RE-Dollarization – Greece to Ditch Euro for Dollar?

Trump’s Pick to be U.S. Ambassador to the EU, Ted Malloch says Greece May Dump the Euro in Favor of the Dollar. As Petro Dollar Becomes Less Relevant What Might Replace it? The Dollar – Based on Increased Military Strength and New Geo-Political Arrangements. Click here to see the Smaulgld commentary video to this report Read More →

China Gold Fund To Help Central Banks Buy Gold

shanghai gold exchange fund and silk road

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 Accelerates With Treasury Bond Sales and Creation of the AIIB

Chinese U.S. Treasury holdings chart

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 →