China Pricing Power Grows
This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good Morning.Bretton Woods Three is a Process, Not an Event. Today:* Premium: Rabobank on Global Monetary Reserves* Commentary: LBMA welcomes China even moreMarkets Yesterday:US equities were mixed on Wednesday amid a slew of corporate earnings reports.Premium/Markets: Fragmented MoneyThe currency composition of cross-border payments for US-leaning countries is unchanged, but for those China-leaning the CNY share has more than doubled, from around 4% to 8% - and this is not only Russia, but a…
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