A less-respected U.S. dollar will have major implications for world trade and American consumers U.S. economic power is founded, in part, on the primacy of its currency. While this role has been questioned at various times over the past half a century, current geopolitical developments pose the most serious challenge yet to the U.S. dollar’s dominance. In rejecting, the idea of a single, [...]
Tag: dollar collapse
Gold And The Shrinking Trust Horizon
via John Rubino's Substack Last week I posted an article on the implosion of the official vaccine narrative. That’s a controversial topic so not surprisingly it generated some heat on both sides. And a few readers expressed the wish that I’d stay in my lane (precious metals investing) and avoid venturing into unrelated and less well understood territory. But believe it or[...]
BLOWBACK – Sanctions Unleash Global Counter Attacks, Pent-up De-Dollarization Desires Emerge
March 31, 2022 For over two decades, numerous financial commentators have predicted the US Dollar status as global reserve currency would eventually diminish then end. While this position was dismissed by most in the mainstream financial media and academia, it should not be shocking since all past reserve currencies were eventually displaced. The abuses, manipulations, and chicanery[...]
Bo Polny – It’s All Down from Here, Except Gold and Silver – Audio Interview
Bo Polny talks with Kerry Lutz and provides his perspective on major markets. He’s calling for a major sell-off on the dollar and treasuries. He also sees a major sell-off on world stock markets as well. It’s going to occur before summer and this will lead to a major increase in gold and silver prices. He believes that you need to be long gold and silver and short the dollar and bonds.[...]
The Great Disconnect——Central Bank Driven “Markets” Have Nothing To Do With Economics
by David Stockman The German bund yield is soaring like a rocket today. After touching on the truly lunatic rate of 5 bps only a few weeks back, it has just crossed the 60 bps marker. Needless to say, when a blue chip 10-year bond widely held on @95% repo leverage moves that far that fast—–there is some heavy duty furniture breakage happening in fast money land. But don’t cry for the[...]
The End Is Near, Corporations Are The Ultimate Dumb Money
by John Rubino on May 4, 2015 David Stockman just published a chart so compelling that he didn’t feel the need to add any commentary. But there are a few things to be said about the tendency of public companies to repurchase their shares at the very top: “Peak buyback” is a sign that executives are seeing fewer opportunities to generate positive returns by building new factories or[...]
The Catalyst For The Next Global Crisis Is About To Be Triggered
Today the man who first predicted Greek bank deposits would be stolen warned King World News that the catalyst for the next global crisis is about to be triggered. He also discussed the shockwaves that will result from the coming crisis as well as what to expect in the metals. James Turk: "Slowly but surely, Eric, the bulls are gaining control of the precious metals market. We are seeing[...]
The Shock Doctrine: When Order Trumps Personal Freedom – Jim Rickards
Editor’s Note: Jim Rickards has published a third book entitled “The Big Drop: How to Grow Your Wealth During the Coming Collapse.” It’s available exclusively for readers of his monthly investment letter called Strategic Intelligence. Before you read today’s essay, please click here to see why it’s the resource every investor should have if they’re concerned about the future of [...]
When All News Is Bad News
by John Rubino on April 21, 2015 One of the defining traits of financial bubbles is the willingness of traders and investors to interpret pretty much everything as a buy signal. Rising corporate earnings mean growth, while falling profits mean easier money on the way. War means more revenues for defense contractors and easy money for everyone else. Blizzards means consumer spending will[...]
WHERE DO PRECIOUS METALS GO FROM HERE?
I urge you to consider my arguments for investing in gold and silver, and the miners that extract it. I am holding on to my post 2008 forecast for gold reaching $3-5k per ounce by 2017 (and silver reaching $100) because the world’s largest governments continue their plunge into default, and cannot afford to let interest rates normalize if they don’t want to be forced into a[...]