President Xi Jinping told Gulf Arab leaders on Friday that China would work to buy oil and gas in yuan, a move that would support Beijing’s goal to establish its currency internationally.
Newsfeed: China’s Xi Jinping calls for oil trade in yuan at Gulf summit in Riyadh Read More »
The People’s Bank of China has told major state-run banks to prepare to shed dollar holdings while snapping up offshore yuan, which has continued to fall despite prior interventions, sources told Reuters.
On September 12, Russian President Vladimir Putin stated that, given mounting economic sanctions, full “de-dollarization” of the Russian economy is only a matter of time.
Newsfeed: What Does The Yuanization Of The Russian Economy Mean For The Dollar? Read More »
BRICS members call for cross-border payment in BRICS currencies to challenge the U.S. dollar. The BRICS—an acronym for Brazil, Russia, India, China, and South Africa—held a summit on June 23.
Newsfeed: China And Russia Want To Replace US Dollar With BRICS Currencies Read More »
The emerging multi-polar world now includes foreign-exchange markets — as China and Russia, the biggest challengers to U.S. supremacy, boost direct trading between their currencies.
Newsfeed: US Rivals Shunning Dollar Lifts Yuan-Ruble Trading by 1,067% Read More »
The first shipments of Russian coal and crude oil, paid for in yuan, will arrive in China in April and May, respectively.
Newsfeed: China Calls Out U.S. Dollar Dominance As It Buys Russian Coal With Yuan Read More »
The real estate story behind Walt Disney World in Florida has a valuable lesson for investors today … and it’s not what you think. If you’re unfamiliar, Walt Disney decided to create a new and improved East Coast version of his epic California Disneyland. But he needed land … LOTS of it. So he went
From Disney World to Bizarro World … Read More »
We realize it’s only the START of 2019 … But 2019 is the LAST year of the second decade of the 21st century. And with our annual goal setting workshop coming up this weekend, we’re in the mood for thinking ahead. Like a decade ahead. Perhaps you should too … After all, real estate investing is based on long-term
Preparing for the mega-trends of the next decade … Read More »
On March 26th, the Chinese launch their yuan-denominated oil contracts. Is that a big deal? Some people think so. Some say it’s just another incremental step towards a gradual shift in global economic power. Some say it means nothing. Most people have no idea it’s happening … and even if they do, have no idea
China’s ready to launch … Read More »
We’re just two weeks removed from an epic educational and networking experience at the New Orleans Investment Conference. While we were there, we threw a little private party and Robert Kiyosaki, Peter Schiff, Chris Martenson, and Brien Lundin all showed up to hob-nob with our listeners. Very fun. During the conference, Robert Helms emceed a fascinating panel called The Future
A big story keeps getting bigger … Read More »