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Tag Archives: Reserve Currency
China Announces That It Is Going To Stop Stockpiling U.S. Dollars
China just dropped an absolute bombshell, but it was almost entirely ignored by the mainstream media in the United States. The central bank of China has decided that it is “no longer in China’s favor to accumulate foreign-exchange reserves”. During … Continue reading
Posted in Editorial, Financial
Tagged China, Dollar, Reserve Currency
Comments Off on China Announces That It Is Going To Stop Stockpiling U.S. Dollars
And So It Starts: the End of the Dollar
China Fires Shot Across Petrodollar Bow: Shanghai Futures Exchange May Price Crude Oil Futures In Yuan With the US shale revolution set to make America the largest exporter of crude, however briefly, the influence of Saudi oil is rapidly declining. … Continue reading
Comprehend the Consequences
Record Levels of Currency Reserves Will Hit Hard When the US federal government was shutdown, China jumped in on the financial bandwagon and suggested that we build ‘a de-Americanized world’, which boils down to getting rid of the dollar as … Continue reading
How China Can Cause The Death Of The Dollar And The Entire U.S. Financial System
I strongly suggest you read this entire article. David DeGerolamo The death of the dollar is coming, and it will probably be China that pulls the trigger. What you are about to read is understood by only a very small … Continue reading
9 Signs That China Is Making A Move Against The U.S. Dollar
By Michael Snyder The following are 9 signs that China is making a move against the U.S. dollar… #1 Chinese credit rating agency Dagong has downgraded U.S. debtfrom A to A- and has indicated that further downgrades are possible. #2 China has just … Continue reading
The sun is setting on dollar supremacy, and with it, American power
All great empires – from the Greek, to the Roman, the Spanish and the British – have at their heart a dominant means of exchange which is very much part of their political and social hegemony. Once upon a time, … Continue reading
Posted in Editorial, Financial
Tagged Dollar, Reserve Currency, USD
Comments Off on The sun is setting on dollar supremacy, and with it, American power
China calls for new global currency
China is calling for a global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week’s London summit on the financial crisis. The surprise proposal by Beijing’s central bank governor reflects … Continue reading
Posted in Editorial, Financial
Tagged China, Dollar, Reserve Currency
Comments Off on China calls for new global currency
Yuan World Order
The pieces are falling into place quickly. There are three ways to take down the United States: 1. Replace the US Dollar as the world’s reserve currency. This stops the Federal Reserve’s control of the Treasury’s printing presses. 2. Overthrow … Continue reading
Analysis: China’s currency foray augurs geopolitical strains
“It’s our currency and your problem,” U.S. Treasury Secretary John Connally famously said of the dollar in 1971. More than 40 years later, China is doing something about it. Fed up with what it sees as Washington’s malign neglect of the dollar, … Continue reading
Why Are Central Banks Buying Gold?
Why are central banks buying gold? A simple question with a simple answer: Central banks are expanding reserves due to concerns about the dollar, euro, sterling and all fiat currencies. There is an increasing realisation amongst central bankers that gold … Continue reading
Posted in Editorial, Financial
Tagged Central banks, China, Gold, manipulation, NC Renegade, Reserve Currency
3 Comments
How Much Longer Will the Dollar Be the World’s Reserve Currency?
Bank holiday was considered by Obama in 2009 The following articles show a progression since late 2010 of countries abandoning the dollar (USD) as the world’s reserve currency. There are multiple reasons why the average American should be concerned: 1. … Continue reading
Posted in Civil Unrest, Editorial, Elections, Energy, Financial
Tagged China, Dollar, Economic Collapse, India, Iran, NC Renegade, Reserve Currency, Russia, USD
4 Comments