January 30, 2010 · 5 comments
in BRIC, China, G20, G8, GDP, India, OPEC, US debt, US dollar, capitalism, currencies, emerging markets, exchange rates, foreign investment, forex, gold, government, international economy, international stock market, market trends, oil, wealth, wealth protection, wealth transfer, world order, world reserve currency
With the phenomenal growth in sovereign wealth funds over the past thirty or so years – but especially in the last ten – it’s good to stop and take a look at where this new investment phenomenon is at today in 2010.
Here’s a list of the current top 10 sovereign wealth funds around the world.* [...]
January 25, 2010 · 5 comments
in Asia, China, G20, Latin America, US economy, capitalism, central banks, economics, economy, emerging markets, foreign investment, future, international economy, politics, preparedness, protectionism, reviews, wealth transfer, world order
As soon as I saw this title on the bookshelf, it caught my eye. Since I’ve been trying to curb my spending, I just skimmed it and put it back. Well, I returned a week later and decided to buy it after skimming it again.
I’m not finished with the book yet (although it’s just a [...]
January 4, 2010 · 5 comments
in China, Federal Reserve, GDP, US Treasury, US debt, US dollar, central banks, currencies, debt, deficits, hyperinflation, interest rates, international economy, money supply, wealth transfer, world reserve currency
Aside from American financial institutions and the Fed (the buyer of last resort), the largest buyers of US Treasuries and notes are all Asian countries. You can probably guess which ones.
#1 – China
.
China, more than anyone, is probably most concerned with the value of the US dollar and the stability of their US dollar investments. [...]
November 27, 2009 · 8 comments
in US Treasury, US dollar, central banks, commodities, currencies, foreign investment, forex, gold, hyperinflation, inflation, international economy, mining, precious metals, resources, wealth protection, world reserve currency
A gold tsunami is at our doorstep. It’s not about a bubble, trade or even a wall of fear. It might be partly some of each of those things, but that’s because it’s much, much bigger than each of those things. And I’m no gold bug – nor do I keep a cabin hideaway full [...]
Each month, the US Treasury holds a week-long auction of US notes and bonds to foreign investors and the Fed. In the past two years alone, there has been a record increase in monthly amounts of debt auctions from $18 billion to $44 billion a month. But this is still nothing compared to this week’s [...]
October 8, 2009 · 2 comments
in US debt, US dollar, central banks, currencies, forex, gold, hyperinflation, inflation, international economy, money supply, precious metals, world reserve currency
Gold has broke through some of its all-time highs today, October 7, 2009, reaching as much as $1043/oz. But that is not the end of the excitement for all the gold bugs and other lovers and investors in the yellow metal. Gold might be making a comeback as a contender for one of several currencies [...]
August 18, 2009 · 6 comments
in BNN, Canadian economy, China, VIX volatility, economy, indexes, international economy, investing, market reports, recession, seasonal investing
Yesterday, August 17, 2009, China’s Shanghai Index posted the single biggest one-day loss so far for 2009 (and in fact since November 2008), dropping about 6% on concerns about the resiliency of China’s GDP numbers and consumer activity going forward.
Global Markets Sell-Off
This was the catalyst that sent oil down below $66 from a stable two-week [...]