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    chinese yaun imf

    China's yuan was just awarded reserve currency status. This was the precise event former Wall Street banker Evander Smart warned of in September:

    "If you live in the West, and this goes down, be afraid, be very afraid," Smart wrote in an op-ed for "future of money" site Coin Telegraph on Sept. 10. "The world is starting to prepare for life without the dollar and westerners should, too!"

    Inclusion into the IMF's $280 billion basket of currency reserves alongside the U.S. dollar, the Japanese yen, the British pound, and the euro, becomes official on Nov. 30.

    As an SDR world reserve currency, the Chinese yuan is now legitimized as a serious competitor to the U.S. dollar.

    Here's what you need to know about the Chinese yuan-IMF decision ...

Article Index

U.S. Dollar

A Yuan Reserve Currency Is Coming – Brace for a $2 Trillion Global Disruption


It's almost certain a yuan reserve currency will become reality 11 months from now, triggering a foreign currency shift of as much as $2 trillion - an existential threat to the U.S. dollar's status as the world's primary reserve currency.

Last week, Bloomberg reported that International Monetary Fund (IMF) officials have told Chinese officials that the yuan will join the organization's basket of reserve currencies "soon."

Here's why this will make the yuan a disruptive force...

WARNING: Record Global Sell-Off of U.S. Debt Could Trigger Economic Collapse

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Foreign governments buy U.S. debt because of its status as the world’s reserve currency – the American economy has long been viewed as a safe place to invest.

But that’s all changing now – events that could spark a U.S. economic collapse are already underway…

The Wall Street Journal revealed this week that China – the largest holder of U.S. investments – is ridding itself of its U.S. investments at the fastest rate in history. Central banks in China, Russia, Brazil, and Taiwan are selling U.S. government bonds at such a pace that it’s caused the most dramatic shift in the $12.8 trillion Treasury market since the 2008-2009 financial crisis.

Foreign central bankers’ massive offloading of U.S. debt sends a dangerous signal.

Here’s why…

The Only U.S. Dollar Move That Matters Now

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You might think the U.S. dollar is going to crash. That makes sense as the value of paper currencies continues to be destroyed by central banks trying to reduce their debt.

But the dollar's been getting stronger since 2014. And if it moves up through its next resistance level, it would rock financial markets.

Let me show you how to get this right. Because everything depends on what happens to the dollar.

How You Can Win the Government's War on Cash

Crash_protection man bubble

Most point to the bankruptcy of Lehman Brothers as the main trigger of the 2008 financial crisis.

Perhaps equally as important, but certainly not as well-covered, is what happened the following day...

That's when Reserve Primary Fund, one of the original and largest money market funds, saw its $785 million of Lehman holdings revalued to zero. Naturally, redemptions soared.

The fund's net asset value fell from $1 to $0.97 - a rare case of "breaking the buck," and redemptions were frozen for seven days.

As people ran for the exits from the 2008 meltdown, eventually almost 25% of money market assets sought redemption.

Liquidity instantly went from a waterfall to a trickle, and the financial system was pushed to the precipice.

With the crunch on, cash suddenly became extremely valuable. That was duly noted by central banks the world over. And those frozen redemptions give us some clues as to what lengths the authorities will go in order to achieve their aims; they're more determined than ever to do away with physical cash.

We now have some compelling evidence that central bankers are pushing to eradicate physical cash completely - and it's not for your benefit.

Here's what you need to know, and how to fight back right now...

How to Beat This Market’s “Three Cs” of Risk

Investing Strategies

The last few weeks of trading have been downright rough...

The markets staged a "whistling past the graveyard" rally for a little more than a week after the Aug. 24 crash only to come tumbling down again by 3% on Sept. 1 as nearly every sector was hit.

Robust technical support levels that were years in the making have been snapped like so many little twigs.

Key indicators have all but failed traders who are scrambling to find bottoms to trade off of, and the Chicago Board of Options Exchange Volatility Index (VIX) has been breaking six-year records, topping 53 on Aug. 24 and 30 on Sept. 1.

The sheer breadth of the chaos is matched only by the growing chorus of pundits speculating on the drivers of the chaos.

Let them speculate and fumble around in the dark. What's really rocking this market is what I call the "Three Cs."   

Here they are - plus the two sectors that will rise above it all...

