Tag Archives: foreign

Iran joins a growing list of countries which have ditched the US Dollar in its foreign trade.

Click here to read an article discussing how Iran has joined a number of other countries which no longer use the US dollar for their foreign trade.  For a long time the US dollar has been used as a reserve … Continue reading

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China makes huge announcement strongly implying that it will stop accumulating US dollars. US media remains silent.

China announced that it was no longer in its interest to accumulate foreign exchange reserves (which are mostly US dollars).  This implies that it will stop stockpiling US dollars and it may also imply that it will stop buying US … Continue reading

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