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Chinese IPO becomes 11th largest company in U.S. on opening day of trading

On Sept. 19, the Chinese version of Amazon.com opened from trading on the NYSE a day after going public in a record setting IPO.  Alibaba, which was built from the ground up by former school teacher Jack Ma, quickly flew from its IPO price of $68 per share to a whopping $92.30 at the time of the opening bell. Closing the day around the same price, Alibaba has a market cap of right around $230 billion, and i ...

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China and Russia complete next major deal to end dollar domination

A few months ago, Russia and China completed a historical energy agreement worth nearly $400 billion that would allow for remittance in either Yuan or the Ruble, and create the first direct blow against petro-dollar hegemony in the 40 years that it has reigned as the global reserve currency. And in light of America's continued efforts to isolate Russia, and attempt to destroy their economy through petty san ...

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Housing growth? Try Chinese takeover of U.S. real estate

The propagandists at the Bureau of Labor Statistics (BLS) and the Federal Reserve would like to make Americans think that the economy is in recovery and that housing prices are rising again because of it.  But this is far from the truth.  In recent studies, over 60% of all home sales are being purchased with cash, and a whopping 80% are being sold sans a mortgage in certain geographical areas.  And with so ...

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Fed (USA) 1 Germany 0: Eurozone leader gives up on getting its gold back from central bank

Under growing public pressures, Germany had called for a repatriation of their offshore gold reserves being held in French, British, and U.S. central banks back in 2012.  However, because the Fed claimed 'logistical' issues in delivering it back to them, the Eurozone leader had to accept a seven year shipping schedule from the U.S. to ever have it returned.. And now, on June 23, Germany suddenly appears to ...

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China forms new trade agreement with Britain outside the dollar

It seems almost to be a daily occurrence now that both Russia and China are finalizing new trade agreements with nations that will facilitate the use of their own currencies in trade settlements, and bypass the dollar system that has stood for more than 40 years.  But on June 19, this trend ratcheted up to a whole new level when China signed a deal with America's biggest ally Britain that will allow direct ...

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Economic sanctions by U.S. will increase flight away from dollar

A week after Russia and China signed off on the world's largest energy deal in history, more Russian companies are seeing the East as the future of business, and this primarily includes trusting in the Renminbi over as the currency of choice. And in a recent report on the shift away from the U.S. and the reserve currency, Russia is using economic sanctions as justification for the move, and are set to incre ...

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Russia adds another feather to its cap in war against the dollar

In the business world, there are three ways to conduct a transaction.  First, there is a negotiated plan where both sides achieve exactly what they want and are happy with the terms of the deal.  Secondly, there are deals that involve one side offering incentives to the other side, giving the second party a short-term advantage in the hopes by the first party that they will win out in the long-term. Then th ...

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U.S. sanction Fail: Russian’s made billions off of Obama’s gambit

Ahhh chess.  It's a game where masters succeed and the amateurs fail.  And for centuries, those who have mastered the ability to think and plan several moves ahead have always been able to transfer those skills into real life situations and are then able to manipulate those who are limited to just reactionary responses. This has been the case between Russia and the United States over the past year, and in p ...

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Russo-Sino relations become one as largest energy deal signed

During the cold war, there was one thing the United States could rely upon as it strove to be the sole defender against global Communism.  That ace in the hole was the fact that the two largest Communist powers could never fully achieve an alliance against the West, and would quite often dedicate energy and resources against one another more than against their true enemy which was the U.S.. However, when Ru ...

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Russia holds meeting to plan for implementation of exports being done in Rubles not dollars

Late last month, a little known meeting took place with Russia's Finance Ministry to discuss the implementation of new export rules that will cut out the U.S. dollar, and increase the use of the Ruble in international settlements.  In addition, two nations, Iran and China, were said to have backed Russia's plan which will soon lead to an increase in global dissension over the reserve currency, and with glob ...

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Rumors circulating that new Eurasian Zone currency will be the gold Altyn

As empires rose and fell throughout the annals of time, one remaining constant seems to always prevail... that being an empire's currency. From ancient Greece, the Drachma is recognized today in books, films, and even by a modern civilization that pines for better days in the wake of economic collapse.  Then there was the famous Roman Denarius, which was segregated in value through the use of different meta ...

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China providing an alternative to Europe for Russian natural gas

Contrary to most government propaganda, nearly all military incursions, as well as global wars, have been waged over the desire to control energy resources.  World War I saw the breakup of the Ottoman Empire, and the colonization of new Arab States to tap into their massive stockpiles of petroleum.  World War II was led by Axis power Japan, who needed to invade and control the Asia to access energy they cou ...

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