From Dollars to Gold: Bold Move of china to Redefine Global Reserve Strategy

Bold Move of china to Redefine Global Reserve Strategy:China is reshaping its foreign exchange reserve strategy by cutting back on US Treasury holdings and rapidly increasing its gold reserves. This shift highlights a broader global trend toward de-dollarization and a preference for hard assets like gold. From Dollars to Gold: Bold Move of china to …

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Why the Sell America Trade May Be Back On- And What It Means for the Dollar; Here Is What Bank of America Says

Sell America: As global investors grow increasingly cautious about US assets, Bank of America’s latest survey reveals a significant shift away from the dollar and US treasuries. Peter Boockvar explains why central banks are diversifying into gold, how foreign ownership of US debt is shrinking, and whether currencies like the euro and yen are gaining …

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