Showing posts with label Gold & US Dollar. Show all posts
Showing posts with label Gold & US Dollar. Show all posts

Wednesday, 30 April 2025

Different agenda's and various outlooks

Gold (in USD) is firmly into the $3xxx. The election of D. Trump caused a gold slide from close to $2800 to around $2560. It proved to be short lived. Though by end 2024 the gold price only regained little, closing the year at $2625.

Saturday, 30 November 2024

Mixed blessings of political turmoil and warfare

The highest NYMEX closing price of Gold has been $2,786.9 on Oct 30. Escalations of the war in the Ukraine and of Israel on two fronts against Hezbollah in Lebanon and Hamas in Gaza have been and still are the main drivers of rising gold prices.

Wednesday, 11 September 2024

Currency crisis coming

Currency Crisis Coming: Peter Schiff predicts the dollar's demise if Kamala Harris wins the presidential election and four years of loose fiscal policy make the debt balloon.

Friday, 29 December 2023

World Currency System Documentary

Another good watch from a decade ago, which could well have been published today. Public debt has only been growing, doubling about every 8 years in the US. With interest rates rising, the revenues needed to service that ballooning debt simply are not there anymore. If additional credit is needed to pay for the interest on the principal, the pace of debt increase is likely to spiral out of control. Let's focus on the documentary now:

End Of The Road: How Money Became Worthless - Wall Street is being occupied. Europe is collapsing in on itself. Around the world, people are consumed by fear and anger, and one question is on everyone's lips: Is the financial crisis over, or are we headed towards economic disaster? End of the Road is a documentary that chronicles the global financial collapse.

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