Archive for October 2013

Beijing’s Race to Diversify out of US Treasuries: New Agreements would Allow Singapore to become “Leading Offshore Trading Centre” for the Chinese Yuan

Timothy Alexander Guzman, Silent Crow News – China is accelerating the role of the Chinese Yuan with agreements with Singapore that would allow “direct trading between each other’s currency” according to Singapore’s central bank. The Agence-France Presse (AFP) reported that China and Singapore will cooperate on a number of agreements that would boost economic ties… (read more)

Saudi Arabia and U.A.E. Preparing for War with Iran? Major Purchases of “Bunker Buster” Bombs and Missiles from Pentagon

Timothy Alexander Guzman, Silent Crow News – The Pentagon plans to sell $10.8 Billion worth of military weapons to its closest allies in the Middle East besides Israel, Saudi Arabia and the United Arab Emirates (UAE).  Agence France-Presse (AFP) reported that the Pentagon will sell Saudi Arabia and the UAE, two of the worst dictatorships… (read more)

China should Reduce its Holdings of US Treasuries, Diversify its Reserves, “There are Alternatives to Investing in the US Dollar”, Chinese Economist

Timothy Alexander Guzman, Silent Crow News – The US political crises and its Debt limit problem is a warning sign for China over its $1+Trillion it holds in US treasuries.  Although the crisis is temporarily resolved until January, uncertainties will still remain.  Before a deal was reached on Wednesday, Chinadaily.com reported that  “Even if the… (read more)

Has the US Dollar Lost its Credibility? Legitimate Concerns for the World’s “Reserve” Currency

Timothy Alexander Guzman, Silent Crow News – The confidence in the US dollar as the world’s reserve currency since the US government shutdown has continued its rapid decline.  On October 14th, started the third week of a US government shutdown reported that the US dollar fell against the Euro.  A deal involving a spending bill… (read more)

Obama says Iran’s Capability to Develop Nuclear Weapons is a “Year or More Away”, Disregarding US Intelligence Assessments

Timothy Alexander Guzman, Silent Crow News – US President was recently interviewed by the Associated Press (AP) on a number of issues including the US government shutdown and his recent discussion with Iran’s new President, Hassan Rouhani.  President Obama was asked about his conversation with Rouhani and how he perceives Iran’s new leadership role.  Obama… (read more)