Chinese Government to Citizens: Buy Gold and Silver
Historically, the Chinese have exerted very little impact on speculative investments; however, times are certainly changing.
The reason the US dollar index isn’t a good indicator is due to the way it is calculated.
Historically, the Chinese have exerted very little impact on speculative investments; however, times are certainly changing.
The factors that led to the demise of the first currency of the United States are the same that are leading the assault on the current US dollar. History shows us that when fiat currencies fail, precious metals remain as a standard of wealth….
Inflationary practices are the primary driver of growth in the value of precious metals, and they are already in play to combat the credit crunch. Although the Federal Reserve is planning its exit strategy, there is little chance one will actually be enacted – which means that inflation will continue to bulldoze the value [...]
At the foundation of any macroeconomic theory, the trade balance is one of
the most important economic indicators. The trade balance is the calculation of the difference between how much a country exports and how much it imports. In the United States, the trade balance has been in the negative for decades due to [...]
