In an unprecedented move that signals China’s growing global influence, Zimbabwe has announced that it will adopt the Chinese currency as legal tender as it seeks to increase trade with Beijing.
Read More »33 Indications That Prove the Only Way is UP for Bitcoin (+2K Views)
The uptake & dollar value of Bitcoin has grown rapidly over the past 3 months - almost doubling its value. For 33 indicators that prove the only way is up for Bitcoin, check out our infographic below.
Read More »These 5 Currencies Closely Track Specific Commodities
For more than a year now, commodity prices have been under pressure from the strong U.S. dollar and slowing global demand. This has made a huge dent in the balance sheet of many net exporters of resources, in turn weakening their currencies. What most people don’t realize, however, is just how closely some currencies track certain commodities. Below are five world currencies that have been impacted by lower commodity prices.
Read More »Debt Clock Updates By Country: How Much Does Your Country Owe? (+2K Views)
http://www.usdebtclock.org/ keeps running real time totals of estimated U.S. national debts and assets. Take a look! Links to debt clocks of other countries provided too.
Read More »Gold & Silver Stocks to Rebound After Fed Rate Hike & Then…
If history repeats itself (with respect to Fed actions) then a rebound should begin in the GDXJ after the hike and last for a few months. The initial target would be the 200-day moving average ($22) followed by the October high (mid $23) and the 400-day moving average ($27).
Read More »Israel Has Highest % of Children Living In Poverty! Where Does Your Country Rank?
Some amazing revelations regarding the percentage of children living in poverty in various countries around the world. Shameful!
Read More »Blame China For Continued Low Commodity Prices – Here’s Why (+6K Views)
The role that China plays in commodity prices is so big that the future of metal prices is totally dependent on China. In this article we analyze some key Chinese indicators all of which give us no reason to expect higher metal prices in 2016.
Read More »Oil Is Now Cheaper Than Coffee, Milk, and Even Bottled Water – Really! (+2K Views)
Oil is now cheaper than coffee, milk, and even bottled water. Really! Take a look at the price comparisons in the chart below.
Read More »Silver Has Bottomed & Is On Its Way To $35/ozt. (+4K Views)
Silver looks like it has bottomed and will move substantially higher. Here's why.
Read More »Silver Is A Better Investment Choice Than Gold – Here’s Why
Rather than taking a new position in gold at current levels there are a variety of alternative investment ideas that are preferable and should be considered for your portfolio. See below for details.
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