Re-Dollarization Continues as China, Russia & Saudis Load Up On Treasuries

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 →