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De-Dollarization Accelerates: Russia Launches SWIFT-Alternative Linking 91 Entities

De-Dollarization Accelerates: Russia Launches SWIFT-Alternative Linking 91 Entities Back in 2013, The NSA was first exposed for secretly ‘monitoring’ the SWIFT payments flows. This appears to have been among the last straws for Russia (and others) as far as both NSA spying and dollar domination. Last year, following threats to remove Russia from SWIFT by the UK, (which SWIFT […]

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“De-Dollarization” Deepens: Russia Buys Most Gold In Six Months, Continues Selling US Treasuries

“De-Dollarization” Deepens: Russia Buys Most Gold In Six Months, Continues Selling US Treasuries The rumors of Russia selling its gold reserves, it is now clear, were greatly exaggerated as not only did Putin not sell, Russian gold reserves rose by their largest amount in six months in December to just over $46 billion (near the highest since […]

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Petrodollar Panic? China Signs Currency Swap Deal With Qatar & Canada | Zero Hedge

Petrodollar Panic? China Signs Currency Swap Deal With Qatar & Canada | Zero Hedge. The march of global de-dollarization continues. In the last few days, China has signed direct currency agreements with Canada becoming North America’s first offshore RMB hub, which CBC reports analysts suggest “could double maybe even triple the level of Canadian trade between Canada and China,” […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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