Currencies

The U.S. Dollar's status as a reserve currency seems to be a perennial concern for many people these days. I think this concern is often dramatically overstated. Here's why.

Nobody knows when the final crisis will occur, but like so many times throughout human history we are marching down a narrow path to the final catastrophe of our fiat currency system. [Let me explain why.] Words: 1336

It’s common for the world’s most powerful country to issue a currency that becomes adopted around the world as the standard for international trade but whenever that country reaches a point of epic, terminal decline, and especially when it rapidly debases its currency, the rest of the world seeks an alternative. This article outlines the history of the rise & fall of "world" currencies over the centuries and then comments on what the future likely holds for today's "world" currency - the U.S. dollar.

With less countries and organizations using the dollar to settle international transactions, it slowly chips away at its hegemony of the U.S. dollar as the world's reserve currency. China is at the epicenter of this transition and is making continued progress in cutting deals outside of the U.S. dollar framework. Deals shown in the infographic are currency flows between countries that have abandoned the dollar in bilateral trade, as well as countries that are considering such measures.

Thanks to this un-imaginable innovation, cryptocurrencies managed to become one of the most popular financial assets of the 21st century. Just talking about it is not enough, though. It needs to be shown and this article does that in the following 6 maps.

Make no mistake about it, it is the central bankers that are leading governments around by the nose, and by proxy, governments leading people around by the nose, and that “nose” is inhaling “lines” of fiat. Unless cured, all addictions end badly, and the only “cure” central bankers have for ever-increasing fiat is, ever-increasing it more. [You can protect yourself, however, by] demanding less of the valueless fiat and keeping, and growing, your wealth by buying and accumulating real value: physical gold and silver. Anything less, and you are still dealing in the imaginary world that is failing. [This article explains why that is the case.] Words: 834

Is Litecoin different than other cryptocurrencies like Bitcoin? Yes, and here are eight reasons why.

The U.S. Dollar’s long-term outlook is actually bullish! Research suggests that the USD will go up in the second half of 2019 – 2020 (which coincides with the long-term bearish case on gold and silver).

We are now on the eve of an economic crisis of unfathomable proportions due to an insoluble debt problem. Holding precious metals will be invaluable insurance to survive this crisis financially.

It is critical to heed the strong warning signs of deep trouble coming in Europe, Japan and the USA. A 75-79% fall in the currencies of these countries is telling us that they will all go to their intrinsic value of ZERO in the next few years. This will lead eventually to the same hyperinflation as in Argentina and Venezuela...