Do the Reserves of a Nation Matter Anymore?

The goldbugs spun the tail that China was going to save them by making gold $50,000-$100,000 an ounce because money, in their minds, has to be tangible. However, China’s $3 trillion-plus in foreign currency reserves was the biggest stockpile in … Continue reading →

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Market Talk – May 13, 2024

May 13, 2024
ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 49.65 points or -0.13% to 38,179.46 Shanghai decreased 6.53 points or -0.21% to 3,148.02 Hang [...]
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