It is the size, stability, and liquidity of a country’s financial markets that are the major underlying factors to determine the strength of a reserve currency and, as such, the U.S. dollar is the world’s most dominant reserve currency, making up about 64% of all official foreign exchange reserves. The USD is so dominant, in fact, that more and more countries around the world are pegging their currencies to the dollar as illustrated in this video.
Read More »$ – The American War Machine – $ (+3K Views)
The American War Machine has been meticulous over the years in deliberately obfuscating and confusing any discussion by wrapping all things military in the flag, patriotism, protecting and advancing the ideals of American democracy as it is articulated, not practiced.
Read More »Under 30? Then Get Out of Dodge! Here’s Why & What to Do (+2K Views)
If you’re under 30 the old playbook of “go to school, get a good job, work your way up the ladder” doesn’t apply anymore. Here's why and what to do about it.
Read More »News Flash! Zimbabwe To Adopt China’s Yuan As Its Official Currency (+2K Views)
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.
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