Blog
Toxic Currencies – Good for the Yuan
The Chinese yuan has out-traded the US dollar by volume for one of the first times in recent Russian history. The dollar was king in 1991 when the Soviet Union [...]
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China’s Central Bank Discusses Inflationary Fears
It is not out of the question that China is holding onto its Zero COVID policy tactics to prevent the people from realizing banks are in the midst of a liquidity [...]
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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 [...]
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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 [...]
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World Bank Warns Against Hoarding and Russia Turns to the Yuan
There will be a run on gas and food, the World Bank inadvertently reported. World Bank President David Malpass is warning people not to hoard essentials amid [...]
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China & Buying Gold – Why?
QUESTION: Mr. Armstrong; I believe you said at the WEC in 2017 that central banks will diversify and increase their gold reserves going into the currency crisis [...]
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Bitcoin – What Next?
The rally in bitcoin has come out of China, which has accounted for 98% of bitcoin trading in the past six months. China is also home to about two-thirds of the [...]
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What Happened to the End of the World & Dollar Today?
COMMENT: Well Marty, I guess you are right and the lunatic fringe who said the world would end today and the dollar would crash all because the IMF would [...]
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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 Shuts Down FOREX at Foreign Banks to Try to Stop Dollar Rise
China has suspended FOREX business at three main foreign banks for the first quarter of 2016 in an effort to curb the outflow of capital into the rising dollar. [...]
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