Blog/Yuan ¥
Israel Added Yuan to Reserve Currency Portfolio
Israel has now moved to add the Chinese yuan to its reserve currency portfolio, which will create a natural hedge against the risk of insanity pushing for war by [...]
Read More
Saudi Arabia Considers Accepting Yuan for Oil
Russia is not the only country turning to the yuan. Beijing is in talks with Saudi Arabia to begin purchasing oil with their own currency opposed to the USD. Saudi [...]
Read More
USD v China
QUESTION: Hi Marty, You were completely right, as always, about the USD rally. When we get closer to 2032 and thus closer to China being the number 1 economy of [...]
Read More
Central Bank Reserves – The Rise of the Yuan
QUESTION: Mr. Armstrong; I understand that your model shows that China will become the dominant economy post-2032. The IMF added the yuan to their SDR basket. Are [...]
Read More
Dollar Manipulation by China & Japan?
The two largest foreign holders of the US debt, China and Japan, reduced their holdings of US government bonds in November compared to October. While many are [...]
Read More
China Open Gold Trade in Yuan as Proxy for the Yuan
China keeps moving gradually to open up their economy to international forces. The People’s Republic of China has expanded the trade in gold in yuan and thus [...]
Read More
Gold – Oil – Dollar
QUESTION: Mr. Armstrong; At the cocktail party in Hong Kong I am the one who asked you how China should proceed to make the yuan a reserve currency. You said the [...]
Read More
Central Banks Continue to Sell Dollars to no Avail
The capital flows into the dollar are rather staggering. Central banks continue to try to sell the dollar to keep their currencies afloat. China’s [...]
Read More
SDR – China – Dollar
COMMENT: You are wrong. The SDR will destroy the dollar as of October 1st when they include China. You will see. China will sell all its US Treasurys and buy SDRs. [...]
Read More
China & the Dollar
The dollar rally and the devaluation of the yuan is not a fluke and it most certainly is not a one-time event. The dollar declined against the yuan for 19 years [...]
Read More
