Global Economics

9 Signs That China Is Making A Move Against The U.S. Dollar

By Michael Snyder, on October 17th, 2013 On the global financial stage, China is playing chess while the U.S. is playing checkers, and the Chinese are now accelerating their long-term plan to dethrone the U.S. dollar.  You see, the truth is that China does not plan to allow the U.S. financial system to dominate the…

European Central Bank Chief Mario Draghi Comments On Gold

Published on Oct 17, 2013
Had the opportunity to ask ECB President Mario Draghi About Recent Gold Reserve Changes By Central Banks! Special Thank You To http://www.goldresourcecorp.com/ Gold Resource Corporation (GORO) for supporting my work!
Full Blog Post: http://bullmarketthinking.com/mario-d…

China To Unleash The Worst Nightmare For The US

On the heels of Washington desperately moving to buy more time to deal with its financial crisis, today Canadian legend John Ing warned King World News that China is preparing to unleash the “worst nightmare” for the United States.  Ing, who has been in the business for 43 years, also stated that the Chinese are about…

China May Seize Control Of Entire US Financial System

Today acclaimed money manager Stephen Leeb stunned King World News when he warned “if the Chinese were ready right now to seize power, they could probably take control of our financial system today.”  Leeb also discussed the frightening implications of this for the United States as well as where the US is headed from here.…

John Williams: Very Serious Trouble in this Next Year – Weaker Dollar and Hyperinflation

Published on Oct 15, 2013

http://usawatchdog.com/early-stages-o… – John Williams of Shadowstats.com predicts, “You’re going to have a dollar panic, but I can’t give you the exact timing on that.” Another potential problem is a credit downgrade of U.S. debt. Williams says, “If we get a downgrade here, that would accelerate the process of the dollar selling and moving us again into the early stages of hyperinflation.” Williams says you can protect your wealth by holding hard assets. Williams goes on to say, “If your assets are denominated in dollars and Treasury bonds, those will become worthless in hyperinflation.” Join Greg Hunter as he goes One-on-One with economist John Williams.

Jim Rogers: US is exceptional…it’s the largest debt nation in the world!

Published on Oct 15, 2013

There may be progress in US over the government shutdown and debt ceiling, but it’s not all good. The deal being talked about now wouldn’t resolve the crisis – but rather kick the can down the road setting the scene for another budget showdown early next year. For more on this RT talks to investor Jim Rogers, author of ‘Street Smarts – Adventures on the Road and in the Markets’.

The sun is setting on dollar supremacy, and with it, American power

A serious alternative to the dollar is still a long way off, but the latest shenanigans on Capitol Hill have given the search for them renewed momentum By Jeremy Warner, Assistant Editor All great empires – from the Greek, to the Roman, the Spanish and the British – have at their heart a dominant means of exchange…

22 Reasons To Be Concerned About The U.S. Economy As We Head Into The Holiday Season

Are we on the verge of another major economic downturn?  In recent weeks, most of the focus has been on our politicians in Washington, but there are lots of other reasons to be deeply alarmed about the economy as well.  Economic confidence is down, retail sales figures are disappointing, job cuts are up, and American…

Historic Events Unfolding As West Becomes More Desperate

With an eerie calmness in global markets, even with the continued chaos in Washington, today a man who has been trading major markets for over four decades told King World News, “Western manipulators are going to be crushed by the growing tidal wave of physical gold demand.”  He also spoke about the incredible and historic…

The US Dollar Is Now Set To Plunge

October 14, 2013 With the US Dollar Index still trading very close to the psychologically key level of 80, today top Citi analyst Tom Fitzpatrick warned King World News that the dollar is now set to plunge.  Below is the timely Fitzpatrick commentary, along with the chart which illustrates the dollar is set to take…

The U.S. Dollars Demise Is a 100% Guarantee. By Gregory Mannarino

Published on Oct 14, 2013

*Bloomberg-U.S. Dollar downgraded:http://www.bloomberg.com/news/2013-10…
*China calls for De-Americanised World:http://www.ibtimes.co.uk/articles/513…
**Check out my website! Click here: http://traderschoice.net

China’s Official Press Agency Calls For New Reserve Currency, And New World Order – ZeroHedge

Submitted by Tyler Durden on 10/13/2013 14:32 -0400 We assume it is a coincidence that on the day in which we demonstrate China’s relentless appetite for gold, driven by what we and many others believe is the country’s desire to have a call option on a gold-backed reserve currency when the time comes, just posted in China’s official press…

The Incredible Destructiveness Of Hyperinflation To A People

Today KWN is pleased to share an absolutely brilliant piece about the incredible destructiveness of hyperinflation from 50-year veteran Art Cashin.  Cashin, Director of Floor Operations at UBS ($650 billion under management), not only writes about the incredible destructiveness of hyperinflation to a country, but also to its people. By Art Cashin Director of Floor Operations…