Interview: With Mr. Ferguson at T. F. Metals
December 30th 2017: primary theme is the new year coming and new risks and major disruptions. The topics begin with long interest rates with derivative risks and continued QE bond monetization with emphasis on the Treasury Yield Curve and liquidated derivatives for fresh fake Dollar demand. Another topic is the global de-Dollarization movement, the Belt & Road Initiative with its development completely outside the USDollar Sphere, the growing trend of trade in non-USD terms, the amplified development of the non-USD platforms (like AIIBank, CIPS transactions) and the pressures on the Arab oil monarchies to sell China oil in RMB terms. Special emphasis is given the Shanghai completed triangle for Oil-Gold-RMB and the undermine to the Petro-Dollar framework.