Russians and Chinese are ditching the dollar as Europeans start using renminbi in their reserves

At present, US dollar accounts for roughly 61% of the world’s foreign exchange reserves. It’s still a safe bet for most, not because the currency is actually strong, but because so many others are already so reliant on it. Between…

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The Next ‘Nail In The Coffin’ For The US Dollar

Several months ago, when Russia announced the much anticipated “Holy Grail” energy deal with China, some were disappointed that despite this symbolic agreement meant to break the petrodollar’s stranglehold on the rest of the world, neither Russia nor China announced payment terms…

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One Of The Boldest Contrarian Calls This Advisor Has Ever Made

You don’t have to be a contrarian to have investment success, but it certainly helps From 2005 through 2007 — when it was fashionable to invest in real estate — the reality was that real estate was the last place…

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Investors Place Their Bets on Russia’s Fate

Tensions between Russia and other major world powers just went into overdrive. As I mentioned on Tuesday, Russia’s ability to survive independently makes it essentially impervious. Well, the country is beginning to prove it. In response to recent sanctions, Russia announced…

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A New, Scary & Unintended Threat To The Dollar We Should Take Very Seriously

The US government’s decision to apply more sanctions on Russia is a grave mistake and will only escalate an already tense situation, ultimately harming the US economy itself. While the effect of sanctions on the dollar may not be appreciated…

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14 Reasons Obama Is Lying When He Claims The World Is ‘More Stable’ And ‘Less Violent’ Than Ever

With a straight face, Barack Obama has been repeatedly telling us that the world is “more stable” and “less violent” than ever.  In fact, he believes that this is the best time in history to be alive because of how…

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12 Numbers That Should Be Burned Into Your Brain

The numbers that you are about to see are likely to shock you.  They prove that the global financial Ponzi scheme is far more extensive than most people would ever dare to imagine.  As you will see below, the total…

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Russia Is Doing It – Russia Is Actually Abandoning The Dollar

The Russians are actually making a move against the petrodollar.  It appears that they are quite serious about their de-dollarizationstrategy.  The largest natural gas producer on the planet, Gazprom, has signed agreements with some of their biggest customers to switch payments…

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Who Needs The United States? Not These Guys

Russia and China have just signed what is being called “the gas deal of the century”, and the two countries are discussing moving away from the U.S. dollar and using their own currencies to trade with one another.  This has…

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Russia Is On The Verge Of Dealing A Massive Blow To The Petrodollar

Is the petrodollar monopoly about to be shattered?  When U.S. politicians started slapping economic sanctions on Russia, they probably never even imagined that there might be serious consequences for the United States.  But now the Russian media is reporting that…

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