China Back on Top, Passes Japan as Top U.S. Treasuries Holder

foreign holders of US Treasuries through June 2017

Foreigners Treasury Buying Binge Accelerates in June as Redollarization Continues. China adds $44 billion in Treasuries in June. Saudia Arabia, UK, Swiss and India Boost U.S. Treasury Holdings Again in June. Russia Cuts holdings for first time all year. Mexico continues to dump Treasuries. You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE Read More →

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

Foreign holdings of US treasury securities November 2016 -May 2017

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 →

Is the U.S. Dollar Becoming the New Petro Dollar?

Annual U.S. Exports of Crude Oil 2006 - 2016

With OPEC oil cuts and U.S. oil production and exports surging, is the US dollar set to replace the Saudi- backed petro dollar? Is re-dollarization already underweigh? You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a coin base account and get $10 of free Bitcoin.* Check out all the Smaulgld Read More →