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...
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...
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...
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...
The Chinese government made the surprise decision today (Tuesday) to devalue the Chinese yuan. It's an action that could have dire consequences...
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...
The U.S. is waging a dangerous financial war with Iran right now.
And if it's not managed carefully, it could embolden the dollar's...
China and the International Monetary Fund (IMF) want a Yuan reserve currency - and are doing everything they can to make it happen.
Their...
The "Red Dragon" is awakening and the Chinese yuan is continuing to threaten U.S. dollar hegemony.
Its modernizing its financial system...
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...
