China's political and economic presence surges daily. Lockstep with that surge is the growing significance of its currency.
Along with China's emergence as the world's second-largest economy, its yuan recently displaced the euro and became the second-most used currency for international trade.
Chinese leaders are intent on internationalizing their currency by growing its acceptance, perhaps even challenging the U.S. dollar as the new reserve currency, a trend I've highlighted here before.
To reach that goal, new...
Why the Winklevoss Bitcoin ETF Is a Game-Changer
Investing in Bitcoin isn't as easy as investing in stocks - right now.
But the arrival of the Winklevoss Bitcoin ETF - an exchange-traded fund developed by twins Cameron and Tyler Winklevoss - will change...
Here's how it will work...
The Golden Yuan Is Coming – Here's How to Play It
The U.S. dollar has been the world's de facto reserve currency for almost 90 years.
But this financial dominance may be nearing its end.
In recent years, China's been floating the idea the yuan should take on the dollar's role as the world's reserve currency.
In fact, the Chinese have already negotiated numerous bilateral trade deals that completely bypass it.
And they've even called for efforts to "de-Americanize" the global economy.
Whatever happens, China's economic rise foreshadows increased...
Time to Buy These "Out of Print" Assets
From the Editor: We've been tracking this threat for years, ever since Keith Fitz-Gerald brought it to your attention back in January 2010. Today, Resources Specialist Peter Krauth weighs in on some recent developments in this story, because three of the commodities he covers can protect you. The Fed can't print these things... Here's Peter.
Central banks may have foolish policies, but central bankers are no...
And now you'll need to...
The Best Currencies to Invest in for 2013
Currency markets in the first half of 2013 have been roiled by central bankers' delusional efforts to prop up their lackluster economies.
That means the best currencies to invest in for 2013 - or, the remainder of the year - will be in Asia and Canada - countries where the governments have refused to engage in debasing their currencies in a "
How to Profit From the Currency War
If you want to know how to profit from the currency war, just look to Japan.
That's because Japan's aggressive move to cheapen the yen in order to stimulate its own economy is working.
Why Your Financial Future Will Be Built Upon the Chinese Yuan
If you have any illusions, put them aside now. It's the Yuan's world - the West is just living in it, or borrowing from it as the case may be.
Demand for the Yuan is growing at such a staggering rate that your financial future will be built upon it.
Admittedly, this is a very tough concept for most people to wrap their minds around. It's tough to lose "your" spot at the top and it's even tougher to know you're losing it and not be able to do anything about it because the leaders who are responsible for maintaining...
Is Japan About to Fire the First Shots in a 1930s Style Currency War?
Chances are you've heard about the so-called "race to the bottom" in which various industrialized nations are gradually allowing their currencies to depreciate in an attempt to maintain competitive parity.
Forget about it...the real risk right now is an all-out 1930s-style currency war. I know it's not front-page news yet, but I have a sneaking suspicion it will be shortly.
It's going to blindside Washington and most of Europe, where central bankers, politicians, and more than a few economists fail to recognize...
Here's the Surprising Winner of the Currency Wars
It's war by other means. With the Bank of Japan now buying government bonds and targeting an inflation rate of 2%, a global race to the bottom is on again.
Along with the Fed's commitment to "quantitative easing" and the ECB's promise to buy dodgy Mediterranean economies' bonds, Japan's latest move has sparked new fears of a currency war.
Like any other war, this one won't end well, either.
In fact, this same scenario played out in the 1930s, and the chances of another nasty outcome are quite high....
Can the U.S Economy "de-couple" from the Eurozone Debt Crisis?
As the Eurozone teeters on the edge of a breakup, it begs the question: Can the U.S economy "de-couple" from the Eurozone debt crisis?
Ultimately, the answer comes down to fate of the euro. It's the linchpin to everything.
From the point of view of one who has travelled fairly frequently in the