Is the Yuan Set To Replace the Dollar as the Next Dominant Global Reserve Currency?
China attracted global attention in March of 2009, when the People’s Bank of China published an essay written by Zhou…
Tag: Yuan
The Die Is Cast!
Now that the Chinese Yuan has officially been added to the International Monetary Fund’s basket of global reserve currencies with…
Nervous Is The New Normal!
If you’re an investor and today’s market doesn’t make you nervous, then either you’ve got nerves of steel or you’re…
Ineffective Fed Needs to Advertise For A McGyver
After more than six years and in the face of abject failure, the Fed continues its hawkish talk. After once…
President Obama Says Chinese Yuan Still Overvalued
November 15, 2010, Los Angeles – Gold bullion prices slid to $1,368.60 an ounce on Friday as Silver followed Gold…