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: US Dollar
Gold at $3,000 and oil at $100 by 2025? Citi analysts don’t rule it out
There’s an off chance that gold prices could soar to $3,000 per ounce, and oil to $100 per barrel within the next 12 to 18 months, according to Citi. Central bank aggressive purchases, stagflation, and a global recession are catalysts that could drive the price of the yellow metal almost 50% higher, Citi analyst said. Gold prices could soar to $3,000 per ounce, and oil to $100 per[...]
Buy Gold Now Or Wait?
Should you buy gold now? Or, should you wait? The pat answer is "it all depends"; which is true, but, it’s an inadequate answer. A bigger problem might be the question itself. Why would someone who is planning to buy gold now decide to wait? Some people might hesitate because they haven't seen the price action they expected. For others, it might be a lack of[...]
What Gold Needs
"Gold needs weak economic data as a catalyst to push prices higher..." trumpeted a headline this past weekend. In a similar vein is the oft stated claim that "a recession is good for gold". Several months ago, someone said that all gold needed to move to new highs above $2000 was lower inflation numbers. Earlier this year, the supposed "catalyst" for higher gold[...]
Heightened Investment Risks Demand Asset Review. Liquidity Paramount.
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BITCOIN FLOUNDERING AS DIGITAL SUBSTITUTE – Gold Tops $2000 As Crypto-Correlation Crashes
April 18, 2022 From ZeroHedge: Since the beginning of the year, gold has surge over 9%, topping $2000 again this morning amid geopolitical crises and global stagflation fears… At the same time, cryptocurrencies have suffered with Bitcoin down around 15% (back below $40,000 this morning), with the most aggressive shift from 'digital gold' to 'real gold' occurring since Putin[...]
DO YOU KNOW WHAT INFLATION REALLY IS? THEN HOLD SOME GOLD AND SILVER
April 13, 2022 From the Degussa Market Report In March 2022, annual US consumer goods price inflation was 8.5%, the highestlevel since 1981. While Main Street considers it, and rightfully so, terrifying data,Wall Street actually sees it as good news of sorts: Financial markets are expectingUS CPI inflation to have peaked, and hopefully inflation rates will come down inthe coming months.[...]
Longtime Preachers of “Don’t Fight The Fed” Now Fighting The Fed
April 13, 2022 Wall Street strategist have historically preached the old adage "don't fight the Fed." In a nutshell, this advice conveys that investors should simply position their portfolios to benefit from the direction the Federal Reserve is steering the economy via its policy decisions. The wholehearted embrace of this advice was especially true over the past couple of decades whereby[...]
Even Dollar Bears Are Too Dovish. Beware, USD Fade Can (Probably) Happen Much Faster.
April 7, 2022 With the ramifications of the US lead sanctions against Russia playing out, an assessment of initial collateral damage can now be made. The collateral damage being looked at here is that for the US. Besides more fuel being poured on the inflation fire from the purposeful attack on key commodities, the debate regarding the future of the USD as global reserve currency[...]
Q1 Results and Where Mainstream Advisors and Media Fail the Average Investor
April 5, 2022 Most investors like to believe they are solely focused on achieving the best returns. Further, they believe they strive to employ the best ideas to build their optimal portfolio. They also like to think that either their financial advisor or they themselves are making decisions on facts and supporting data to achieve their financial goals, if said goals are to achieve the[...]