"China Going Asset Backed" - Jester's Place Chat Highlights 2/8/18

by **Ssmith** Fri Feb 09, 2018 8:07 am

Jester’s Place

[JESTER] HELLO AND HAPPY TUESDAY EVERYONE...

[caro] JESTER Jim Wiley says China is going to asset back their currency with oil, not going to use the petro dollar, where is China getting the oil?

[JESTER] caro THAT IS NOT EXACTLY CORRECT... THEY ARE BUYING OIL WITH GOLD BACKED YUAN OIL FUTURES CONTRACTS......

[JESTER] THEY ARE ALREADY TRADING WITH RUSSIA IN YUAN... SO THAT WAS THE START OF THE PETROYUAN..

[caro] Jester oh misunderstood it thanks for correcting me, and explaing that

[JESTER] BEEN TELLING YOU THE DOLLAR DECLINE WAS COMING... THIS IS WHAT IS HAPPENING.... STUDY UP.... HAHAHAH

[truth] JESTER guess we should be thinking multiple currencies ....

[JESTER] THIS HELPS EXPLAIN.... https://www.newsmax.com/finance/peterreagan/china-gold-monetary-system/2017/09/09/id/812544/

[caro] Jester Ok thanks will study up lol

[JESTER] WILLIE HAS IT FIGURED OUT HE JUST CAN'T GET IT ALL IN ONE PLACE OR MAKE IT UNDERSTANDABLE AND TIED TOGETHER...

[JESTER] HIS FACTS ARE CORRECT EXCEPT HE THINKS THEY WILL INTRODUCE THE SCHIESS DOLLAR AND THE FED WILL STAY... I SAY THE FED BECOMES THE SCHIESS DOLLAR AND THE NEW ASSET BACKED WILL BE USED FOR TRADE... SDR OR WHATEVER YOU LIKE TO ALL IT...

[JESTER] THE WAY THAT EXISTS IS THE FED NOT AT ALL FEDERAL CENTRAL BANK VERSUS THE UST... WHICH WILL HAVE THE ASSET BACKED CURRENCY IN IT..

[JESTER] SDR'S WILL LIKELY BE USED INTERNATIONALLY AND THEY WILL BE THE TRADING MONEY I BELIEVE...

[truth] JESTER wow will need help in knowing what to do. Fin advisor, you have names?

[JESTER] truth WONT REALLY AFFECT YOU UNLESS YOU GO ABROAD... SHOULD NOT CHANGE THAT MIUCH HERE EXCEPT PRICES FOR IMPORT WILL RISE... WHICH IS GOOD REASON FOR TRUMP TO GET JOBS MOVING HERE AGAIN...

[alfonse] JESTER Does that not make investments by foreign corp's more profitable

[JESTER] alfonse AS THE DOLLAR DEVALUES IT WILL STILL BUY THE SAMEI THE US... IT WILL BUY LESS OVERSEAS... SO IF YOUR BUSINESS IS DENOMINATED IN DOLLARS DON'T YOU THINK IT WOULD BE BETTER TO BE HERE IN THE STATES? THAT IS WHAT HE IS TRYING TO DO... SMART ONES WILL COME BACK WHILE THEY CAN...

[JESTER] YOU GUYS TAKE IT EASY AND WE'LL SEE YOU AGAIN ON THURSDAY...

by **Kevind53** Fri Feb 09, 2018 7:22 pm

Jester, your ignorance is astonishing and you bull crap is disgusting.

"China Going Asset Backed" - Jester's Place Chat Highlights 2/8/18

"China Going Asset Backed" - Jester's Place Chat Highlights 2/8/18

Re: "China Going Asset Backed" - Jester's Place Chat Highlights 2/8/18