The BRICS vs. the West and Japan. How do the BRICS stack up against the western nations? What is China’s role? China’s recent admission to the International Monetary Fund’s (IMF) Special Drawing Rights (SDR’s) highlights how China straddles the world of emerging markets and established markets. China is considered the key country in the emerging … Read More →
China Gold Fund. The Shanghai Gold Exchange Leads Fund to Help Central Banks Buy Gold. The Shanghai Gold Exchange and about sixty countries along the Silk Road Economic Belt will raise about $16 Billion for a gold based fund. The Shanghai Gold Exchange led fund will also invest in gold mining projects along the silk … Read More →
De-Dollarization and the Asian Infrastructure Investment Bank. As de-dollarization continues, paradoxically the dollar is rising. Fed talk still trumps international actions. Update January 5, 2016: China to launch Yuan Gold Fix De-dollarization accelerates while the U.S. Dollar Index (DXY) also rises. The DXY has risen nearly 20% the past year despite an acceleration of de-dollarization … Read More →
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