What China has essentially done today is introduced their own gold fix priced in yuan. Once the world views gold in terms of yuan per grams of gold as the way of measuring and trading gold, that will mean that… Read More ›
YUAN
China plans to launch yuan gold fix by end of 2015
China plans to launch a yuan-denominated gold fix by the end of 2015 via the Shanghai Gold Exchange (SGE), in a move aimed at giving the world’s biggest bullion producer and consumer more influence over pricing. The first public confirmation… Read More ›
Chinese Gold Standard Would be “Game Changer”
Could gold, the world’s longest running currency be used to create a new order in global currencies? The Chinese central bank is said to be considering backing its yuan with the yellow metal. This move, says Ken Hoffman, Global Head… Read More ›
V Guerrilla Economist / Shale Oil Carnage, De dollarization, Mideast Wars
V: The Guerrilla Economist joins me to discuss the current Economic state of the world, particularly that of the US.. Global Geopolitical events are also discussed; topics covered include: Weaponized banking. Line of credits being called in for Shale oil companies Auto loans offered… Read More ›
China Has Announced Plans For A ‘World Currency’
http://theeconomiccollapseblog.com/archives/china-announced-plans-world-currency The Chinese do not plan to live in a world dominated by the U.S. dollar for much longer. Chinese leaders have been calling for the U.S. dollar to be replaced as the primary global reserve currency for a long… Read More ›
Growing The Russia-China New Relationship
While the Obama Administration is preoccupied with keeping an increasingly unhappy EU firm on further economic sanctions against Vladimir Putin’s Russia, Putin is busy outflanking an increasingly desperate Washington. Rather than fixate on the deliberate US and NATO provocations in… Read More ›
The New Global Economy: The Rise Of China And Decline Of The U.S.
http://emergingequity.org/2015/01/28/the-new-global-economy-the-rise-of-china-and-decline-of-the-u-s/ There is a limit to economic manipulations by empires. All empires have perished due to economic hardships. The Ottoman, Soviet and the British empires were no exception in the past century. Waste was the key product of these empires…. Read More ›
