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China overtakes the U.S. as most competitive global economy

In their annual ranking for most competitive global economies, IMD announced on May 30 that China's Hong Kong sector surpassed the United States on the list to move into the number one spot for 2016. The U.S. had been number one of the rankings scale for the past three years, but massive regulation, higher taxes, declining infrastructures, and moves towards closed trade (TPP, TPIP) led to their dip down to ...

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World’s largest banking center isn’t in the U.S. or Europe, but in China

A new report came out on the recent rankings from S&P Global Market Intelligence that shows that China not only has the world's largest individual bank, but with four of the top 10 financial institutions on the list they are also the world's largest banking center. The U.S. came in with only two banks in the top 10. What is also interesting is that China is considered the world's largest production econ ...

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As Brexit vote draws near, London moving closer to China and to gold

The British people and the politicians who realize that their future no longer lies in the continental takeover that is the European Union also are beginning to see that their future may not lie in dollar hegemony, or a U.S. controlled monetary system.  This is because more and more they are coming to grips that the next arbiter of global monetary policy will probably come from China, and not the dying West ...

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Hong Kong gold exchange expanding into Chinese free trade zones

With the establishment of a new gold price mechanism at the Shanghai Gold Exchange earlier this week, the wheels are now being set in motion for expanding the use of gold and gold services throughout every part of China's dominion.  And on April 24, the Hong Kong gold exchange teamed up with the world's second largest bank, the Industrial and Commercial Bank of China (ICBC), to launch physical gold exchange ...

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Gold and silver prices spot prices soar after China officially begins new gold pricing at SGE

The day that many precious metal owners has been waiting for has arrived, and so far it has not disappointed.  On April 19 the Shanghai Gold Exchange officially began their new Yuan denominated price discovery, opening the door for the battle over control of gold and silver prices in the physical markets. In reaction to this, the Comex spot prices for gold and silver rocketed upwards, with the yellow metal ...

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U.S. becoming desperate to hold on to their power over global financial system

Empires and the elite never relinquish power easily, and are often willing to cause extreme harm to the system itself to try to hold onto their control.  And while we have seen this exhibited over the past few years in the form of economic sanctions (Russia), tariffs (China), sovereign overthrows (Libya, Syria, Ukraine), and secret trade agreements (TPP, TTIP), the fact of the matter is the world is in cycl ...

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Asia’s three largest economies in talks for a massive free trade agreement

This week, Asia's three largest economies (China, South Korea, and Japan) will be holding high level talks to forge a new free trade agreement that will help spearhead competition and strength in the Asean theater.  In fact, this is the 10th round of talks between the three member states, and it comes with the potential for these long-standing adversaries to bypass political issues in favor of economic coop ...

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Long-standing U.S. ally Israel moves into China’s camp for free trade agreements

As the U.S. spins draconian trade agreements into Orwellian 'free trade' rhetoric, China continues to attract countries from around the world who are no longer enamored by dollar hegemony, and secret deals such as the TPP and TTIP.  And now joining in this conversion from West to East is long-standing U.S. ally Israel, who is finding the political winds of Middle Eastern foreign policy directed squarely aga ...

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Foreigners dump dollars in January at the highest rate on record

From August of last year through December, foreigners dumped more than $550 billion in dollar based assets as the demise of the petrodollar in global trade continues to expand.  And as we begin 2016, a new report out for January shows that more treasuries were dumped in that month alone than in any month on record. The previous high of $48.1 billion in treasuries sent back to the U.S. was shattered in Janua ...

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New Gallup Poll shows most Americans feel China a more powerful economy than the U.S.

There is a reason why Presidential candidates like Donald Trump and Bernie Sanders are making powerful strides in the 2016 election cycle, and it is something that the mainstream fails to recognize.  And despite all the rhetoric and false data used over and over to tell the American people how good and strong their economy is, average citizens are rejecting this propaganda and making their views known in ma ...

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China to buy Chicago Stock Exchange

As the U.S. continues to lose infrastructure and other assets to foreigners holding trillions in dollar reserves, some of the most significant transfers are now occurring in the financial sector.  A few years back, Russia purchased Morgan Stanley's oil trade desk which provided them significant leverage in the global petrodollar system, and in the same year China purchased J.P. Morgan's headquarter building ...

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Removal of sanctions on Iran have suddenly made the Middle Eastern economy the new frontier

The nation of Iran has waited close to a decade to remove their U.S. imposed shackles and break out of sanctions that forced the oil producer to seek revenues from black market mechanisms.  But in just a few short months since Washington signed an agreement with Tehran to have their sanctions lifted, they are suddenly being courted by countries desperate to find a new market for their exports. And like Afri ...

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