Since the recent March high in the US dollar, the fiat currency has fallen consistently. The purchasing power of our dollar has dropped. Our dollar buys less today than it did a couple of months ago. All paper currencies have lost significant purchasing power over the past few decades. A simple example explains it all. […]
Tag Archives: coronavirus
We thought some of our observations in the last few months should be looked at again. How quickly the tide has turned to cause massive selloffs and volatility in all markets. Considering the carnage, gold has remained positive relative to other markets.
Coronavirus is spreading around the world and investors are fleeing equities The COVID19 Coronavirus is making its way around the globe. The US stock market had its worst week since 2008. World stocks lost over $5.1 trillion in market cap last week. The S&P Banks Index saw the biggest 6-day collapse since the peak of […]
Expect the Coronavirus to be worse than expected The viral outbreak that began in China has now spread to nearly 78,000 people globally if you believe the official numbers being released by the Chinese Communist Party (CCP). Most cases of infection have spread to Japan, South Korea, and Hong Kong, and Italy. Over 30 countries […]