14 May 2024 By Huileng Tan, Business Insider: Gold prices are on a tear recently thanks to strong buying by central banks — a signal that the precious metal is increasingly seen as a geopolitical hedge. Last week, a top International Monetary Fund official pointed to gold’s role in a potential fragmentation of the global economic and financial […]
Central Banks Turn to Gold as Hedge Against U.S. Dollar Dominance Read More »
By William Edwards, Business Insider: The godfather of the inverted yield curve warns a recession is likely coming in 2024 — and shares the 4 reasons why a downturn will be harder to avoid than last year. Cam Harvey, the economist who discovered the Treasury yield curve’s ability to forecast recessions, is reiterating his call
Recession Predicted for 2024 by Economist Cam Harvey Read More »
14 June 2023 By James Rickards, dailyreckoning.com: The de-dollarization story is everywhere. You see it in publications from The New York Times to The Economist and in financial media including CNBC, Fox Business and Bloomberg. The idea is that countries around the world are preparing to ditch the dollar. This takes many forms including efforts by China to pay
4 March 2023 By Jon Wolfenbarger, mises.org: Over one hundred years ago, Austrian economist Ludwig von Mises discovered what causes the boom-bust business cycle. As Mises explained, the boom is caused by central and commercial banks creating money out of thin air. This lowers interest rates, which encourages businesses to borrow this newly created money to
14 February 2023 By Anna Golubova, kitco.com: Gold will increase in value while the U.S. dollar drops, said Paulson & Co. founder John A. Paulson. And that is the hedge fund manager’s outlook for this year, the next three years, and the next five years. “There has been a significant increase in demand from central
22 August 2022 By Dean Arif, MY Bullion Trade Definition of Money Money is anything that is generally accepted as payment for goods and services and repayment of debts. The main uses of money are as a medium of exchange, a unit of account, and a store of value. Aristotle on good money Aristotle (384
24 Feb 2022 By David Lin, kitco.com: Tensions continue to rise in Eastern Europe as Russian President Vladimir Putin vowed a “strong response” to the West if sanctions continue. Frank Holmes, CEO of U.S. global investors said that gold has historically performed well during political crises and sees the price climbing as much as 50%
24 Sep 2021 By John Detrixhe, Quartz: Central banks like the US Federal Reserve are printing more paper money than ever. But Cornell University economics professor Eswar Prasad, who published a new book on the future of money, thinks cash has outlived its usefulness. Prasad’s book, The Future of Money: How the Digital Revolution is Transforming Currencies and
I just hit the mid-forties mark: a man’s peak performance milestone where there is a good balance in areas of health, wealth, maturity, experience & knowledge. And true to my peers of the same age, we are at the crossroads of one of the most serious crises in world history. We ARE living history, yet
Global Research E-Book, Centre for Research on Globalization (CRG) By Prof Michel ChossudovskyGlobal Research, January 17, 2021
