While we are still in the beginning stages of huge financial uncertainty, the need to plan for the next decade is here. Investors should be looking for a place to hide and caution is in order. With unprecedented monetary expansion and stimulus comes tremendous risk. Based on industry trends and historical valuations, silver offers tremendous […]
Tag Archives: US dollar
The dollar has lost more than 6% of its value over the past two weeks against a basket of global currencies. Global traders are unsettled with the loose monetary policy in the United States. In 2020 the US created approximately 9 trillion dollars out of thin air amid the Coronavirus pandemic. Meanwhile, two key net […]
Hyperinflation during the Weimar Republic 100 years ago Paper or fiat currency is nothing new in world history. China has a long history of printing intrinsically worthless currency dating back to the seventh century. In the 1400s the kingdom of Spain began printing paper to be used as money during military sieges.
You probably have heard bankers and economists along with people running for political office talk about the middle class shrinking and even disappearing. This has been happening because of the cost of living for you and the inability for most people to keep up with the cost of living.
European investors are fleeing Euro banks and flocking to gold, which is at an all-time high in Euro and British Pound.
Gold owners reap rewards; Argentina’s currency and stock market plunge. Last week a primary election triggered panic in Argentina and caused investors to dump Argentina’s fiat money, the Argentine Peso, along with their stock market at the same time. Anyone who lives in Argentina and owned gold and other precious metals was insulated from that […]
The Federal Reserve interest rate cut was applauded by Wall-Street; they called it an ‘insurance’ rate cut. Maybe stock investors intend to behave recklessly. Economists’ opinions differ on the rate cut.
Last week was the 75th anniversary of the Bretton Woods agreement. The agreement was collapsing in the 1960s and finally ended during the 1970s when the US abandoned the gold standard. Since then the price of gold has risen to over $1,350 an ounce from the value at the congressionally set price of $35 per […]
Since the US officially abandoned the gold standard in 1971, we all understand that we have experienced several dollar crises, periods of rampant inflation (and soaring gold prices). What we don’t all understand is that many of these crises were not accidental but coordinated economic policy events. When we look at our current economic policy […]
The US stock markets are deep in the red on Monday as China threatens to begin dumping US Treasury bonds. Economists are warning that the trade wars are threatening dollar dominance. Flooding the market with Treasuries would push down US bond prices and cause the yields to spike. A slight increase in bond rates last […]