The 2020s will be a decade defined by conflict, contraction and consequences for many. But it doesn't need to be for you. Read on to learn why.
40 years is a very long time, at least in human terms. But when it comes to inflation, the not-so-fine 1979 seems like 400 years ago. It was in that difficult year — with spiking oil prices pushing the CPI up at close to a double-digit rate — President Jimmy Carter appointed Paul Volcker as the head of the Federal Reserve.
Is the Fed pushing everything up at this point?
Many who suffered losses in the gold and silver markets due to the bank’s illegal activity are wondering if there are options to for compensation?
It seems that the yellow metal is preparing for a big move, and now the question is in what direction?
There is evidence that US Treasury bond yields may continue to rise, exposing the debt trap in which the US government finds itself. Market participants don’t realise it yet, but the dollar-based monetary system is spinning out of control. This will become obvious as the crisis stage of the credit cycle, which we now appear to be entering, becomes evident.
An expert predicts that a softer dollar could become the catalyst for gold to keep shining.
I think that the not-so-smiley-face inflation genie is going to be let out of the bottle as the meaning of spending in the real economy becomes untethered from any concern of paying for it.
“I do not expect a turnaround to a positive interest rate environment next year,” Holzmann, who heads the Austrian central bank, said in a statement on Friday.
The current economic cycle is already the longest in U.S. history and a recession looks inevitable in the new decade — which also will mark 100 years since the Wall Street crash of 1929.
As China struggles to deal with the slowdown of the world’s second-largest economy, it has embarked on a new strategy of placing financial experts in provinces to manage risks and rebuild regional economies.
There’s a significant reason why China has been issuing debt denominated in US Dollars.
“In June 2008, Goldman’s derivative book had a stunning notional value of $53 trillion.”
Investors have long assumed the state would step in and help many companies, but that’s no longer a safe bet.
And gold will sparkle to a new all-time high, eclipsing $1,900 per ounce.
There is evidence that US Treasury bond yields may continue to rise, exposing the debt trap in which the US government finds itself. Market participants don’t realise it yet, but the dollar-based monetary system is spinning out of control. This will become obvious as the crisis stage of the credit cycle, which we now appear to be entering, becomes evident.
Apart from news that Russia could consider investing part of its National Wealth Fund in gold, a slightly weaker dollar against a basket of currencies supported bullion, by making the metal cheaper for holders of other currencies.
Gold is heading for its biggest weekly advance in more than four months, setting the metal up for its best year since 2010.Bullion held near the highest in seven weeks on Friday even as stocks climbed worldwide and U.S.-China trade concerns eased, which typically reduces investor appetite...
Gold futures have risen 0.6%, to $1513.30, the highest since early November. Don’t be surprised if they continue rising in next year.
We're less than a week away from New Years Day and I already have my 2020 resolution queued up and ready to go.Wanna know what it is?I hereby resolve not to make any New Year resolutions!