Nick Barisheff continues our discussion about China, De-Dollarisation and Gold. With US Dollar in its parabolic move it is very difficult to see that US Dollar is losing its reserve status now, but tectonic shifts are already underway in the financial system. Gold has hit today $1,211 even with US Dollar above 99.00. Any meaningful move in Gold will come after US Dollar confirms the Double Top Reversal.
Time is to learn what AIIB is all about. Alasdair Mcleod explains significance of AIIB - Asian Infrastructure Investment Bank. DE-dollarisation continues, China is crystallising the new engine for Asian growth with its huge population and now access to the Russian natural resources. What does infrastructure development mean for the metals? We can find the answer in the latest Chinese acquisitions already.
"Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."