U.S. Dollar Drops as Global Stock Markets Decline

US Dollar

U.S. Dollar Drops Today: The U.S. dollar fell against the yen and euro yesterday, after global markets had another down day.

The Dow Jones Industrial Average was down 114 points Monday and another 400 points early Tuesday. The Stoxx Europe 600 was down 0.4% Monday, while Germany's DAX slipped 1%.

Here’s what’s next for the U.S. dollar…

China's Yuan Reserve Currency Plot to Depose Dollar Dates Back Years

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China has long-planned for a yuan reserve currency to undermine the U.S. dollar.

The People's Bank of China (PBOC) made its first move as far back in 1994 - more than 20 years ago.

And the years of planning have paid off. We're only a year away from a yuan reserve currency now.

Here's why this economic shock will send the U.S. economy into a Great Depression...

Peter Schiff on U.S. Dollar Crisis: "The Dollar Bubble Is Going to Burst"

Stock Market Crash

Peter Schiff, economist, best-selling author, and CEO of Euro Pacific Capital, believes a U.S. dollar crisis is underway.

"The dollar is very overvalued...and the dollar is a bubble," he told Newsmax Prime on Aug. 11. "This dollar bubble is going to burst."

Indeed, two weeks later and Schiff's prediction proved timely. The U.S. dollar index has suffered a fourth-straight loss, and U.S. markets have plummeted in the worst weekly sell-off in four years.

Many blame the surprise yuan devaluation. But Schiff believes investors should be worried about the United States, not China...

Currency Wars: China Now Has Unprecedented Control Over the U.S. Dollar


China fired a shot heard 'round the world Aug. 11, stoking fears of what could become the ugliest of all currency wars. In a surprise move, the country massively devalued the yuan 2% - its biggest one-day devaluation in 20 years.

China's yuan devaluation will have more than just that immediate impact - it gives the country unprecedented, long-term control over the U.S. dollar.

Here's how China has managed to place the U.S. dollar on puppet strings...

[WARNING] China, Russia Create Own Gold Market to Take Down U.S. Dollar


China and Russia have finally had enough of Western central bankers' clandestine gold market manipulation to prop up the U.S. dollar.

F. William Engdahl, an American-German economic researcher and best-selling geopolitical author, was quoted by business blog Sputnik on Aug. 16. He said that Russia, China, and other emerging economies are involved in & the genial move & to establish an entirely different gold market.

& They stand to add to the new energy surrounding a renaissance in gold as a support of solid, well-based currencies to replace the diluted and devalued dollar system...&

Get the full story here...

A Failure of Iran Nuclear Deal Could Upset Global Dollar Hegemony


There's a lot at stake in the recent Iran nuclear deal.

And it's not just about hard feelings or the possibility of Iran attaining nuclear weapons capability.

It has the ability to threaten U.S. dollar supremacy...

How the U.S. Debt Works

U.S. Debt

Policymakers need to start being more honest about how the U.S. debt works.

It's an age-old debate among the members of Congress. How do we cut the budget? How do we reduce the debt?

But that debate is being framed in the wrong way.

Here's what no one in Congress is telling you about how the U.S. debt works...

The End of the Petrodollar Will Slaughter the U.S. Dollar

end of the petrodollar

For the last 15 years, the U.S. dollar has been heading for total destruction due to the end of the petrodollar.

The petrodollar is a system in which every oil export around the world is priced in dollars.

It worked for 40 years – but now it’s one of five “flashpoints” that will trigger economic collapse…

It worked for 40 years - but now it's one of five "flashpoints" that will trigger economic collapse...

Russia's Gold Reserves Are a Growing Threat to the U.S. Dollar

gold reserves

Russia had a rough time in 2014. Crashing oil prices and sanctions from the West caused the ruble to fall 46% to an all-time low of 80 rubles to 1 U.S. dollar. Inflation climbed all the way to 11.4%.

But Russia continued aggressively adding to its gold reserves, despite these challenges and hardships.

Russia's motives and accumulating gold stash could have a devastating effect on the U.S. dollar. Take a look...

The China-IMF Plan for a Yuan Reserve Currency Will Topple the Dollar

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China and the International Monetary Fund (IMF) want a Yuan reserve currency - and are doing everything they can to make it happen.

Their plan is already so far along that the U.S dollar could be on its way out as the world's primary reserve currency as early as October of this year.

Here's why that will create an economic crisis in the United States...