Tag Archives: USD

How China Can Cause The Death Of The Dollar And The Entire U.S. Financial System

Posted on November 8, 2013 by DRenegade

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 →

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Dollar braces for dovish Fed, gloomy US data

Posted on October 27, 2013 by DRenegade

The U.S. dollar will remain under pressure this week on expectations that the Federal Reserve will signal stimulus remains intact for longer at its two-day policy meeting, according to CNBC’s latest market survey of currency traders, analysts and strategists. Technical … Continue reading →

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The sun is setting on dollar supremacy, and with it, American power

Posted on October 15, 2013 by DRenegade

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 →

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The Shape of Things to Come – May 30, 2013

Posted on May 30, 2013 by DRenegade

It appears that the USD is no longer the cleanest dirty shirt – but precious metals, perhaps? And amid all this chaos in fiat and non-fiat currency markets, equities and bonds remain somewhat stoic. This is the biggest 2-day drop in … Continue reading →

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Analysis: China’s currency foray augurs geopolitical strains

Posted on October 4, 2012 by DRenegade

“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 →

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The People’s Bank of China will benefit Russian banks, trading on the MICEX yuan-RTS

Posted on May 3, 2012 by DRenegade

It would appear that Russia and China are expediting their currency transfer from the US dollar to their own currencies. Once the USD is replaced with an international “basket” of currencies and commodities (gold), the printing presses at the Treasury … Continue reading →

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How Much Longer Will the Dollar Be the World’s Reserve Currency?

Posted on January 21, 2012 by DRenegade

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 →

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