China adds another $19.5 billion of U.S. Treasury Securities in July. China added $44.3 billion in U.S. Treasuries in June and passed Japan as the world’s largest foreign holder of U.S. Treasuries. Total U.S. Treasuries held by China were at 1.166 trillion at the end of July, compared to Japan’s $1.113 trillion. Russia added $200 … Read More →
China to Issue First Dollar Denominated Bond Since 2004. Reports of the Death of the Dollar are Greatly Exaggerated. Alt Fin Media continues to pump unsourced gold-backed Yuan story. Swiss Town to Accept Tax Payments in Bitcoin. Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: “Would Fire Anyone Trading It”. China to shut Cryptocurrency … Read More →
Cryptocurrencies Bitcoin and Litecoin are less prone to bubble valuations than ICOs. In a gold rush pick and shovel sellers often make more than the gold prospectors. In the crypto gold rush Ethereum and Bitcoin are both pick and shovel sellers and gold themselves. Watch the Video Companion to this blog post “The Bubble is … Read More →
Smaulgld Makes it Easy To Make Donations Denominated in Special Drawing Rights. Start thinking in SDRs, by making a SDR denominated donation to Smaulgld.com. Make a SDR Denominated Donation to Smaulgld in your home currency US citizens NOT Excluded from making SDR denominated donations to Smaulgld.com. You can buy Bitcoin, Ethereum and Litecoin through Coinbase. … Read More →
Foreigners Treasury Buying Binge Accelerates in June as Redollarization Continues. China adds $44 billion in Treasuries in June. Saudia Arabia, UK, Swiss and India Boost U.S. Treasury Holdings Again in June. Russia Cuts holdings for first time all year. Mexico continues to dump Treasuries. You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE … Read More →
The Dollar is an inflation hedge against the Venezuelan Bolivar. Dollars are Valuable in Inflation Torn Venezuela. A Robust Black Market for U.S. Dollars Has Developed. Smaulgld On Wall Street For Main Street Earlier this week I was intereviewed by Jason Burack from Wall Street For Main Street. We discuss a wide variety of topics … Read More →
Mexicans Cut U.S. Treasuries by More Than Half Since Donald Trump Announced His Candidacy For President in June 2015. Mexicans Shed $19.9 billion in U.S. Treasuries Since Donald Trump Became the Republican Nominee for President in June 2016. Mexicans have dumped another $8.2 billion in U.S. Treasuries Since November 2016. Mexican U.S. Treasury Holdings fall … Read More →
Russian U.S. Treasury Holdings up 41% since October 2016 (+$34 billion); at Highest Level since September 2014. Chinese US Treasury Holdings are up $53 billion since October 2016- The Last Month the People’s Bank of China Added Gold to Reserves. Japan, Brazil, Switzerland, UK, Saudi Arabia, India and France also boost holdings in 2017. Saudi … Read More →
Citizens Claim Right to Create Scriptural Euros. Citizens conjure Euros out of thin air, just like banks. You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a coin base account and get $10 of free Bitcoin.* Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Sign up here. Donate … Read More →
With OPEC oil cuts and U.S. oil production and exports surging, is the US dollar set to replace the Saudi- backed petro dollar? Is re-dollarization already underweigh? You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a coin base account and get $10 of free Bitcoin.* Check out all the Smaulgld … Read More →
