Tag: dollar

Velocity of Money At Decade Low Could Explain Falling Gold Price

Velocity of Money At Decade Low Could Explain Falling Gold Price

The current monetary system, with the US Dollar as the Reserve currency is fatally wounded but what is there realistically to replace it at this point? Answer – nothing! From the standpoint of gold, this helps explain why the metal keeps sinking lower. With the US Dollar not falling apart, the urgency to own the metal is subsiding among Western-based investors.

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What Ron Paul Told Me About the End of Dollar Hegemony

What Ron Paul Told Me About the End of Dollar Hegemony

I believe that once the dollar loses its status as the world’s premier reserve, the US will start to implement the destructive measures we frequently discuss: capital controls, people controls, price controls, currency devaluations, confiscations, nationalizing pensions, etc.

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Do Not Express The Value Of Gold In Monopoly Money

Do Not Express The Value Of Gold In Monopoly Money

Paper currencies seem normal. They seem natural. We are told they are necessary. Paper currencies with no intrinsic value are used everywhere – we pretend they are valuable. If we don’t look closely, or remember the world of 60 years ago, they seem like a good idea. Monopoly money. Euros. Dollars. What is the essential difference? Paper, with no intrinsic value, is accepted only because we have confidence in the issuer of the currency and/or because we have no other choice.

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China Says “This Is US’ Responsibility,” Imports Another 131 Tonnes Of Gold

China Says “This Is US’ Responsibility,” Imports Another 131 Tonnes Of Gold

China warns: “We ask that the United States earnestly takes steps to resolve in a timely way before Oct. 17 the political (issues) around the debt ceiling and prevent a U.S. debt default to ensure safety of Chinese investments in the United States and the global economic recovery.” Meantime, net gold flows into China hit 110.505 tonnes in August, compared with 116.385 tonnes in July.

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Jim Rickards: Gold Price Could Double Overnight In US Dollar Crisis

Jim Rickards: Gold Price Could Double Overnight In US Dollar Crisis

In a major US dollar devaluation crisis, which would occur if the US would fail to raise the debt ceiling on Thursday October 17th, there should be a significant impact on the gold price. Jim Rickards wrote about this in his bookin which he envisages a series of ‘black swan’ events that trigger a loss of confidence in the US dollar precipitating a rush to get out of the greenback. In such a scenario, the market would question the Fed’s staying power. A dollar collapse would ensue and gold could double in price overnight.

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Politicians Around The World Are Sure To Sink The US Dollar

Politicians Around The World Are Sure To Sink The US Dollar

Thanks to our politicians in most countries, in my opinion the US dollar will end in a collapse. In addition to all this money being printed, the U.S. Treasury is holding more than $2 trillion in short-term debt that must be refinanced within the next 12 months. And, the only way the government will be able to finance this debt will be to continue to print more money. This will only delay the day of reckoning while debasing the value of this fiat currency.

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Gold And Silver – Central Bank Death Dance (Part I)

| September 28, 2013 | Category: Price
Gold And Silver – Central Bank Death Dance (Part I)

The reason why gold and silver are not priced higher is not because of the true demand situation, or even the dwindling supply/default on physical delivery circumstances. The question hardly anyone is asking is why are central banks and their servant governments doing everything possible to preserve the soon to be devalued “dollar,” more accurately, FRNs? Central bankers may currently be engaged in their own “death dance,” with increasing odds that their criminal banking scheme is being exposed for what it is and has been. Whether it is allegro or adagio, no one knows. For sure, Eastern countries are no longer tolerating the Western banking Ponzi scheme and are shunning the “dollar,” forever.

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10 Currency War Insights From Jim Rickards

10 Currency War Insights From Jim Rickards

In his latest TV interview, Jim Rickards gives an update on currency wars and explains several key principles. We have summarized them in this article in ten different insights.

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Market Moves Ahead Should be Good for Gold, Bad for US Dollar

| July 11, 2013 | Category: Economy
Market Moves Ahead Should be Good for Gold, Bad for US Dollar

Gold and silver will not only continue to serve in their timeless role as a store of wealth while fiat currencies flail and ultimately fail—right now, market conditions are ripe for a once-in-a-lifetime profit opportunity to take shape. The current gloom in the mining-stock sector has stock prices at astounding lows… but those who know which companies are best positioned to ride out this temporary collapse and have the fortitude to invest in them now can make a fortune. This isn’t exaggeration—this scenario has played out before in the US.

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5 Signs Of An Imminent Gold & Silver Price Rally

5 Signs Of An Imminent Gold & Silver Price Rally

While the markets have been very volatile lately, hence difficult to predict, it is reasonable to expect a bounce in the price of gold and silver. We hasten to say that nobody can predict the future, so our expectation could turn out to be wrong. To be more precise, the probability of higher prices is higher than the probability of lower prices, at least in the short run. Here is why.

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Gold Settles Higher On May 23d – Finds Support From Drop In Dollar

Gold Settles Higher On May 23d – Finds Support From Drop In Dollar

With the present economic conditions in the US, there are various ways in which the fluctuations in the price of dollar will make the gold price rise and fall according to the rates. If you’re an investor, you should take into account the bigger picture so that you can take an informed and measured decision in the long run.

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The Strength In The Dollar Is Hard To Ignore

| May 21, 2013 | Articles: General
The Strength In The Dollar Is Hard To Ignore

If this does end up being the start of a new Investor Cycle, then we won’t know for sure until the next Daily Cycle. The next dollar Daily Cycle should top very early and form Left Translated. If however it goes on to make new IC highs then it will almost certainly be the 2nd Daily Cycle of a young Investor Cycle. If this occurs, then gold will also form Left Translated and drop again, likely making yet another deeper low in June.

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Peter Schiff & Doug Casey About Gold, Dollar Collapse & US Fed

| February 1, 2013 | Articles: General

In a recent interview, Doug Casey talks with Peter Schiff about his expectations of the gold price and the future of the dollar. They discuss the role of the central bank(s) in today’s debt crisis and conclude that the Fed is trapped. They end with some tips on where individuals and investors can go to with their money.

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The Agenda Of Our Leaders For The Coming 4 Years

| December 30, 2012 | Articles: General

Lindsey Williams is the man who, because of his contacts in the oil industry, correctly predicted that the world price for oil would fall from roughly $140.00 per barrel to less than $50.00 per barrel. He confesses how the high level agenda’s of our leaders look like, at least for the coming four years. He explains five trends that will prevail in the coming four years. He mentions also the objective for the price of gold: by 2016, it should go to $3,000 to keep pace with the debt creation.

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