Friday , 1 November 2024

Lorimer Wilson

The Price of Gold Could Be Repeating History – Here’s Why

With inflation picking up but the Fed unable to hike because of the significant global volatility RBC speculates that there are now growing parallels to the 1970s when external pressures and fragile growth rates did not allow the Fed to hike. This was also notably a time of strong gold price appreciation. Could the gold price be repeating history?

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Exodus From U.S. Dollar Has Begun – Got Gold? (+2K Views)

Before the U.S. dollar became the world's reserve currency that honor was held by Britain, then France, the Netherlands, Spain & Portugal and the U.S. dollar is no less susceptible to succumbing to the same change. In fact, many nations have been actively turning their back on the dollar over the past decade.

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What Does “Trillion” Mean – Other Than Being A “Humongous” Number?

Then the next time you hear the word "trillion" used in relation to government debt, the financial markets or the latest corporate takeover price take a step back. Then think again about the foregoing comparators. Finally, think again about the economic, business and financial markets content you are hearing, reading or seeing and the humongous numbers that are being bandied about without context.

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What the Heck is Going on With the Dollar and “Fear”? (+2K Views)

People are once again fleeing into gold, silver. They’re dumping the dollar and stocks, and they’re betting big on volatility and fear. The irony is, though, that there is no fear according to the “fear index” that speaks of “complacency”. This utter disregard for reality by stock and bond investors, who now no longer feel the need to be compensated for the risks they’re taking, except at the very riskiest end of the scale, is one of the greatest accomplishments of central banks, and at the same time one of the greatest risks out there.

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