Category : Change of Money
Platinum is Trading at its Lowest Level in 14 years
Platinum trades at its lowest level in 14 years a godsend for investors ; Major chinese banks support the yuan by getting rid of the US dollar; Gazprom affirms its leading position in Europe.
Switzerland Chooses Physical Gold over Paper Gold
Switzerland prefers Physical Gold over Paper Gold ; Consumers prices rose with inflation reaching 2% for the first time in six years in the United States ; Russia lodged a complaint with the WTO against US customs duties.
Governments and Investors take Refuge in Physical Gold
Governments and Investors choose to invest in Physical Gold ; Russia achieves its goal: OPEC agrees to increase oil production ; Greece benefits from "historic" debt relief agreement.
Russian Government takes refuge in Physical Gold
Russia is investing in gold after getting rid of its US Treasury bonds ; A South Korean exchange of crypto-currencies has been hacked for 30 million dollars ; The EU taxes US imports at 25%.
The Yuan as Africa's New Reserve Currency
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 Repatriate their Gold from American Safes
Countries extract their Gold from American Vaults ; Venezuelan hyperinflation Reaches New Record ; Sino-Russian giant pipeline of 3000 km will be operational for 2019.
Bitcoin Drops 10%
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 Yuan is On Track to Become a Global Currency
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.
Italy could put an end to the common currency in Europe
If the Italian government leaves the euro, it could be the end of the common currency.
The Yuan Continues its Dollar's Conquest
China will launch yuan futures on the London metals market in order to impose its currency against the U.S. dollar.