Monday, August 15, 2016

US Hyperinflation?

October 20, 2009 by · Leave a Comment 

The Daily Reckoning The finance ministers of the Eurozone met yesterday and they’ve tried to stem the euro’s (EUR) rise… But they’ll need more than words to get the job done! And so we begin a new day… Front and center this morning, the currencies – which had given background overnight to the dollar – [...]

US Dollar in Need of a Tourniquet

October 9, 2009 by · Leave a Comment 

The Daily Reckoning OK, front and center this morning, gold has soared to another all-time high! When I turned on the screen this morning, gold was flashing a great big $1,055 figure… WOW! But wait! Gold – and silver for that matter – aren’t the only risk assets moving higher… All 16 of the countries [...]

Is the Dollar Being Removed from Oil Trades?

October 6, 2009 by · Leave a Comment 

The Daily Reckoning Today we’re already seeing a HUGE currency rally versus the dollar, on the news that the Reserve Bank of Australia (RBA) opted to go ahead and hike rates now, rather than wait for November’s meeting… Which I thought they would do! WOW! The first hike has opened Pandora’s Box of interest rate [...]

Gold, Silver, Metal Prices: Monday Commentary (10/5)

October 5, 2009 by · Leave a Comment 

Too Fast and Too Furious – Istanbul Drift Good Day, Gold’s incursion at figures above the $1000 level continued overnight, as the dollar came under renewed pressure following tepid pro-dollar statements from the Istanbul conclave of the G-7 this weekend. Group of Seven finance chiefs stopped short of singling out the weaker dollar for criticism [...]

Gold: The No.1 Currency Trade

June 30, 2009 by · Leave a Comment 

Bullion Vault Monetary authorities are doing all they can do cheapen their money. The only winner is gold… EVEN THOUGH gold has been in a correction during these last few months, it is important to step back and see how it has out-performed every other currency since this decade, century and millennium began, writes Chris [...]