The last four days have seen the US Dollar plunge 2% - the biggest drop since June 2016, pushing precariously close to its weakest since January 2015.
The $13+ trillion in new thin-air money issued to achieve this is truly staggering. It's so large that the human brain really can't wrap around it. (For those who haven't seen it, watch our brief video How Much Is A Trillion? to better understand this.)
We are in a late market cycle environment setting up for the next recession & the current phase of excess will lead to a deeper downturn.
& rising global reflationary-forces poised to accelerate.
This year, we should expect most markets to test BOTH sides of the game so pay attention to the Global Market Watch and the Reversals.
These snapshots of monetary history tell the story of how and why the United States monetary system evolved from a gold standard to a paper Dollar Standard.
Many in Washington want us to believe that earmarks were responsible for out-of-control spending. Nothing could be further from the truth.
This would be assassin couldn't hit the broad side of a barn. Presenting what may be the worst anti-gold MSM propaganda article, ever...
In a statement on Tuesday, Dagong warned that the United States’ increasing reliance on debt to drive development would erode its solvency.
The precious metal at present remains the biggest single danger to the hegemony of the dollar
Gold prices continued to rally on Monday, trading around their highest level since September as they got a boost from an ever-weakening dollar.
Despite the drop, Ethereum, Ripple and the rest of the internet’s alt coins have largely fared worse than bitcoin.
Everybody knows how well stocks and equities do in a bull market. But what about the aftermath? GoldSilver examines the historical post-bull market landscape.
West says gold is working on finishing up on wave C, and the next push tops out at $1523. Here's the details...
We write a lot about India because people in the country love gold. Even the poor buy gold in India. Indians value gold as a store of wealth, especially in poor rural regions. Two-thirds of India’s gold demand comes from these areas, where the vast majority of people live outside the official tax system. Gold is one of the engines that make the Indian economy run.India gets a lot of attention because it ranks as the world's second-largest gold consumer, but it isn't the only country with an affinity for the yellow metal. Gold has played a vital role in the history and economy of Vietnam, and still serves as an economic lifeline for the Vietnamese people today.
If you believe the conventional wisdom, gold should be languishing right now.It isn't. People are buying gold.So, what gives? Could it be that the conventional wisdom is wrong?
Jim Willie says that if the U.S. is forced to issue a "domestic only" dollar, then get ready for big currency devaluations and civil unrest right here in the USA...
John Rubino spells out the case for gold in three different approaches, all of which offer tremendous upside potential, and one of which is life-changing...
David Morgan says he's looking for a good 2018, but not a great year. Here's the details...
SD Outlook: All things are quiet as the U.S. celebrates MLK Jr Day, but the week could end with a Spectacular Chinese Fireworks Display. Here's why...