yuan
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China’s Yuan Breaks the 7 to $1 Band–The Global Currency War Has Begun
Over this weekend, China’s Yuan currency broke out of its band and devalued to more than 7 to $1. At the same time China announced it would not purchase more US agricultural goods. The Trump-US Neocon trade strategy has just imploded. As this writer has been predicting, the threshold has now been passed, from a… Continue reading
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On the «bombshell» dropped by China on 20 November 2013 (II) By Valentin Katasonov
The possible repercussions of «liberating» the yuan. We, however, are not going to put a lid on it as the Chinese liberals would like to do, but are going to continue examining the chain of cause and effect: Continue reading
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On the «bombshell» dropped by China on 20 November 2013 (I) By Valentin Katasonov
Since 21 November, an article by well-known financial analyst and blogger Michael Snyder under the headline «China announces that it is going to stop stockpiling US dollars» has spread through the media like wildfire. Continue reading
The New Dark Age 