China Moving Closer to Taking the Yuan International
China’s move to create a yuan based contract for gold was portrayed by the gold promoters cheering this as their savior, but for all the hype, the mere fact that gold will trade in yuan was neither...
View ArticleIMF says Yuan is not Ready for Prime Time
The IMF has taken the position that it should put off any move to add the yuan to its Special Drawing Rights currency basket until September 2016. This seems to be political rather than economic. Then...
View ArticleChina Devalues Yuan — Why?
China devalued the yuan in what many think was a surprise move. What they do not understand is that this move is more than trying to firm up exports; this devaluation has a similar impact to raising...
View ArticleChina & the Dollar
The dollar rally and the devaluation of the yuan is not a fluke and it most certainly is not a one-time event. The dollar declined against the yuan for 19 years during the same timing that saw gold...
View ArticleChina Devalued the Yuan to it in Line with Technicals
Confusion hits the markets as stocks, currencies, and commodities fall sharply across the region as investors fear a stalling Chinese economy and possible currency war despite Beijing’s assurances. We...
View ArticleChina & Gold
The gold promoters are trying to claim that China is understating its gold reserves because it is trying to confuse the markets about their clear ambitions to make the yuan a world reserve currency to...
View ArticleThe Flight to Quality – Right on Target
China’s devaluation of the yuan has helped to complete the cycle for the bubble in government. One of the major repercussions of the turmoil caused by China’s currency move has been that investors are...
View ArticleEverything is Connected
QUESTION: Your launching of Socrates, coincident almost with a major change coming our way. All things are connected, and maybe the launching of Socrates is inevitable and factored in, as they say. But...
View ArticleCurrency Pegs & their Risks
The devaluation of the Chinese renminbi (yuan) raises serious implications both economically and politically. The mere fact that a peg exists allows for political criticism, as if this were some...
View ArticleYuan to Be Added to SDR at the IMF
QUESTION: Mr. Armstrong; If I understand you correctly, should the IMF accept the yuan as a reserve currency, this will have zero impact other than political. Correct? RH ANSWER: Correct. The IMF will...
View ArticleChina Shuts Down FOREX at Foreign Banks to Try to Stop Dollar Rise
China has suspended FOREX business at three main foreign banks for the first quarter of 2016 in an effort to curb the outflow of capital into the rising dollar. This is an interesting attempt to curb...
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IMF says Yuan is not Ready for Prime Time
The IMF has taken the position that it should put off any move to add the yuan to its Special Drawing Rights currency basket until September 2016. This seems to be political rather than economic. Then...
View ArticleClik here to view.
China Devalues Yuan — Why?
China devalued the yuan in what many think was a surprise move. What they do not understand is that this move is more than trying to firm up exports; this devaluation has a similar impact to raising...
View ArticleClik here to view.
China & the Dollar
The dollar rally and the devaluation of the yuan is not a fluke and it most certainly is not a one-time event. The dollar declined against the yuan for 19 years during the same timing that saw gold...
View ArticleClik here to view.
China Devalued the Yuan to it in Line with Technicals
Confusion hits the markets as stocks, currencies, and commodities fall sharply across the region as investors fear a stalling Chinese economy and possible currency war despite Beijing’s assurances. We...
View ArticleClik here to view.
China & Gold
The gold promoters are trying to claim that China is understating its gold reserves because it is trying to confuse the markets about their clear ambitions to make the yuan a world reserve currency to...
View ArticleClik here to view.
The Flight to Quality – Right on Target
China’s devaluation of the yuan has helped to complete the cycle for the bubble in government. One of the major repercussions of the turmoil caused by China’s currency move has been that investors are...
View ArticleClik here to view.
Everything is Connected
QUESTION: Your launching of Socrates, coincident almost with a major change coming our way. All things are connected, and maybe the launching of Socrates is inevitable and factored in, as they say....
View ArticleClik here to view.
Currency Pegs & their Risks
The devaluation of the Chinese renminbi (yuan) raises serious implications both economically and politically. The mere fact that a peg exists allows for political criticism, as if this were some...
View ArticleClik here to view.
Yuan to Be Added to SDR at the IMF
QUESTION: Mr. Armstrong; If I understand you correctly, should the IMF accept the yuan as a reserve currency, this will have zero impact other than political. Correct? RH ANSWER: Correct. The IMF will...
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