away by having a 20 thousand billion dollars budget deficit as it could print the dollars backed by \u201cblack gold\u201d. What does it mean to challenge America by competing against the ultimate economic tool, the petro-dollar?<\/p>\n

As the prospect of petro-yuan becomes a reality, China will, in effect, be making a claim to global oil reserves. That would definitely be against American interests as the \u201cblack gold\u201d has been practically backing the US dollar as well as humungous US debt. Globally, if you needed oil you definitely needed to have dollar reserves. These dollar reserves could never be materialised unless goods and services made it to American economy or in some cases through expats sending foreign exchange to their home nations. Most global dollar reserves depend on export from dollar starved nations to American consumers. These reserves would always land back in American economy through the banking system. Again, the same dollar would have to be competed for globally by offering goods and services to American consumer as the world is in perpetual need of oil for most of its energy needs. That means that all the economies have to be constantly running for dollar while the US could print at ease in the name of national and foreign debt.<\/p>\n

China sits in a comfortable position as it owns almost 1,200 billion dollars of American debt. It, therefore, does not have to fret about launching the petro-yuan, as, at-least in its initial stages, practically the petro-yuan will itself be backed by the American debt owned by China. https:\/\/www.pakistantoday.com.pk\/2018\/02\/24\/petro-yuan\/<\/a><\/p><\/blockquote>\n

Currently, the USA benefits from most international trade as most of the time nations use US dollars for trade. Every time a nation stops doing that, or reduces doing that, it has a negative effect on the economy of the USA.<\/p>\n

As I have written before, there is a price to pay for US sanctions and they do affect the dollar.<\/p>\n

China has been trying to come up with systems, including with gold backing, to avoid the US dollar.<\/p>\n

Currently, China seems to intend to launch its ‘petroyuan’ on March 26, 2018–which is a delay from earlier reports. Notice also the following, where this is referred to as “China crude futures”:<\/p>\n

China crude futures launching Monday<\/em><\/strong>. China is set to launch<\/a> an oil futures contract on Monday, an effort that is several years in the making. The Shanghai Crude future is hoping to rival WTI and Brent as a market for oil, but it will lack liquidity, at least in the beginning. Yuan-denominated oil contracts will also have some rules that are unfamiliar to western traders. It is unclear how the new oil futures contract will fare, but it is part of China\u2019s effort at gaining more influence over how oil is traded, as well as a way to boost the standing of its currency. 03\/23\/18 https:\/\/oilprice.com\/Energy\/Energy-General\/Oil-Rebounds-Despite-Trade-War-Fears.html<\/a><\/p><\/blockquote>\n

So, there are some questions as to how well this will work. But it is an attempt by China to gain more economic influence in the world.<\/p>\n

Although China’s gold-petro-yuan will NOT be the final replacement to the US dollar as the world’s primary reserve currency, the “gold-petro-yuan” is a step that will weaken US dollar dominance.<\/p>\n

Dethroning the US dollar will cause massive economic problems for the USA. Much more than almost anyone believes. The standard of living in the USA has been raised\/subsidized for decades because of the status of the US dollar. That status is weakening. This will ultimately severely hurt the USA.<\/p>\n

What will happen to the economy of the USA will be much worse than what happened to the UK when the pound sterling lost its status as the world’s primary reserve currency.<\/p>\n

We are getting closer to the great tribulation (Matthew 24:21; see also When Will the Great Tribulation Begin?<\/a>) and final time of the Gentiles<\/a> (Luke 21:24) that Jesus spoke of.<\/p>\n

Gentiles are taking steps that the Anglo-American nations will one day regret.<\/p>\n

