Since the financial crisis in 2008, the United States has repeatedly printed US dollars, which led to a sharp depreciation of the US dollar and passed the financial crisis on to the holders of US dollar assets around the world, which made the world hate it. The hegemony of the dollar has been questioned and challenged as never before. On April 3, 2009, the G20 Summit was held in London, England. China and Russia demand the establishment of a super-sovereign currency to replace the US dollar as the world's reserve currency and stabilize foreign exchange reserves. It calls for reforming the world financial system and rebuilding the new world financial order, thus firing the first shot to shake the hegemony of the dollar. Zhou Xiaochuan, the central bank of China, even threatened to overthrow the hegemony of the dollar. China is also preparing to build one of the international settlement centers, and has concluded a wide range of currency swap agreements with countries around the world. As of April 20 13, China has signed currency swap agreements with more than 30 countries and regions. The most deadly to the United States is 20 1 165438. On February 25th, Bank of China said: China and * * agreed to strengthen financial market cooperation between the two countries. Japanese Finance Minister Jun Azumi said that Japan will buy100 billion-65 billion. At this time, China also vigorously purchased Japanese government bonds to increase the proportion of Japanese yen in China's foreign exchange reserves. This is because RMB has become a reserve currency for the first time, so that both sides can avoid the possible loss of foreign exchange reserve assets caused by a weak dollar. It is of great significance for RMB to become Japan's reserve currency. There is a deep strategic significance behind it.
20 12 In June, China and Japan launched the first direct currency transaction in history, which successfully expanded the daily trading volume in Tokyo by 10 times, reaching 10 billion yen (654.38+25 million US dollars). This action has also made Tokyo an offshore RMB market, reducing related transaction costs. The status of the dollar has been challenged as never before. If the currencies of hostile economic powers in the past were exchanged and the proportion was quickly adjusted, the blow to the dollar would be devastating. The United States must prevent this terrible situation from happening. How to stop it? Everyone saw the answer to the next thing. The mysterious death of Japanese Finance Minister Jun Azumi changed the situation on Diaoyu Island, and war was imminent. Anyone who knows it knows that Diaoyu Island is not a question of who owns the island, but that the United States uses it to crack down on the Sino-Japanese currency swap agreement. Want to prevent RMB from becoming one of the world's storage currencies. Want to prevent RMB from becoming one of the world's storage currencies. Secondly, the United States launched an all-round action to comprehensively worsen the surrounding environment of China and exert military pressure on China; Forcing the appreciation of the renminbi and other means. Of course, the United States is not only targeting China. During the subprime mortgage crisis a few years ago, the European Union and the Middle East proposed that oil trade should be settled in euros, including Iran. Since the oil trade is mainly settled in dollars, after the subprime mortgage crisis, the United States attacked the euro through Greece, which made the European Union falter and greatly shaken the status of the euro, and capital quickly flowed to the United States to repair its balance sheet. Therefore, whoever shakes the status of the dollar is equivalent to declaring war on the United States. So China's currency swap violated the hegemony of the dollar. If he touches his "cheese", America will destroy it at all costs. This is the national strategy of the US government and the Federal Reserve. The purpose of the United States' return to the Asia-Pacific region is to contain China, and the free trade between China, Japan and South Korea was dismantled in this environment.
No matter how ugly the act is, it can't stop the ambition of RMB to take the road of internationalization. With the arrival of 20 13, a series of explosion news made most countries in the world clap their hands and cheer, but also made the United States frightened and depressed. Please see the following news:
1.20 13 On March 27th, the BRICS Summit ended in Durban, South Africa. The meeting decided to establish the BRICS Development Bank, the Foreign Exchange Reserve Bank and the BRICS Business Council. A major achievement of the BRICS Summit is the establishment of an emergency fund with a scale of 654.38+000 billion US dollars. The results of this summit show that the five countries have not only determined the priority cooperation direction, but also pursued the future goal of enhancing the influence of the organization in the United Nations, the International Monetary Fund, the World Bank, the G 20 and other organizations.
Second, on February 22nd, London time, the Bank of England issued a statement saying that it would sign a three-year RMB-GBP swap agreement with the People's Bank of China as soon as possible. At present, the two sides are actively negotiating on this.
