Tuesday, July 23, 2013

Capital Gold Group Report: DOLLAR DECLINE GAINING MOMENTUM: ‘Benign currency neglect’ could spell real danger for US economy – A Foreign News Perspective

October 15, 2009 by · Leave a Comment 

What’s happening to the dollar? That’s the question dominating the world’s financial markets. Last week the US currency fell, on a trade-weighted basis, to a fresh 14-month low. The dollar’s decline is now gaining momentum. By Liam Halligan Published: 7:22PM BST 10 Oct 2009 Many American economists say the greenback is falling because the global [...]

Gold Touches a New Record

October 9, 2009 by · Leave a Comment 

The Daily Reckoning “Gold continues to climb…stoked by inflation worries,” says a headline in the International Herald Tribune. Yesterday, it touched a new record – $1,050 – even as the dollar rose, oil slumped under $70 and stocks dipped very slightly. Well, what do you expect? The United States added $1 trillion to its monetary [...]

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 [...]

The Government-Based Economy

September 15, 2009 by · Leave a Comment 

By The Mogambo Guru I really got a laugh out of the report from Bloomberg that the Democratic Party of Japan (known in the parlance as DP) won an historic victory in the recent elections, coming to power for the first time in decades with “a pledge to support households battered by two decades of [...]

The Euphoric High of Government Spending

June 18, 2009 by · Leave a Comment 

I gotta admit that I am confused by lots of things, like how come if my kids hate it here so much, why don’t they run away from home and save us all a lot of aggravation? And then there is my confusion over the Bloomberg.com report that “Brazil and Russia joined China this week [...]