According to the Bundesbank, Germany has repatriated about 1,710 tons or more than half of its gold reserves sooner than planned. The size of its reserves ranks second in the world. Germany has brought home 50.6% of its overseas gold reserves, which is about 1710 tons of yellow metal. This successful operation was reported by…
What is the purpose of money? Where does it come from? Inequality generates trade and specialisation creates the need for money . A good money is widely marketable and must function as a genuine store of value, thus paper money should be consigned to the board game Monopoly. Inequality Leads To Trade In a state…
China is currently modifying the terms of its oil trade with Saudi Arabia. Specifically, China is working on a deal to pay for Saudi oil using Chinese yuan. This effort poses a direct threat to the security of the dollar. If this China-Saudi deal happens — yuan for oil — it’s another step closer to…
Over the past few years, I have made a number of accurate predictions with respect to the global asset markets and economy. The advantage I have over others is that I understand the conspiracy for world government and how the globalists have worked to gain control of the global economy and financial system. I refer…
If nothing else, the Chinese have a sense of history and destiny. They have had a glorious past, stretching back millennia, and once controlled most of the Asian heartland in the days of Genghis and Kublai Khan. But even then, China was essentially inward-looking, protecting her own cultural values. Trade with Europeans in the centuries…
America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at North Korea, Syria and possibly Iran. This is likely to be the opinion of China’s strategic advisers. We analyse the geopolitics and economics behind America’s war strategy from China’s perspective, concluding that it is entering its…