Third, the German Chancellor visited Beijing and wanted to exchange a certain amount of euros and RMB with China.
Fourth, according to yesterday's China Journal, French central bank governor Noah (Christian
Noyer) reported that the French central bank has been exploring ways to set up a RMB liquidity safety net in the euro zone and is considering reaching an agreement with the Bank of China on currency swap.
5. On April 9th, authorized by the People's Bank of China, China Foreign Exchange Trading Center announced that it would improve the trading mode of RMB against Australian dollar in the inter-bank foreign exchange market and carry out direct trading of RMB against Australian dollar on the basis of market principles, which is an important measure for China and Australia to jointly promote the further development of bilateral economic and trade relations. This move also makes the Australian dollar the third currency that can be directly exchanged with the RMB after the US dollar and the Japanese yen.
The above news is like a sharp arrow stabbing the dollar. Things are not over yet, and there is another thing that hurts the United States and makes it sleepless.
Last year, in June+10, 5438, the Bundesbank said that it would transfer some gold reserves entrusted to other central bank vaults back to Frankfurt. As soon as the news came out, world public opinion exploded, and then neighboring countries such as the Netherlands and Austria also launched the "Golden Home Movement". European countries generally have large gold reserves. The top ten gold reserves in the world are all European countries except the United States, Japan, China and India, and nearly half of their gold reserves are in the United States. European countries are deeply mired in the sovereign debt crisis and expect to rely on gold to pay their debts.
The behavior of these countries is undoubtedly a challenge. In fact, it poses a very serious and direct challenge to the credit of the Federal Reserve and the US dollar. The same thing happened in the 1970s, so I won't describe it in detail because of the limited space. Let's take a look at what world-renowned figures and media say:
Analysts at Commerzbank said that the Bundesbank's move is good news for the gold market, which means that people's confidence in gold is further enhanced. "Gold is the last currency, and it is best to keep it at home." The British "Daily Telegraph" said that the German central bank's withdrawal of gold marked the breakdown of trust between European and American central banks, and some gold supporters even compared it with the collapse of the Bretton Woods system caused by France's withdrawal of gold from the United States in the 1970s. According to the report, in view of the excessive issuance of currency by the Federal Reserve and the European Central Bank, there is a de facto gold standard trend in the world, and China, the Russian Federation and other countries are increasing their holdings of gold to diversify their dependence on the US dollar and the euro. Jim. Sinclair said that Germany's withdrawal of gold reserves deposited in the United States will be the most important move in the gold market in the past 50 years. In general, this is regarded as an "insult" by a major national central bank to another major central bank. Many years ago, France did this, causing panic in the United States. History will prove that Germany's move is the beginning of ending the dollar reserve currency. "
Due to the huge losses caused by the unrestricted monetary easing policy of the United States to other countries, developed and developing countries in the world have begun to look to gold. Although the global economy was bleak in 20 12, the attitude of global central banks towards gold purchase remained positive. According to the data of the World Gold Council, since the second quarter of 2009, global central banks have become net buyers of gold, and since then, they have bought a total of 1 100 metric tons of gold, almost equivalent to the net sales of gold in the previous three years. Last year, global central banks bought 534.6 metric tons of gold, the highest level since 1964. Russia, Brazil and Iraq took the lead in buying gold. In 20 12, the global central bank's net gold purchases accounted for 12% of the total demand, and the ratio of 20 1 1 was 10%. In 20 12, the global central bank's net gold purchase reached a 50-year high. 20 13 March, just before the unprecedented plunge, according to IMF data, Russia's gold reserves increased by 4.7 tons in March, Turkey's gold reserves increased by 33 tons in March, and South Korea's gold reserves increased by 20 tons in February.
