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First the S&P Warning, Now China to Dump U.S. Treasuries

The financial alarm bells are beginning to ring loud and clear. The world is waking up to the fate of the U.S. dollar and is rapidly losing their appetite for the once-mighty currency. This has very ominous implications for the future of the United States, a nation that must borrow around $1.5 Trillion per [...]

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IMF Gold Sales, Fed Rate Hike, China, Soros and Inflation

Investors completely shrugged off news of the IMF gold sales as the price advanced $20 following the announcement. There are questions as to whether the IMF actually has physical gold to sell and there is historic correlation of gold going up after such announcements, not down as many would anticipate. GATA wrote about why [...]

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