Some items of possibly related interest may include:<\/em><\/a><\/p>\n

US Dollar being challenged by Gold-Petro-Yuan <\/a> The US dollar has been the world\u2019s primary reserve currency for decades. Is this about to change? What is going on with the Chinese yuan and oil and gold? What do the BRICS nations want? What did Venezuela do? Do the Europeans want to dislodge the US dollar as the world\u2019s primary reserve currency? Does US debt play any role? Does the Bible tell us what will happen to the USA and its dollar? What happens if the USA loses its status? Will gold outlast the US dollar? Dr. Thiel addresses those issues and more in this video.
\nGentile Cryptocurrency Proposal <\/a> Two Russian leaders have called for a BRICS-wide and\/or EAEU-wide cryptocurrency. This is hoped to be used to replace the US dollar for international trade. BRICS stands for Brazil, Russia, India, China, and South Africa. The BRICS nations represent 3.6 billion people. The EAEU includes Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan. Will Gentiles rise up? Are there any prophetic ramifications of what these nations are looking to do? This is a video.
\nIran in Prophecy<\/a> Is Iran in Bible prophecy? If so, what does the Bible teach? What names, other than Persia, may be used to describe Iran? There is also a related YouTube video titled Iran In Prophecy<\/span><\/a>.
\n<\/span>The End of US Dollar Dominance<\/a> Is the USA losing its economic status? What about the petro-gold-yuan? A related video is also available: US Dollar being challenged by Gold-Petro-Yuan<\/a>.
\nUSA in Prophecy: The Strongest Fortresses<\/a> Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does.<\/span> A related sermon is titled: Do these 7 prophesies point to the end of the USA?<\/a>
\nWho is the King of the West?<\/a> Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: \u00bfQui\u00e9n es el Rey del Occidente? \u00bfPor qu\u00e9 no hay un Rey del Occidente en la profec\u00eda del tiempo del fin?<\/a>
\nAnglo – America in Prophecy & the Lost Tribes of Israel<\/a> Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-Am\u00e9rica & las Tribus Perdidas de Israel<\/a>. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter?<\/a><\/span> and British are the Covenant People<\/span><\/a>. A short YouTube of prophetic interest may be: Are Chinese threats against Australia for real?<\/a>
\nWill the Anglo-Saxon Nations be Divided and Have People Taken as Slaves?<\/a> Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? <\/a> Here is a related item in the Spanish language \u00bfSer\u00e1n divididas las naciones anglosajonas?<\/a>
\nBritish are the Covenant People <\/a> What do \u2018British\u2019 and \u2018Britain\u2019 mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
\nThe Times of the Gentiles<\/a> Has there been more than one time of the Gentiles? Are we in it now or in the time of Anglo-America? What will the final time of the Gentiles be like? A related sermon is available and is titled: The Times of the Gentiles<\/a>.<\/span>
\nEuropa, the Beast, and Revelation<\/a> Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about \u201cthe Beast\u201d? Is an emerging European power \u201cthe daughter of Babylon\u201d? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?<\/a>
\nEuropean Technology and the Beast of Revelation<\/a> Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation<\/a>.
\nMust the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations?<\/a> Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous. A related sermon is titled Ten Kings of Revelation and the Great Tribulation<\/a>.
\nWTO\/TTIP and the Babylonian Beast<\/a> Will international trade agreements like WTO\/TTIP\/CETA lead to the fulfillment of end time prophecies concerning the Babylonian Beast power that the Book of Revelation warns against? What does the Bible teach? A related video would be WTO Trade Deal and the Rise of the European Beast Power<\/a>.
\nSpiritual Samaritans: Old and New<\/a> Who were the Samaritans? Do the represent true Christianity or something else? Here is a link to a related sermon: USA in Prophecy: Samaria<\/a><\/a>.
\nChina, Its Biblical Past and Future, Part 1: Genesis and Chinese Characters<\/a> Where did the Chinese people come from? This article provides information showing that the Chinese peoples must have known about various accounts in the Book of Genesis up until their dispersion after the Tower of Babel. Here is a link to a version of this article in Spanish: \u00bfPrueban los caracteres chinos la exactitud de la Biblia?<\/a>
\nChina, Its Biblical Past and Future, Part 2: The Sabbath and Some of God’s Witness in China<\/a> When did Christianity first come to China? And is there early evidence that they observed the seventh day sabbath?
\n Asia in Prophecy<\/a> What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon? A YouTube video of interest may be Is China THE Threat to the United States of America?<\/a>
\nThe Eurasian Union, the Kings of the East, and Bible Prophecy<\/a> Is there a Eurasian union that will be formed? Is one being formed right now? Are any leaders working on that in the 21st century? Does the Bible teach that there will be a Eurasian union? If some type of Eurasian union is formed, who might it benefit and who will it destroy? A related video would be Is The Eurasian Union Rising?<\/a>
\nRussia and Ukraine: Their Origins and Prophesied Future<\/a> Russia in prophecy. Where do the Russians come from? What about those in the Ukraine? What is prophesied for Russia and its allies? What will they do to the Europeans that supported the Beast in the end? There is also a video sermon available: Russia in the Bible and in Prophecy <\/span><\/a>and a video sermonette available: Ukraine in Prophecy?<\/a>
\nIs Russia the King of the North?<\/a> Some claim it is. But what does the Bible teach? Here is a link to a video, also titled Is Russia the King of the North? <\/a>
\nEzekiel 38: For Russia & Iran in Our Day?<\/a> Is Ezekiel 38 about to be fulfilled? A related video is available titled Ezekiel 38: For Russia, Ukraine, & Iran Now?<\/a> Another could be Russia, Iran, Syria, & the Bible (Code)<\/a>.
\nDonald Trump in Prophecy<\/a> Prophecy, Donald Trump? Are there prophecies that Donald Trump may fulfill? Are there any prophecies that he has already helped fulfill? Is a Donald Trump presidency proving to be apocalyptic? Two related videos are available: Donald: ‘Trump of God’ or Apocalyptic?<\/a> and Donald Trump’s Prophetic Presidency<\/a>.
\nTrump Presidency Magic 8 Ball or Bible Prophecy?<\/a> BBC<\/em> reported that one might as well use a ‘Magic Eight-Ball’ to try to predict what will happen in the remaining time of Donald Trump’s presidency. What is a ‘Magic Eight-Ball’? Dr. Thiel not only explains that, but also briefly goes over 10 biblically-based warnings he wrote would happen if Donald Trump were elected that have already began to come to pass. He also goes over something he wrote back in 2008 that the Trump presidency is also helping lead to fulfillment. Should you trust Bible prophecy or not? Dr. Thiel says that Bible prophecy can be trusted, despite the view of skeptics and others that either overlook or despise the Bible. This is a video.
\nDonald Trump and America\u2019s Apocalypse<\/a> This 188 page book is for people truly interested in prophecies related to Donald Trump and the United States, including learning about several that have already been fulfilled and those that will be fulfilled in the future. The physical book can be purchased at Amazon for $12.99 from the following link: Donald Trump and America\u2019s Apocalypse<\/a>.
\nDonald Trump and America\u2019s Apocalypse-Kindle Edition<\/a> This electronic version of the 188 page print edition is available for only US$3.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon \u0019s Free<\/strong> Reader Apps<\/a>. After you go to for your free Kindle reader and then go to Donald Trump and America\u2019s Apocalypse-Kindle Edition<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

COGwriter China is expected to launch something tomorrow with the possible hope of ultimately toppling the US dollar: Multi-billionaire Hugo Salinas Price: \u00a0There is a lot of commentary going around the world, regarding Trump\u2019s initiation of a \u201cTrade War\u201d to rebuild America\u2019s industries. Trump thinks that tariffs will do the trick, and stop the rest […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-47715","post","type-post","status-publish","format-standard","hentry","category-prophecy"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t