China Insider: Defense Bill Orders U.S. Treasury to Probe Chinese Money Laundering

The U.S. Treasury Department will investigate the risks posed by China’s money laundering and develop a strategy to defend against it, as required by the National Defense Authorization Act of…

Continue Reading China Insider: Defense Bill Orders U.S. Treasury to Probe Chinese Money Laundering

Russia for First Time Holds More Gold Than US Dollars in $583 Billion Reserves

For the first time ever, Russia holds more gold than US dollars. According to a Central Bank of Russia report published this week and analyzed by Bloomberg, gold made up 23% of the Central…

Continue Reading Russia for First Time Holds More Gold Than US Dollars in $583 Billion Reserves

Big names in the world of finance are beginning to call out the Fed and other central banks for their role in ramping up economic inequality and manipulating financial markets — a departure from the praise they received for most of last year.

Howard Marks Says Fed Moves Have Had Coercive Effect on Markets Federal Reserve rate actions have had a coercive effect on the markets and forced investors to move into risk…

Continue Reading Big names in the world of finance are beginning to call out the Fed and other central banks for their role in ramping up economic inequality and manipulating financial markets — a departure from the praise they received for most of last year.