The Chinese Communist Party (CCP) has recently implemented two reductions in interest rates for U.S. dollar deposits in order to stabilize the exchange rate of the Chinese yuan. Analysts have raised concerns about the rapid depreciation of the yuan, which could lead to an increased outflow of funds from China and potentially heighten the risk…

The ongoing shortage of U.S. dollars in Argentina has reached a new milestone, and officials are taking drastic steps to refill depleted foreign currency coffers. On June 29, Argentina’s Central Bank announced it would allow residents and businesses to hold accounts in China’s RMB yuan. The historic decision marks a departure from using solely the…

As the June 5 deadline for a decision on the U.S. debt ceiling looms, China could gain the upper hand in global influence if the United States defaults on its $31.4 trillion debt. Amid political tensions and struggles for trade dominance, the debt ceiling debate is poised to have a significant impact on the U.S. dollar, both…

Commentary The world is facing a precarious moment in the oil market. The recent decision by OPEC+ to extend production cuts has raised concerns about the potential impact on the global economy. While the move may benefit oil producers in the short term, it may be a misguided action that could also have unintended consequences…

While the media in America has been laser-focused on the arrest and indictment of former President Donald Trump, the rest of the world hasn’t stopped spinning. Instead, many of the United States’ geopolitical rivals are taking this opportunity, while America is distracted, to make their moves. For instance, the BRICS nations (an organization, similar to…

Commentary There has been a lot of worry about the burgeoning partnership between Russia and China. Russia’s economy is very small, and it cannot afford to fight the continuing war in Ukraine. It needs China to help, and China is more than willing to buy energy products from Russia. The trading is being executed in…

On March 29, Brazil’s government announced it would start using local currency and China’s yuan for financial transactions between the two nations. While pragmatic on the surface, some say the move indicates China’s push to end the U.S. dollar’s dominance, particularly in the Americas. The decision occurred in lockstep with Beijing’s increased demand for commodities from the…

China and Russia have been stockpiling massive amounts of physical gold. However, it’s not just Russia and China. Looking across the entire world, it seems like most central banks are in the process of increasing their stockpiles of gold. In fact, according to the World Gold Council, central banks bought a record 399 tons of…

With the Federal Reserve maintaining a hawkish stance, investors have been fleeing toward the safety of cash at a record pace. In the week through Nov. 2, investors poured in $62.1 billion into cash, a note from Bank of America (BofA) said citing EPFR Global Data. Since the beginning of October, fund flows into cash…

Investment manager Brent Johnson caused a stir in 2018 when he published his dollar milkshake theory. He predicted the world would face a major currency crisis but said the U.S. dollar would be the last domino to fall. This was like heresy to those who were predicting the death of the dollar due to rampant…