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China Moving Closer to Taking the Yuan International Armstrong Economics

New post on Armstrong Economics

China Moving Closer to Taking the Yuan International

by Martin Armstrong

China’s move to create a yuan based contract for gold was portrayed by the gold promoters cheering this as their savior, but for all the hype, the mere fact that gold will trade in yuan was neither bullish for gold nor any means of displacing the dollar. 65 more words

Gold

Notes From Underground: The Only Good Commie Is the One That Hates the RED of a Down Market

It would be great to concentrate on market fundamentals rather than the latest TWEET but as traders know, can’t play the cards that are not dealt. 1,212 more words

ECB

Renminbi or Yuan!

If you are like me you have had problems distinguishing between Renminbi and Yuan. Here’s some pain reliever from Wikipedia

The renminbi is the official currency of the People’s Republic of China. 415 more words

Thought Leadreship

Xiaomi Mi 5 Bocorannya Bikin Greget

Negeri Tiongkok jadi terkenal beberapa tahun kebelakang berkat munculnya produsen2 smartphone android berharga murah tapi spek mantap. Selain OnePlus yang belum banyak org Indonesia yang tahu, ada Xiaomi merk yang sudah mulai dikenal orang Indonesia. 122 more words

Teknologi

China's Box Office Revenue Exceeds $3.2 Billion during First Part of Year

This year’s report have shown that box office revenues in China exceeded 3.2 billion so far(20 billion yuan).  There were 156 different films shown in Chinese movie theaters this year so far.   85 more words

Movies

Understanding Chinese Money

It can be a little daunting having to only use Chinese money the first little while in China, but hopefully with this guide you will be a pro in no time!  1,164 more words

Money Tips

Greece, China, and Russia – a Plan B for Greece

Greece would survive, have new powerful friends, have bargaining chips that neither Europe nor America could ignore , China would have projected the use of the Yuan right in to Europe and Russia would have more than a toe-hold for military power right inside Natio.

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The International Reporter