Trump Shift to China: Dollar Protection Strategy?

US Deficit Spending Has Been Supported By Heavy Foreign Buying of US Treasuries. Will Recent Dumping of US Treasuries by China and Other Nations Continue? Do Chinese De-Dollarization Initiatives and a Proposed Gold Payments System with the BRICS Presage Game Over for the Dollar? Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Read More →

Are Russia and China Moving Against the Dollar?

Are Russia and China Moving Against the Dollar In response to sanctions Russia has struck a deal with Iran for oil. China and Russia have been stockpiling gold. Are both moving away from the dollar? Podcast Summary: 0:00-6:10 Introduction Why Did the Fed Taper? 6:10-7:35 Discussion of why the Fed tapered its quantitative easing program Read More →