JIM WILLIE: RAGING GOLD BULL & DISPUTED PROPAGANDA

Gold moving east:

"The new Gold Trade Finance system is coming into view. The Iran sanctions galvanized the development of alternative methods for non-USDollar trade settlement among Eastern nations. Iran has many trade partners, a situation that has remained firm for a few thousand years. As Turkey and India continue to step forward as gold intermediary agents, with banks and commercial entities providing the service, watch the Gold Trade flourish. Their channels could very likely converge with the numerous Chinese Yuan Swap facilities in place, which started the non-US$ trade practice years ago. Gold will sit at the core (along with Silver and Platinum) in the gold trade notes and settlement system."