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China May Match India as World’s Biggest Gold Consumer on ‘Amazing’ Demand
bloomberg.com Chinese consumption of gold may climb to rival that of India, the top user, as investors buy the metal as a store of value, said GFMS Ltd. and INTL FCStone. Demand in China, the world’s...
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12 Warning Signs of U.S. Hyperinflation
inflation One of the most frequently asked questions we receive at the National Inflation Association (NIA) is what warning signs will there be when hyperinflation is imminent. In our opinion, the...
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China Inflation Is `Somewhat Out of Control’ on Weak Currency, Soros Says
bloomberg China’s decision to keep its currency weak has caused the government to lose control of inflation and risks fuelling wage-price gains, billionaire investor George Soros said. While the...
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BRICS demand global monetary shake-up, greater influence
yahoo.com (L-R) India's Prime Minister Manmohan Singh, Russia's President Dmitry Medvedev, China's President Hu Jintao, Brazil's President Dilma Rousseff and South African President Jacob Zuma attend a...
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PBOC’s Zhou Urges Cutting China’s $3 Trillion of Foreign-Exchange Reserves
bloomberg Zhou Xiaochuan, governor of the People’s Bank of China. Photographer: Qilai Shen/Bloomberg China needs to reduce its foreign- exchange reserves as they exceed the level the nation requires,...
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Dollar keeps sinking while gold tops $1,500
latimes.com Silver, Gold up 49% 6% respectively on the year while Dollar keeps tumbling The dollar is getting trashed again, driving a key index of the U.S. currency’s value to its lowest level in more...
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US, China to hold economy meeting in May
AFP WASHINGTON — Top officials from the United States and China will meet in Washington early next month, the Treasury Department said Monday, as tensions between the two economic superpowers simmer....
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China’s yuan at record ahead of Washington talks
marketwatch HONG KONG (MarketWatch) — China’s yuan rose to a fresh record against the U.S. dollar on Monday, edging up a fraction from its close in the previous trading session ahead of senior-level...
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Russia, China Will Trade In Rubles,Yuan
rian Russian Central Bank Russia and China will switch to trade in rubles and yuan to boost bilateral trade and economic cooperation, following an agreement signed between the central banks of both...
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Doing The Global Currency Shuffle
alt-market In mainstream financial circles, the concept of a global currency is often spoken of only with an atmosphere of caution. It is approached always in hypothetical terms. It is whispered of as...
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