Blog/Yuan ¥

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 [...]

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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 [...]

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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 [...]

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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 [...]

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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 [...]

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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. [...]

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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 [...]

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