Friday , 29 March 2024

Currencies

The U.S. Dollar Index: A Deceptive Indicator of USD Strength (+4K Views)

Most of the major financial news outlets and many investors have come to rely on the movements of the U.S. Dollar Index as a daily barometer of the U.S. dollar's relative strength and weakness taking it on faith that the Dollar Index is the dollar – pure and simple. In reality, the Index offers a very distortive view of the movement of the dollar against the currencies that matter most. If anything, recent movements of the Index are a reflection of euro weakness rather than dollar strength. Words: 1019

Read More »

Coming Currency Superstorm Will Be Absolutely Catastrophic for U.S. Economy (+5K Views)

What would happen if someday the rest of the world decides to reject the U.S. dollar and that process suddenly reversed and a tsunami of U.S. dollars come flooding back to this country? It is frightening to think about. Just take a moment and think of the worst superstorm that you can possibly imagine, and then replace every drop of rain with a dollar bill. The giant currency superstorm that will eventually hit this nation will be far worse than that.

Read More »

Gold Price: It’s ALL About the Strength Of the USD, Stupid!

Currently, the U.S. dollar is strong and that trend may continue for some time. As long as it does or for as long as the U.S. dollar maintains stability, there cannot be new highs in the gold price.   …At one time there was a fixed ratio of dollars to gold ($20 U.S. to 1 troy ounce of gold) but, …

Read More »

Pennies, Nickels and Dimes Are Essentially Rubbish! Here’s Why

When was the last time you saw someone pick up a penny off the street? A nickel? A dime? Nowadays, even bums often can’t be bothered to pick up anything less than a quarter. The U.S. dollar has become so debased that these coins are essentially pieces of rubbish. They have little to no practical value.

Read More »

6 Ways the Super-Strong USD Could Hurt the World Economy

The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years and, as the world’s reserve currency, such changes in its value have implications for the entire global economy. Below are five of the main ones.

Read More »

“Greater Fools” Driving USD Higher

The U.S. has the highest inflation in 40 years, and yet it also has the strongest dollar in 20 years. How can that be? How can the dollar be so weak and yet be so strong at the exact same time? [This article] tries to make sense of this tale of two dollars.

Read More »