Terry Sacka Explains How the Chinese Economy is Directly Impacting the US Markets
The US Markets have been very volatile as of recent as sharp inclines have been offset by sudden sell-offs. Terry Sacka AAMS, made a recent appearance on The Wealth Transfer show to explain how China is affecting our economy.
Terry Sacka, host of The Wealth Transfer, made a recent appearance on the first new episode of 2018 to explain how the direct assault on the American Dollar through the introduction of the new Chinese PetroYuan now threatens to overthrow the US Dollar as the standard reserve currency.
His full comments can be seen below:
He went on to mention that now President Xi Jinping has been re-elected and currently serving as General Secretary of the Communist Party of China, this has now sealed the deal as a lifetime leader. On September 18, 2017, the Chinese state media announced that the Communist Party Central Committee had decided that Xi's political philosophies, generally referred to as "Xi Jinping Thought" by western media, would become part of the Party Constitution.
President Xi Jinping and China have taken initiatives in slowly building relationships with other countries such as the One Belt One Road Initiative involving The Silk Road Economic Belt which pushes the Yuan to the forefront as the standard for international exchange and not the US Dollar. These series of moves greatly affect the future of our dominance.
About Terry Sacka
Terry Sacka, AAMS is the founder of Cornerstone Asset Metals, a dealer in natural resources (precious metals to be specific), and offers gold, silver and other precious metals backed IRAs, backed by real physical, tangible hard assets, not paper investments.
His new series Terry in Two, offers two minutes of introspective thoughts, reflections, and observations of world events in the macro and how they affect our American way of living in the micro.
He has been quoted several times by some of the most respected financial publications, such as Investor's Business Daily, Institutional Investor and the Wikipedia page "Silver as an Investment".
Precious Metals IRAs
Gold and silver is the best performing asset class in the last ten years. With a precious metals IRA - there;s actually a physical metal purchased and stored on your behalf. Gold is capable of going back to its high, yielding a 60% return and silver a 200% return. They are the real wealth transfer in the physical market.
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Terry Sacka, AAMS
Page Updated Last on: Jan 31, 2018