Schiff Urges China to Crash Dollar, Buy Gold Amid Trade War

Peter Schiff has suggested that China resolve its trade deficit with the U.S. by dumping its U.S. Treasuries and dollars, then using the proceeds to buy gold to back a revalued yuan. Schiff: Dumping U.S. Debt Would Benefit Chinese Consumers Economist Peter Schiff has urged China to resolve its trade deficit with the United States […] Source link

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Caroline Ellison speaks on FTX-Binance war: Hodler’s Digest, Oct.

Top Stories This Week Caroline Ellison wanted to step down but feared a bank run on FTX Caroline Ellison, former CEO of Alameda Research, testified for over 10 hours this week at Sam Bankman-Fried’s trial, offering deeper details on the events that anticipated the FTX debacle in November 2022. From Ellison’s testimony, jurors learned that she planned to leave Alameda months before its collapse, but feared a bank run on FTX amidst the crypto market downturn. The week also featured a recording presented as evidence in the case showing the…

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