China Gets Reserve Currency Status
There is a lot of buzz about the IMF Granting China Reserve Currency Status at their October 20th meeting. this could adversely affect the strength of the U. S. Dollar and the U. S. Dollar. I suggest you follow Jim Rickards blog to keep up with this assertion. If you do not know Jim Rickards, he is the asymmetric threats guy who works for the CIA and our government and has written “Currency Wars” and “The Death of Money”, two excellent books I highly recommend you read.