Ned Schmidt was on with us and he believes that the SDR is going to adjusted in the next few months to include the Chinese Yuan. This will have the effect of putting a floor on Yuan and a cap on the Dollar. It will force much of the world to diversify their portfolios away from the Dollar and towards the Yuan. We will know shortly, when the IMF acts. 

Direct download: Ned_Schmidt_04.Nov.15.mp3
Category:general -- posted at: 7:05pm EDT
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