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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. ...

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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 ...

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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 ...

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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 ...

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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 ...

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Bitcoin may one day be expanded for use on Ebay and on Paypal

Paypal revolutionized the way consumers could buy and sell products and services outside the realm of credit cards and banking services, and in doing so, allows for commerce to take place globally through the medium of the internet.  This new monetary exchange became so successful, that the world's largest auction center (EBAY) purchased Paypal in 2002, and has expanded it to function as an exchange in some ...

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Global financial powers preparing for a ‘de-Americanized’ world

In the latest trend forecast from the Global Europe Anticipation Bulletin (G.E.A.B.), analysts are anticipating the final maneuvers by both the U.S., and the financial powers that oppose them, in preparing for the final stages of a 'de-Americanized' world.  This statement points to the fact that economic powers no longer believe they can work with the U.S. to forge a positive outcome to the world's debt cri ...

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Saudi Arabia moving away from alliance with U.S. as Obama won’t send troops to Syria as mercenaries

The war going on in Syria is not only complex, but has the potential to escalate into a full scale world war due to its strategic necessity to both Russia and Iran.  And it is the triangle of alliances between Europe, the U.S., Israel, and Saudi Arabia, and their policies towards Syria and Iran, that threaten to break down long standing coalitions that have centered around the region for more than 60 years. ...

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China’s takeover of America continues as they purchase JP Morgan HQ and gold vault

It is appearing more than more that the transfer of economic power from the United States to China is coming swifter than anyone suspected.  In a stunning move on Oct. 18, a Chinese conglomerate purchased the Headquarters of Chase Manhattan bank (JP Morgan Chase), and its underground structures that include the world's largest bank vault. China's largest private-owned conglomerate which invests in commoditi ...

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Head of ECB throws dollar under the bus as Draghi supports gold accumulation

Current Federal Reserve Chairman Ben Bernanke famously told former Congressman Ron Paul once that 'gold is not money' during one of the periodic meetings between Congress and the central bank.  That belief by the Fed Chairman is one of the primary reasons why gold paper prices are continuously crushed by central bank shareholders such as JP Morgan, and why most Western central banks lease their physical gol ...

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Senator Schumer stands for his corporate masters over his constituents as shutdown continues

Being a politician in the state of New York means that besides holding an office that represents millions of citizens, it also means that you represent the corporations that make up the greatest financial center in the world.  However for Democratic Senator Chuck Schumer, his primary benefactors are more often than not, the corporate masters who ensure his elections each year, as seen by his statement today ...

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Central bank desperation: India seeks to buy gold from their citizens with depreciating currency

The most precious commodity to India's population of over 1 billion people is, and always has been, physical gold.  Their consumption of the yellow metal has been so great over the past couple of years that in fact, the countries government implemented import quotas on it just a few months ago in an attempt to slow down purchases. However, due to a lack of foresight and bad monetary decisions made by India' ...

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