Viewing articles by Jim Sinclair

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RMB developing quickly as major world currency Updated: 2014-07-21 07:21 By Jiang Xueqing (China Daily USA) The renminbi is on track to become the third-largest international currency behind the US dollar and the euro within five years as China accelerates its promotion of the yuan, said a Renmin University of China report released on Sunday…. Read more »

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US dollar clearing rules make gold the new green By John Dizard The world is finding ways to get along without the currency after punitive actions by the US Thanks to what one (non-banker) friend of mine calls the “dangerously stupid” punitive actions and fines levied on banks using the international dollar clearing system by… Read more »

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What Happened to the Malaysian Airliner? Paul Craig Roberts Washington’s propaganda machine is in such high gear that we are in danger of losing the facts that we do have. One fact is that the separatists do not have the expensive Buk anti-aircraft missile system or the trained personnel to operate it. Another fact is… Read more »

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China tells U.S. to stay out of South China Seas dispute By Ben Blanchard BEIJING Tue Jul 15, 2014 2:54am EDT (Reuters) – China told the United States on Tuesday to stay out of disputes over the South China Sea and leave countries in the region to resolve problems themselves, after Washington said it wanted… Read more »

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Incubating a non-dollar architecture The launch of the BRICS bank can now give the member countries confidence to experiment with other geoeconomic ambitions. Incubating a non-dollar financial architecture can be the next goal. There are existing models to build upon but India will need smart economic diplomacy to secure its interests BY Akshay Mathur HEAD… Read more »

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Dear Mr. Sinclair, Lest anyone doubt the future of the dollar. How true that a picture is worth a thousand words. Thanks for all that you do. Regards, CIGA Tom BRICS bank to be headquartered in Shanghai Updated: 2014-07-16 02:33 FORTALEZA, Brazil – The emerging-market bloc of BRICS on Tuesday announced plans to establish a… Read more »

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Housing Starts Tumble, Miss Most Since January 2007; Permits Have Biggest Two-Month Plunge Since Lehman Tyler Durden on 07/17/2014 08:55 -0400 "Epic disaster." Those two words best explain what just happened with US housing starts and permits in June. Those who want a slightly more detailed narrative of what the Department of Commerce just reported… Read more »

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Jim, The frequency of the term Bail-In and Resolution has increased on the Canadian news wires as of late. Canada, It’s coming, and coming fast! Excerpt: "The CBIA also wrote authorities including Finance Minister Joseph Oliver and Bank of Canada Governor Stephen Poloz to ask that more clarity be provided on the “bail-in framework” that… Read more »