As I said above, what the United States fears most and cannot tolerate most is the decline of currency influence. Once the currency poses a threat to the dollar in international settlement, the United States will certainly destroy it at all costs. This is the national strategy of the US government and the Federal Reserve. Today, one incident after another points to the same goal-dollar hegemony. The United States is angry from the heart, and evil is on the verge of being brave. After successfully suppressing the euro, it began a comprehensive encirclement and suppression of China. But this still can't stop people all over the world from hating the hegemony of the dollar. What else can they do? Don't forget, 69% of the employed population in the United States is engaged in the financial industry. America's national security and financial security are integrated. If we want to maintain the existence of this financial empire, we must maintain the hegemony of the dollar. I think everyone knows that there is a place in America called Wall Street, which is a stormy place. This is a mysterious place. This is a place closely related to the US government and the Federal Reserve. Perhaps an event that shocked the world is brewing here.
20 13 at 22: 30 on April 12, Beijing time, gold began to fall wildly, and the price pointed directly at the psychological defense line of investors (this price has never fallen below since September 26, 20 1522- 1525). Let me quote the story in the following article published in Jintou. Com: "Zhang Ming (a pseudonym), who works on Wall Street and manages the company's $500 million commodity futures investment department, 20% of which is invested in gold assets, tells everyone. He said: "That sleepless night, in the COMEX gold futures market, Zhang Ming experienced twists and turns from emergency stop loss, large-scale short selling and unexpected bargain-hunting. So far, he feels that he is playing an arbitrage game with various rumors. He always wondered why Wall Street suddenly abandoned the gold market that day. On June 5438+05, he got a new market rumor. Last Friday (April 12), Merrill Lynch used billions of dollars to sell nearly10,000,000 ounces of gold futures warehouse receipts in just 30 minutes, which made the price of gold fall below the price of $0/525 per ounce. Once it falls below this price, it means that gold will enter a bear market. However, on April 15, when Zhang Ming was ready to buy gold, he was asked to stop all gold long positions urgently. At that time, he was explained that some American investment institutions had been warning hedge funds and investment banks to sell gold, and Goldman Sachs' short-selling remarks a few days ago were unusual. He found some strange phenomena hidden in the selling tide. For example, when the price of gold approaches some key prices, there will always be a number of large-scale selling orders that accurately break through the price support line. Zhang Ming didn't fully understand the gold operation idea of the company's investment Committee that day, but he intuitively felt that European and American investment institutions seemed to have foreseen it from emergency stop loss to bargain hunting. "
From Zhang Ming's description above, we can easily find that there are many doubts in this market, and I have to suspect that this is a premeditated conspiracy. As can be seen from the content of this article, its intention is obvious: first, stabilize the dollar and shift global attention to its quantitative easing; The second is to make the gold purchased by central banks suffer dramatic losses, thus shrinking the gold reserves of other countries and weakening their own currencies, thus highlighting the status of the dollar; Third, unexpectedly sell high and buy low to win greater benefits.
This world is a world full of contradictions. Everything in the world is yin and yang, from sadness to joy, from birth to death, all conform to the laws of nature. Even if it is violated, it is a temporary power, and the market will naturally repair it. From the end of April 16 to the end of writing this article, on April 26th, gold rebounded continuously 164 USD/oz, which surprised some institutions and some countries. The strength of the rebound comes from the market. Please see the news from all over the world:
United States: The mint's gold coin sales in April have exceeded the sum of February and March this year. This week, united states mint announced on 23rd that it would suspend the sale of110 ounces of American Eagle Ocean gold coins, because the demand doubled year-on-year, and now it has exhausted the government's stock of such gold coins. This is the first time that united states mint has stopped selling gold coins since June 2009 165438+ 10.
Britain: Shane, head of gold bars and commemorative coins at the Royal Mint.
Biesert told reporters that the gold sales of the Mint in April were 150% higher than that in March. Since the price of gold fell, we have found that the demand for our gold coins has increased in major gold coin markets, which is beyond doubt.
China: Banks and gold shops are closed, so there is no gold to sell.
Indian gold is in a hurry, and Japanese gold is in a hurry. ...
The most fundamental factor that determines the gold market is not the technical trend or inflation rate, but the market supply and demand relationship of gold itself. The United States Wall Street capital market took joint action this time to short gold with all its strength, which caused the international gold price to plummet abnormally, which violated the market rules and would naturally be self-defeating and self-defeating. Let people know more about their true colors-the hegemony of the dollar has finally declined.
The renminbi will surely succeed in going global!