You Are Here: Home » Posts tagged "china" (Page 3)

New reasons for Fed Taper: central bank buying nearly all govt. debt

One of the greatest signs that a currency stands on the cusp of hyper-inflation is when that nation's central bank is forced to, or is relegated to, buying all of the debt a particular nation is selling.  2013 saw a major shift in the transference of foreigners buying U.S. Treasury debt to now having the Federal Reserve pick up the slack, and by year's end the central bank was purchasing one and half times ...

Read more

U.S. debt shell game continues as EU mops up Chinese dump of Treasuries

In the Western world there is no longer any national sovereignty... there are only central banks.  And in an interesting turn of events that took place in December, the small EU country of Belgium was the small straw that appears to have been mandated to mop up a huge number of U.S. Treasuries that China decided to dump onto the market as pressures in Asia force the world's second largest economy to liquida ...

Read more

Former World Bank economist calls for new global currency and end to the dollar

One of the inevitable consequences of a purely fiat currency is that eventually a central bank will inflate and devalue it out of existence for the country it is used in.  However, when that same currency is the world's reserve currency, then that same inflation can be exported to nearly every nation as they are required to use it for international trade settlement. Which brings up an interesting point made ...

Read more

Gold price manipulation pushes mint supplies to the brink

No matter how much a government or central bank believes they can control every aspect of an economy, the natural laws of supply and demand will always rule markets, even during times of intervention and manipulation.  Since 2011, when the Federal Reserve used their proxy banks like J.P. Morgan Chase and Germany's Deutsche Bank to artificially lower gold prices through massive short selling, the gambit has ...

Read more

Fed tapering beginning to exploit cracks in global financial system

On Jan. 25, trends forecaster Gerald Celente was a guest of King World News to speak on the economy, and the coming financial crises that are just beginning to show themselves in Asia, Europe and the U.S..  During his 15 and half minute interview, Celente pointedly stated that the Fed will have no choice but to taper, and continue to taper well into 2014, and that these actions will cause massive problems f ...

Read more

Jim Willie: China trading Treasury Bonds for U.S. commercial property

Dr. Jim Willie is a statistician from Carnegie Mellon University and one of the leading forecasters of economic trends.  Over the past ten years, Dr. Willie has correctly called 20 different events that include the fall of Lehman Brothers and Fannie Mae three years before the event took place, the bursting of the housing bubble of 2007, and the advent of QE forever by the Federal Reserve. So with his creden ...

Read more

Japanese media escalates war chant as conflict with China to begin in January

As 2013, and the year of the Currency Wars comes to an end, the inevitable escalation for nations who have chosen to go down this path is to eventually engage in hot wars to turn the minds of their people away from their economic problems.  And as China begins to assert themselves all across the globe, both economically and militarily, rhetoric is now coming forth from the Japanese media that an inevitable ...

Read more

Chinese currency moves ahead of Euro in international trade

The Chinese Yuan made a game changing move on Dec. 2 as it surpassed the Euro in international trade and became the second most used currency in global transactions, rivaled only by the U.S. dollar.  Just five years ago, the Yuan had zero presence in international trade finance, but within that time, the currency has skyrocketed in acceptance and is primed to perhaps become the next global reserve currency. ...

Read more

Bitcoin $1000! Digital currency crosses threshold one day before Thanksgiving

On Nov. 27, just one day before America celebrates its annual Thanksgiving holiday, Bitcoin smashed through the $1000 USD barrier to have an inter-day value of $1020 USD.  This steady climb of more than $500 USD since its volatile shakedown one week ago, is continuing to validate the popularity and strength that a stateless digital currency provides. Within the past two days, two major events took place for ...

Read more

China tests a weakened America by setting a no-fly zone over disputed territories

Over the last year, China has maneuvered pawn after pawn against the United States, testing their will, might, and fortitude to stand fast as a global superpower.  On Nov. 24, China increased the tensions by moving an even bigger piece to the front of the board, by declaring a no-fly zone over several disputed islands in the East China Sea. Japan and US are outraged after Beijing has declared eight uninhabi ...

Read more

China markets on verge of bypassing dollar and selling oil futures in Yuan

A little over a year ago, China finalized an agreement with Russia where they would be allowed to purchase as much oil as they desired from the global energy titan, and pay in currencies other than the Petrodollar.  On Nov. 21, the 2nd largest global economy fired a new shot across America's bow, and stands of the precipice of allowing oil to be bought on the futures market in Yuan, creating a direct confli ...

Read more

Bitcoin $400: U.S. government pulling out all stops to protect dying dollar

Unlike fiat currencies, digital currencies like Bitcoin do not conform to 'market hours' in determining their price and value.  Thus the ever growing virtual currency trades 24 hours per day, 7 days a week, and is not limited to central bank authority.  However, due to the increased exposure that Bitcoin is experiencing both in the U.S., and now in Asia, government agencies like DHS and even Congress are de ...

Read more

© 2012 Secrets of the Fed