Tag Archives: China

China and Russia Increase Gold Reserves

The dollar has lost more than 6% of its value over the past two weeks against a basket of global currencies. Global traders are unsettled with the loose monetary policy in the United States. In 2020 the US created approximately 9 trillion dollars out of thin air amid the Coronavirus pandemic. Meanwhile, two key net […]

Stocks Fall, Gold Gains Amid Economic Uncertainty

The US stock markets are deep in the red on Monday as China threatens to begin dumping US Treasury bonds. Economists are warning that the trade wars are threatening dollar dominance. Flooding the market with Treasuries would push down US bond prices and cause the yields to spike. A slight increase in bond rates last […]

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