Two major new stories hit the wire this week. Both stories are about activities from China that could threaten United States markets and treasuries. Last week, the US Treasury Department released pertinent data showing that China sold more of their US Treasuries in May. Their total US Treasuries holdings are now the least they’ve been…
Is there an impending dollar crisis on the horizon? Many financial insiders including Peter Schiff believe that trouble is on the way. They’ve recognized evidence of the potential dollar crash based on events taking place in the global financial markets. They also see other countries like China and Russia taking steps to protect themselves against…
The Chinese Premier Li Keqiang made an uncommon and to some degree frightening affirmation this previous week. He conceded that the Chinese government should bolster the economy as new weights to national development rise. The interpretation is that all is a long way from well with China monetarily. In this opening of the Chinese congress…