by Tyler Durden Whether or not the PBOC finally decided to show the US it means business with the “weaponized” Yuan, but moments after today’s PBOC yuan fixing, which dropped against the dollar by a whopping […]
This might seem a frivolous question, while the dollar still retains its might, and is universally accepted in preference to other, less stable fiat currencies. However, it is becoming clear, at least to independent monetary […]
By Mahdi Darius Nazemroaya The Chinese are in the process of displacing the monopoly of the US dollar. They are dropping their US Treasury bonds, stockpiling gold reserves, and opening regional distribution banks for their […]
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