Category : Change of money
The African Leaders will debate on the integration of the yuan as a Reserve Currency ; the growth of the bitcoin in 2017 is due to the manipulation of the Market ; thanks to the U.S, Russia and China increase their gold Reserves at lower cost.
Countries extract their Gold from American Vaults ; Venezuelan hyperinflation Reaches New Record ; Sino-Russian giant pipeline of 3000 km will be operational for 2019.
The South Korean stock exchange has been hacked which has led to a loss in value of the crypto currency which is now trading around $6647.
The Chinese government makes large efforts to boost his currency as a global currency. After the repression of capital outflows and the devaluation in 2015, the renminbi is growing again.
If the Italian government leaves the euro, it could be the end of the common currency.
China will launch yuan futures on the London metals market in order to impose its currency against the U.S. dollar.
The precious yellow metal drops a little, pressured by increased in the U.S. dollar, but prices still just above the $1,300-an-ounce level to score a gain.
Gold prices are up as new pressures with North Korea have pushed investors into less risky assets.
Recently, gold prices have risen largely due to geopolitical uncertainty, complicated trade negotiations between the United States and China, and the relatively stable dollar.