Finance executives in Asia see the writing on the wall. They can see that the dollar is in a period of terminal decline, and that the Chinese renminbi is going to take tremendous market share away from the dollar - and they want a big piece of the action. To that end representatives of the Hong Kong Exchange and the Singapore Exchange, THE two dominant financial centers in Asia, have signed an agreement to combine their forces in rolling out more financial products denominated in Chinese renminbi. This has massive consequences for the global financial system - and the future of the U.S. dollar.
Read More »Gold Setting Up To Bottom; U.S. Dollar Setting Up to Crash (+3K Views)
The next black swan is already staring us in the face. It's out of control currency debasement and it's going to be a collapse in the purchasing power of the US dollar. [After all,] does anyone seriously think that we can print trillions of dollars out of thin air for five years and not eventually have something bad happen?
Read More »China’s Reining In of U.S. Treasury Purchases Will Precipitate U.S. Dollar Collapse (+4K Views)
The People’s Bank of China is reported by Bloomberg to have said that it will rein in dollar purchases as the country no longer benefits from increases in its foreign-currency holdings...What implications will this have? I believe that we'll see the start of a U.S. dollar collapse. Here's why
Read More »Believe It or Not: Biggest Threat to U.S. Is Economic Growth
Fed Chair Bernanke vehemently denies that the Fed “monetizes the debt,” but our research shows the Fed may be increasingly doing so. We explain why and what the implications may be for the dollar, gold and currencies.
Read More »Bitcoin Buzz from Visual Capitalist (+3K Views)
What currency is feared by the European Central Bank as a threat to fiat monetary institutions? What currency is cash-like but digitally transmittable allowing for ultimate anonymity and global mobility? What digital currency is up over 2,200% over the last year? It's Bitcoin.
Read More »This Proposed Law Would Ban Use or Possession of U.S. Dollar in Russia (+5K Views)
If the U.S. national debt continues to grow then the U.S. dollar system will collapse in 2017 suggests a Russian lawmaker in submitting a bill to the country’s parliament that would ban the use or possession of the American currency.
Read More »Currency Wars Can Work to Your Advantage – Here’s Why & How To Do So (+2K Views)
Looking for a simple way to outperform the market on your international equity index portfolio? Here's how.
Read More »Goldrunner: Here’s My Take On All That Debt Ceiling Crap (+2K Views)
All of the crap about the debt ceiling is really about plausible deniability, delivered as propaganda. Threaten deflation and austerity to make a big scene, and force the people to demand the debt ceiling be raised. This is all part of the “show deflation” at critical times when they want to print more aggressively with no blow back.
Read More »75th Birthday of Superman Celebrated With New Line of Collector Coins – Take a Look! (+3K Views)
Happy Birthday Superman! In honour of the 75th anniversary of the ultimate super hero, the Royal Canadian Mint has unveiled a brand new line of collector coins. Here’s a look at the latest designs as well as nine other memorable creations produced by the Mint.
Read More »Direction of U.S. Trade Deficit Indicates Direction of U.S. Dollar
The trade deficit has improved a lot since 2010 and the U.S. dollar strengthened with it but I believe that is all about to change. Here's why.
Read More »