Introduction In this article, we will explore the potential consequences of a scenario in which the US dollar experiences a collapse. It’s crucial to understand the possible implications, especially for countries like the UK that hold the 3rd largest dollar reserves in the world. We will discuss how the devaluation of the US dollar would […]
A Gold Standard: What It Looked Like, How It Worked, and Why It Failed
What did the world look like under a gold standard, how did it work, and why did it fail? The Gold Standard of 1871-1914: Gold provided an internationally valid unit of account and medium of payment. The outstanding feature of the period was the unity of the economic world, which has not been achieved at […]
China Sells U.S. Debt to Buy Gold replacing dollars
Introduction China’s decision to sell U.S. debt and invest in gold has generated significant interest and raised numerous questions about the potential implications for both countries and the global economy. This article explores the motivations behind China’s actions, the impact on the U.S. economy, and the potential consequences of this strategic shift. By examining the […]
The BRICs Go For Gold
Gold has always been a symbol of wealth and prosperity, and over the years, it has played a significant role in the global economy. In recent times, the BRIC countries, comprising Brazil, Russia, India, and China, have emerged as key players in the gold market. These countries are not only significant consumers of gold but […]
US Prepares For China Debt Dump Disaster – Dollar In Peril
Introduction In this comprehensive article, we delve into the potential ramifications of a China debt dump disaster on the United States economy and the stability of the dollar. With recent developments in the global financial landscape, it is crucial to understand the potential risks and implications of such an event. Join us as we explore […]
The BIG secret Central Banks worldwide won’t tell you.
Yet it’s no secret that central banks around the world are buying up gold like its going out of fashion.. In the first three months of the year, central banks bought a combined 228 tonnes, the most ever seen in a first quarter, World Gold Council data revealed. This follows up on what was already […]