LATEST NEWS : A Chinese Gold Standard?

While the 70th anniversary of D-Day last month received a lot of attention, another event, in July 1944 — the Bretton Woods conference, named for the mountain resort in New Hampshire where it was held — was perhaps even more significant in shaping the modern world. It not only led to the creation of what are now […]

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China Could Use Gold To Internationalise Yuan

Concerns about high debt and an overvalued currency have driven gold imports into China, according to Lombard Street Research. Lombard added that Chinese authorities could be preparing to use gold in a plan to make the yuan an international currency. China has made progress with the yuan in recent years. The currency – also known […]

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The Last “Hard Money” President

I never met President John F. Kennedy. I was all of 5 years old when the man was elected U.S. president in 1960. I was eight years old when he died in 1963, 50 years ago. I saw President Kennedy one time. It was 1962, I believe. I was about 7 years old. Kennedy was […]

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The beginning of the end for the "petrodollar"?

“Numerous reports point out that Saudi Arabia has been one of the main forces pushing the US for a military intervention in Syria. Prince Bandar bin Sultan, the chief or Saudi intelligence, has offered to pay Washington for all expenses incurred during the intervention and some reports claim that he has threatened Vladimir Putin with […]

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