Tuesday, September 23, 2014

China docks war ship in Iran as Petro-Yuan goes head to head with Petro-Dollar

The proxy war for control over the global reserve currency heated up another notch on Sept. 21 as China sailed a destroyer through the Straits of Hormuz and docked in an Iranian port just miles away from an American fleet docked in the UAE.  The meaning behind this move is not mysterious as China is quickly drawing the line that U.S. sanctions on one of their oil partners will no longer be tolerated, and that the proxy war between the Petro-Dollar and the up and coming Petro-Yuan is coming closer to home.

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