Tags » Currency War

Chinese gold and the U.S. dollar

  • China’s central bank is buying huge quantities of gold.
  • China wants the yuan to become a reserve currency, but does not want a “strong yuan”.
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Chinese Gold

Challenging Year

It has been months since the new administration manages our lovely large country. Populated by majority Muslims with growing middle income group, Indonesia faces world downturn economy. 31 more words

Politics

The CURRENCY WAR: Is America Ready?

So you have probably heard by now yesterday the NYSE (New York Stock Exchange) experienced some “glitches”… but where they really just a “glitch” in the system? 885 more words

Current Events

'It's time to hold physical cash,' says one of Britain's most senior fund managers

Then Chinese stock market in correction territory, down twelve percent from its recent highs and the bond market spirals out of control. What does it mean for the average person? 384 more words

Dollar

China's yuan is no longer undervalued, says IMF

For more than a decade, China’s taken a verbal beating from other countries for keeping its currency unfairly cheap. Those days might finally be over. The yuan (a.k.a. 486 more words

On a Tesco Shop

Today I went to Tesco to do my shopping. At the till I met three lovely ladies, serving customers at the checkout. They all looked in their late fifties to early sixties. 384 more words

47 Bullion