The Chinese Communist Party (CCP) has recently implemented two reductions in interest rates for U.S. dollar deposits in order to stabilize the exchange rate of the Chinese yuan. Analysts have raised concerns about the rapid depreciation of the yuan, which could lead to an increased outflow of funds from China and potentially heighten the risk…
IN-DEPTH: Argentina Starts Allowing Bank Accounts in Chinese Yuan, But Locals Prefer Dollars
The ongoing shortage of U.S. dollars in Argentina has reached a new milestone, and officials are taking drastic steps to refill depleted foreign currency coffers. On June 29, Argentina’s Central Bank announced it would allow residents and businesses to hold accounts in China’s RMB yuan. The historic decision marks a departure from using solely the…
US Debt Default Could Help China Dethrone the Dollar
As the June 5 deadline for a decision on the U.S. debt ceiling looms, China could gain the upper hand in global influence if the United States defaults on its $31.4 trillion debt. Amid political tensions and struggles for trade dominance, the debt ceiling debate is poised to have a significant impact on the U.S. dollar, both…
OPEC Cuts May Lead to a World Crisis
Commentary The world is facing a precarious moment in the oil market. The recent decision by OPEC+ to extend production cuts has raised concerns about the potential impact on the global economy. While the move may benefit oil producers in the short term, it may be a misguided action that could also have unintended consequences…
BRICS Creating New Currency Backed by Gold, Soil, Rare-Earth Elements | Facts Matter
While the media in America has been laser-focused on the arrest and indictment of former President Donald Trump, the rest of the world hasn’t stopped spinning. Instead, many of the United States’ geopolitical rivals are taking this opportunity, while America is distracted, to make their moves. For instance, the BRICS nations (an organization, similar to…
The US Dollar Will Stay the World’s Reserve Currency
Commentary There has been a lot of worry about the burgeoning partnership between Russia and China. Russia’s economy is very small, and it cannot afford to fight the continuing war in Ukraine. It needs China to help, and China is more than willing to buy energy products from Russia. The trading is being executed in…
China’s Brazil Deal Could Topple US Dollar in Region, Create Supply Chain Bottlenecks: Analysts
On March 29, Brazil’s government announced it would start using local currency and China’s yuan for financial transactions between the two nations. While pragmatic on the surface, some say the move indicates China’s push to end the U.S. dollar’s dominance, particularly in the Americas. The decision occurred in lockstep with Beijing’s increased demand for commodities from the…
Why Russia and China are Stockpiling Gold; Central Banks Quietly Buying Gold At Fastest Pace In 55 Years | Facts Matter
China and Russia have been stockpiling massive amounts of physical gold. However, it’s not just Russia and China. Looking across the entire world, it seems like most central banks are in the process of increasing their stockpiles of gold. In fact, according to the World Gold Council, central banks bought a record 399 tons of…
Investors Rush to Safety of Cash at Fastest Pace Since Pandemic Stock Rout
With the Federal Reserve maintaining a hawkish stance, investors have been fleeing toward the safety of cash at a record pace. In the week through Nov. 2, investors poured in $62.1 billion into cash, a note from Bank of America (BofA) said citing EPFR Global Data. Since the beginning of October, fund flows into cash…
PREMIERING 7 PM ET: The Coming Currency Crisis Will Be Serious: Brent Johnson
Investment manager Brent Johnson caused a stir in 2018 when he published his dollar milkshake theory. He predicted the world would face a major currency crisis but said the U.S. dollar would be the last domino to fall. This was like heresy to those who were predicting the death of the dollar due to rampant…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta