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Showing posts with label yuan. Show all posts
Showing posts with label yuan. Show all posts

Monday, November 10, 2014

Japan's Abe and China's Xi Finally Shake Hands. Starting point? - CSMonitor.com

It’s Currency War! – And Japan Has Fired The First Shot | Alternative

Thursday, November 6, 2014

Is Switzerland About to Revert Back to a Gold Standard? - Atlantic Mobile

m.theatlantic.com/business/archive/2014/11/switzerland-might-revert-back-to-a-gold-standard/382468

We may see a time when the debt-based system backing the US Dollar is discarded if there is a migration to a new, global reserve currency which would be backed by gold.  It appears that China is at the forefront of this scenario.  Germany is a close second based upon the amount of their gold reserves.

Follow this link to learn how easy it is to own your own gold and generate extra income at the same time!

China's Gold-Backed, Reserve Currency


China's Gold-Backed, Reserve Currency - Seeking Alpha

China is on a path and objective to make the Yuan the new, global reserve currency.  Their position of strength and trade surplus provide them with clout and muscle to bring some heavy blows to the US Dollar.


Tuesday, November 4, 2014

RUSSIA / CHINA / BRAZIL Joining Forces to Avoid U.S. DOLLAR

RUSSIA / CHINA / BRAZIL Joining Forces to Avoid U.S. DOLLAR
http://news360.com/article/264539460

The BRICS Group make it clear that they exist to throw off the monopoly of the West.

The Coming Financial Crisis: A Harbinger of World Renewal?

The coming financial crisis: a harbinger of world renewal?
http://news360.com/article/264332180

A global, financial reset is quite possible, and could bring about a new world reserve currency accompanied with the implementation of a digitized or biometric cashless, global trade and commerce.  

Saturday, November 1, 2014

Study: Chip-&-PIN Won't Cure Retail Breaches

http://www.darkreading.com/attacks-breaches/study-chip-and-pin-wont-cure-retail-breaches/d/d-id/1317141
#cashless


It appears the new trend toward a more-secure chip/pin card is being met with some concerns.  Personally, I believe we will see a roll-out of biometric/chip cards followed close behind by commerce-without-card-present / ibeacon / nfc / smartphone transactions becoming the standard.

In any way this is viewed, it does mean a move toward a cashless, global commerce.  This, along with a push by the East for a new global reserve currency means the financial future is certainly in flux.

Should we ever move from a debt-based-controlled commerce, as is the case with the Federal Reserve, it will be a move toward gold-backed currencies leaving a huge question as to the viability of the US Dollar.

There's never been a better time to invest in gold.  If interested in doing so, purchasing by the gram and earning income from others whom you help do the same, message me at revfts@usa.net.
FTSiPad

Monday, October 20, 2014

UK Bonds Sold In China's Currency

http://www.thenewamerican.com/economy/item/19321-u-k-sells-bonds-in-china-s-currency-adding-pressure-on-dollar

There is an aggressive effort in play to replace the US Dollar as the global reserve currency.  This is an indication of the progress the Yuan is making in becoming that preferred currency.

Popular U.S. Dollar Is Super-Overbought | Seeking Alpha

Chinese Yuan Penetrates African Markets | Sierra Express Media

http://www.sierraexpressmedia.com/?p=71071

China, BRICS and the Shanghai Cooperation Organization are moving forward with their plans and efforts to replace the US Dollar as the global reserve currency with the Yuan. - FS

U.S. Campaigns Against China’s Plan for International Bank That Could Rival World Bank - AllGov - News

http://www.allgov.com/news/top-stories/us-campaigns-against-chinas-plan-for-international-bank-that-could-rival-the-world-bank-141011?news=854507

The Nations in the East/Far East are eager to throw off the monopoly of the United States. Organizations such as BRICS and the Shanghai Cooperation Organization represent the largest population and trading blocs in the world.

