What Made Gold Prices Hit An All-Time High Today?
Gold prices hit an all-time high of $2,446 on Monday making it the most profitable asset in the…
China Spends $42 Billion To Save Its Slumping Real Estate Market
China’s real estate sector is facing a crisis as the number of vacant properties is skyrocketing. Unsold inventories…
BRICS: Economist Blames U.S. Government For Inflation
Inflation in the U.S. dramatically grew to 6.5% last year and the Feds initiated interest rate hikes to…
U.S. Stock Market Has Dominated the World For 120 Years
The United Kingdom had the world’s strongest stock market up until the early 1900s. However, at the start…
10 ASEAN Countries To Ditch the U.S. Dollar
The Association of Southeast Asian Nations (ASEAN) countries are looking to promote local currencies for trade and ditch…
BRICS Pays $4,000,000,000 in Local Currency, Sidelines US Dollar
Russia purchased arms manufactured by its BRICS counterpart India by paying $4 billion in local currencies and not…
BRICS: China Dumps The Largest US Treasuries in History
BRICS member China dumped a record number of US treasuries and agency debt bonds worth a staggering $53.3…
Asian Hedge Funds Are Massively Accumulating the U.S. Dollar
A handful of hedge funds in Asia are among the ones that are massively accumulating the U.S. dollar’s…
BRICS: IMF Confirms US Dollar Is in Jeopardy
The International Monetary Fund (IMF) commonly called the World Bank, confirmed that the US dollar is in jeopardy…
Chinese Yuan Climbs 14.70% Against the US Dollar Since 2005
The Chinese yuan is down nearly 1.9% year-to-date against the US dollar in May 2024. However, the yuan…