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The New Gold Rush: Dollar is Down – China Rises Up Investors are rushing into gold and driving down the U.S. dollar. For the first time since the height of the banking crisis, the value of an ounce of gold has topped the psychologically significant ceiling of $1,000. Why the stampede? Investors are losing confidence [...]
Posted by Jim Trippon on Wednesday, September 9, 2009 at 4:40 am
Filed under China Market Commentary · Tagged China Markets, china stock, china stock digest, china stock market, Chinese economic environment, chinese economic expansion, dividend genius, global reserve currency, international monitary authority, Investment China, jim trippon, SDRS, Special Drawing Rights, Special Drawing Rights (SDRs), united nations, US dollar, USD
Why A Strong Dollar Is Good For China’s Economy (Why and how you need to hedge against the greenback) Here’s the latest alarmist headline from TIME Magazine: “Replacing the Dollar: China’s Big Plans for Its Currency” Should investors pay heed? A lot of China watchers have been mystified by Beijing’s complaints about the stability of [...]
Posted by Jim Trippon on Tuesday, July 21, 2009 at 3:51 am
Filed under china economic growth, china stock, china stock market, china stocks, china's economic growth, chinese economy · Tagged China Economy, China Markets, china stock, china stock market, china's economic growth, chinese economy, economy of China, Investment China, People's Bank of China, Special Drawing Rights (SDRs), Zhou Xiaochuan