May 3, 2011
in Federal Reserve, US Treasury, USD, currencies, exchange rates, forex, inflation, international economy, market reports, market trends, sovereign debt, technical analysis, world reserve currency
The US Dollar has sunk to 2.5 year lows. This is a significant time frame, as currently, Brent oil futures are also at 2.5 year highs. Outdoing both of these, gold is at all-time nominal highs, having closed April 2011 at $1563/oz.
Bernanke keeps saying that a strong dollar is in the U.S.’ best interests, and [...]
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February 6, 2011 · 1 comment
in 2011, Africa, Egypt, February, Middle East, collapse, economics, emergencies, emerging markets, food, forecasts, foreign investment, forex, frontier markets, indicators, inflation, infrastructure, market reports, news and updates, politics, unemployment
The other day, a reader reminded me of the post I wrote a year and a half ago on the coming double-digit inflation. More and more, lately in the news we hear snippets about inflation cropping up in the food prices around the world. Yet inflation is still almost taboo to talk about inside the [...]
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January 25, 2011
in Asia, BRIC, RMB, currencies, forecasts, foreign investment, forex, international economy, risk, world order
Lots of trash-talking the “China thesis” lately. People (Americans) want to think that the U.S. is the only place that “real” innovation can happen, or at least that the U.S. is the only place that has and protects the “right kinds” of freedoms that will allow the “right kinds” of innovation to happen.
Sorry, but I [...]
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November 10, 2010 · 3 comments
in Asia, BRIC, China, G20, RMB, USD, World Bank, central banks, currencies, exchange rates, foreign investment, forex, international economy, international stock market, market reports, market trends, money, news and updates, sovereign debt, terminology, world order
You may not have heard of this yuan yet – but the renminbi officially has a new, unofficial nickname – the “redback.” That’s right, it looks and sounds the way you think it’s trying to look and sound. Not only is the renminbi note red, but it’s got a picture of Mao on the [...]
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November 9, 2010
in 2010, China, Federal Reserve, GoldMoney, US debt, USD, World Bank, bubble, bull market, central banks, commodities, currencies, debt, economy, forecasts, forex, fundamentals, gold, hedging, hyperinflation, inflation, international economy, market reports, market trends, metals, precious metals, risk, silver, stimulus, world order, world reserve currency
And none of them are likely to happen in any conceivable near-term time frame.
Gold is sitting pretty now above $1400/oz following the World Bank’s suggestion of a return to the gold standard – and it’s inevitably already drawing out commentators from the woodwork who want to talk about how overvalued gold is and the fact [...]
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November 8, 2010 · 4 comments
in 2010, China, G20, GoldMoney, USD, World Bank, central banks, forex, gold, international economy, leadership, legislation, world order, world reserve currency
The World Bank may lead the rest of us back on to the gold standard a lot sooner than we think. World Bank head Robert Zoellick suggested over the weekend (and for the second time) that the G20 should consider making gold the global reserve currency as part of some major structural changes to the [...]
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October 10, 2010
in Asia, BRIC, China, Federal Reserve, Q4, US debt, US economy, USD, collapse, currencies, diversification, emerging markets, exchange rates, forecasts, foreign investment, forex, indicators, international economy, market trends, news and updates, world order, world reserve currency
Bank of America has decided it will halt all foreclosures in all 50 states going forward. This means, apparently, millions of folks will be living in homes without paying for it – which means at least temporary losses for banks. (Don’t get me wrong, it is a good thing for families who can find no [...]
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