Sunday , 31 May 2020


Currencies

It Soon Will Be Decision Time for the U.S. Dollar Index – Which Way Will It Go?

The U.S. Dollar has lost over a third of its value inside a 10-year falling channel as it continues to create a series of lower highs while holding on to a small rising support line. The question now is whether the U.S. Dollar Index will gain enough strength to break out to the upside or continue to trend lower and lower over the ensuing weeks and months.

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Spend Your Bernanke Bux Now on PHYSICAL Gold & Silver! Here’s Why!

If Venezuela were any guide, we would have to say "Buy gold and silver, right here, right now!"...For those of you who hold Bernanke Bux, aka fiat paper, pay close attention. Those Venezuelan citizens who held paper Bolivars took a 46% hit on their purchasing power. Those citizens there who held gold and silver saw an equivalent 46% jump in their holdings. If you think it cannot happen here, you are wrong. It already has. Words: 295

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Warning: This Economic Article Is Not for the Faint of Heart

Never before in American history have we seen such a pitiful, pathetic, and anemic response to challenges and trials. We are truly a society of wimps. Spiritual wimps, devoid of any courage and conviction when it comes to speaking the truth, and milquetoast coelenterates for failing to look past our own materialism to accept the common truth that what we have been doing is simply not sustainable. You and me both. Let’s dig into the undeniable conclusions, shall we? Words: 1331; Charts: 3

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Is the First of Many Currency Crises Just Now Unfolding? Are Gold & Silver About to Take Off As a Result?

I expect the eventual endgame to this whole Keynesian monetary experiment that has been going on ever since World War II [will] finally terminate in a global currency crisis. [That being said,] I'm starting to wonder if we aren't seeing the first domino - the Japanese yen - start to topple...[It has] cut through not only the 2012 yearly cycle low, but also the 2011 yearly cycle low and never even blinked [and should it continue its steep decline] and break through the 2010 yearly cycle low [of 105.66] I think we have a serious currency crisis on our hands. Needless to say, if the world sees a major currency collapse... it's going to spark a panic for protection - to gold and silver. Wouldn't it be fitting that at a time when they are completely loathed by the market they are about to become most cherished? [This article analyzes the situation supported by 3 charts to make for a very interesting read.] Words: 620; Charts: 3

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Consumer Indebtedness Leading to Currency Devaluation & Beggar-Thy-Neighbor Economic Policies

The current move up over the past 4 years is being driven by the Fed's loose monetary policies (just as other global markets have been driven by their Central Banks). Most bulls believe the loose polices will stimulate enough consumer demand to lead to a significant U.S. economic recovery. We, however, continue to believe the debt - laden consumer, along with the still other unresolved debt burdens, will be a major drag on the U.S. economy, (we are convinced that the market will turn down and make a triple top at levels below the peaks made in 2000 and 2007 while we resume the secular bear market that started in 2000) and that will have negative affects on the global economy.

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Peter Schiff: The Federal Reserve is Now 100% Committed to the Destruction of the Dollar

In order to generate phony economic growth and to "pay" our country's debts in the most dishonest manner possible, the Federal Reserve is 100% committed to the destruction of the dollar. Anyone with wealth in the U.S. dollar should be concerned that economic leadership is firmly in the hands of irresponsible bureaucrats who are committed to an ivory tower version of reality that bears no resemblance to the world as it really is. By upping the ante once again in its gamble to revive the lethargic economy through monetary action, the Federal Reserve's Open Market Committee is now compelling the rest of us to buy into a game that we may not be able to afford. Words: 1410

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We Are On the Precipice of Enormous Financial & Economic Change

We are on the precipice of enormous financial and economic change. It is not change for the good, especially for the United States. Excesses and mis-allocated resources of several generations are about to be exposed as modern industrial nations sink deeper into the economic hole they have dug for themselves. The purging of these economic mistakes will be painful, could create new wars as politicians attempt to deflect blame and may end up changing the political form of government in some countries. (Words: 364; Charts: 1)

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