The demise of the U.S. dollar has been a staple of the financial media for decades. The latest buzzword making the rounds is de-dollarization, which describes the move away from USD in global payments. De-dollarization is often equated with the demise of the…
Hating the U.S. dollar offers the same rewards as hating a dominant sports team: it feels righteous to root for the underdogs, but it’s generally unwise to let that enthusiasm become the basis of one’s bets. Personally, I favor the…
That oil fell off a cliff once the U.S. dollar (USD) began its liftoff in mid-2014 is, well, interesting. Causation, correlation or coincidence? There are a variety of opinions on this, as there should be. What we do know is…
Gold Is “100% Guarantee from Legal and Political Risks” – Russia – Gold is “100% guarantee from legal and political risks” – Russia’s central bank buys another 300,000 ounces in April – Russia views its overseas assets as vulnerable –…
Gold Surges – Fed Loses “Patience” and Signals Loose Monetary Policies to Continue – Gold rose over 2% – Fed signals ultra loose monetary policies to continue – Fed dampens expectation of a rate hike in June – Yellen no…