Monday , 18 November 2019


Currencies

The U.S. Dollar May Have Topped & Gold Bottomed – Here’s Why

Virtually everyone has become convinced that the dollar is going to 110, 120 or even 160. Folks when everyone is thinking the same thing … then no one is thinking. Here’s the thing. Almost no one is prepared for the dollar to drop. Everyone is convinced the dollar is going higher, and everyone is positioned long. Everyone is on the same side of the boat. When that happens invariably the boat tips over so here’s what I think is going to happen.

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U.S. Currency: 33 Fascinating Facts

The next time you spend your cash, take a moment to reflect on the history of the bill or coin in your hand as depicted in today’s infographic illustrating 33 fascinating facts about U.S. currency (notes and coins).

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Canada Has Devalued Its Dollar (Loonie) Again – Why? (+2K Views)

The Bank of Canada has cut its overnight rate for the second time in the last six months - to 0.5% - and the Canadian dollar has reacted as expected, [indeed, as intended,] putting the Canadian dollar at a six-year low in terms of dollars (-10.2%) and pound sterling (-10.4%). So why the rate cuts and competitive devaluation?

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Bitcoin Going Mainstream – Take a Look

It takes some time for new innovations to develop the infrastructure to reach their hyped potential [but] there is ample evidence [seen HERE] that shows that cryptocurrencies and Bitcoin are along that path.

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Currency Wars: Here’s What They’re Really All About

A currency war is a battle, supposedly an economic policy to cheapen a country's currency compared to that of others, to promote exports but the real reason, the one that’s less talked about, is that countries actually want to import inflation - a way of creating monetary ease and importing inflation. Let me explain.

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