Category : Change of Money
As the United States continues its economic sanctions around the world, some nations are trying to get rid of the dollar dominance.
Emerging markets are increasingly turning to gold purchases, while reserve currencies such as the U.S. dollar are facing significant challenges.
RBI buys Gold for the First Time in Ten Years; China Sanctioned once again by Donald Trump ; CFTC Sentences BNP to Pay $90 Millions Fine
The Gold Reserves of the National Bank of Kazakhstan hit 321 Tons; Washington Confirms New Tariffs on 16 Billion Dollars on Chinese Imports; Beijing Responds with 25% Tariffs Worth $ 16 billion on American Products.
Russia raises its Gold reserves to New Highs; Venezuela Will Reach an Inflation of 1,000,000%; U.S: Quarterly GDP Growth of 4.1%, the Highest in 4 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 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 choose to invest in Physical Gold ; Russia achieves its goal: OPEC agrees to increase oil production ; Greece benefits from "historic" debt relief agreement.
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 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.