Socio-Economics History Blog

Socio-Economics & History Commentary

China, Russia And Iran Are Dumping The Dollar And Increasing Gold Purchases

  • Published on Feb 9, 2017
    Initial jobless claims plunge to 44 year lows as continuing claims surge. Americans haven’t been this positive since 2007 and we know what happened in 2008. Coca-Cola and Kellogg’s are seeing declining revenue and are ready to close manufacturing plants.Wages don’t drop like this unless we are headed into a recession.Deutsche banks says we are near the end. China, Russia and Iran are dumping the dollar and Treasuries and purchasing gold, bye, bye petro-dollar.

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February 10, 2017 - Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , ,

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