Friday, May 2, 2014

China Poised to Overtake US Economy: World Bank Ranking" - The Economic Times


Click the following to access the shared link:
China poised to overtake US economy: World Bank ranking
China is advancing rapidly to overtake US as biggest economy in the world, with the leader of the world economy losing its top spot to Asian giant.
This article can also be accessed if you copy and paste the entire address below into your web browser.
http://economictimes.indiatimes.com/news/international/business/china-poised-to-overtake-us-economy-world-bank-ranking/articleshow/34433509.cms?intenttarget=no&mailtofriend=yes
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Saturday, January 11, 2014

China Daily: Nation 'Has Surely Landed The Trading Crown'

I saw this story on the CHINA DAILY iOS app and you may read it. Nation 'has surely landed trading crown' http://www.chinadaily.com.cn/china/2014-01/11/content_17229792.htm To learn more about CHINA DAILY, visit: http://t.cn/zjPPvKw

China's global trading clout, currency and ambition will eventually lead to the demise of the Dollar as the preferred global trading currency and an entirely new set of demands not only on our banking but, eventually, also on our methods of self governing.  FS

Sent from my iPad

Friday, January 10, 2014

China Daily: Nation 'Has Surely Landed The Trading Crown'

I saw this story on the CHINA DAILY iOS app and you may read it. Nation 'has surely landed trading crown' http://www.chinadaily.com.cn/china/2014-01/11/content_17229792.htm To learn more about CHINA DAILY, visit: http://t.cn/zjPPvKw


Sent from my iPad

Thursday, November 21, 2013

U.S. Debt Culture and the Dollar's Fate | The National Interest

U.S. Debt Culture and the Dollar's Fate | The National Interest

We are well-past the threshold of 70% debt to our National GDP.  No economy has survived that pushed past this critical point.  At some point, our debt-system must give way to a new method and means of commerce and exchange in order to be viable and solvent in the face of growing economies and currencies such as the Chinese Yuan, the trading bloc of Europe, BRICS, Opec, etc.- FS

China's Planned Crude Oil Futures May Be Priced In Yuan - SHFE | Reuters

China's planned crude oil futures may be priced in yuan - SHFE | Reuters

Opec petro-dollars have historically been the U. S. Dollar - that is, until now.  This represents what could be one of the most serious blows to the destabilizing of the U. S. Dollar and the end of its status as the global reserve currency.

Friday, October 25, 2013

Is US Digging The Dollar's Grave?

http://www.marketoracle.co.uk/Article42760.html

I believe the dollar will not be able to compete with nor compete against the growing, global influence of trading blocs such as BRICS or the nations aligned with the Shanghai Cooperation Organization.  These represent the largest trading bloc in the world and also are being courted by the Chinese Yuan for reserve currency status.

The concept of global commerce through closely aligned nations (such as the European Union, BRICS, etc.) causes the U. S. to be the Lone Ranger who much consider doing the same by aligning with Canada and Mexico in similar trading zones.

Should that be the case, we will eventually have ten, global trading zones/blocs.  Some feel this could be what is referred to in apocalyptic literature as the ten nation Revived Roman Empire.  However, I do not see that as being prophetically accurate.   -  Freddie Steel

Saturday, December 8, 2012

Fed Borrows Nearly $5 Billion Per Day

CBO: Feds Borrowing $4.8 billion Per Day in FY 2013, So Far | CNS News Mobile
After following global market and economy trends for years, I have developed the conviction that the goal, for some, is to run our economy over the fiscal cliff. 
The compromises that stalemated the parties and the White House, are not worth collapsing our economy and driving us over the cliff.  However, it is my conviction that, for some, that is the goal.  I believe it is an intentional effort to force a crisis that leads to a restructuring of powers, currency and national sovereignty - to name a few.
I also believe that 'they' may very well be successful because the real 'culprits' are obscured by the great national passions rising from the auxiliary issues of austerity, etc.  It is kind of like the old saying, 'cutting your nose off to spite your face.'  The smoke of rhetoric rises to obscure something besides the issues being fought in public.  We will want to look beyond the smoke screen to see what, if anything, really is there.

Thursday, December 6, 2012

Shanghai Cooperation Organization Open To India

Ready to join as full member, India tells Shanghai grouping - The Hindu
The reason this article is important is because the SCO is important.  The Shanghai Cooperation Organization represents the largest population demographic and trading bloc in the world.  Originally organized around trade, this group now includes military alignments and has stated, as part of its purpose, to throw off the vulgar control and manipulation of the West.
Additionally, India is one of the first nations to have all of its inhabitants marked and identified electronically.  This is to 'insure that all government benefits can reach everyone.'