Asset Protection
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Multi-Currency Bank Accounts as a Dollar Devaluation Hedge
Welcome back to International Arbitrage!Peter Macfarlane explains the importance of multi-currency accounts in a recent post at Q Wealth:
As I’ve frequently stated, the problem with conventional asset protection is that it frequently focuses on preserving the numbers in your offshore bank account. What I mean by this, is that if you have a million dollars, [...]
Five Financial Shockwaves to Expect When the Yuan Replaces the Dollar
China’s banking system has twenty-five times the reserves of the US Federal Reserve. The USA’s power to dictate international monetary policy is lost as the rest of the world views the US dollar as a liability. People ask me every day about the “dollar collapse” – why do I keep predicting it, and why has [...]