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 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 →
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