While the clowns come together in Quebec for the G-7 this weekend, real things are getting accomplished in Asia at the SCO Summit

While the clowns come together in Quebec for the G-7 this weekend, real things are getting accomplished in Asia at the SCO Summit

Nothing spells out chaos and turmoil better than the expectations this weekend for Western leaders at the G-7 conference in Quebec, Canada.

Even before arriving for the summit, European leaders have gone as far as to try to isolate the U.S. by calling the group the G-6 +1, with some like Emmanuel Macron threatening to stand toe to toe with President Trump over trade and tariffs.

However while it appears that the West has diminished to nothing more than a three ring circus, over in Asia real work is getting accomplished at the Shanghai Cooperation Organization (SCO) summit which is scheduled to also meet this weekend.

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Jim Willie: Two key and inevitable events are upcoming that will change the scope of global finance and usher in a return of gold as money

Jim Willie: Two key and inevitable events are upcoming that will change the scope of global finance and usher in a return of gold as money

In his most recent Hat Trick Letter, Dr, Jim Willie pointed towards two inevitable events that will soon be coming that will change the global monetary and financial systems as we know it, and usher in a return to the world utilizing gold as money in some form and fashion.

Mentioning a few of his vast sources for collaboration, these events appear at least in part to be triggered by the crash or collapse of Western banks in Italy, Spain, and Germany which will cascade over to not only ones in the United States, but most probably the central banks as well.  And also the end of the Petrodollar as Saudi Arabia moves away from the dollar and into the arms of China.

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