The entire protectionism of the Great Depression was set off by (1) economic implosion in Europe reduced sales to Europe, and (2) the rise in the dollar reduced the competitiveness of US goods and lessened the cost of imports.
China would outlast the U.S. in a trade war, which is a “distinct possibility” next year after President-elect Donald Trump takes office, a commentator wrote in the $1 billion Pine River China Fund’s investor letter.
The dollar dropped the most in two weeks while oil retreated from its highest close in 17 months as investors prepared to close out a volatile year for financial markets. European stocks slid from a 2016 peak.
WHAT IS GOING ON BEHIND ON SCENES ON THE INCREASED ACCUMULATION OF GOLD BY RUSSIA?
Bob is more bullish than he’s ever been on precious metals (PMs) & points to a 20+ year low in investor sentiment on PMs...
Gold has burst out of the short term down channel, Recent action of the “smart money” commercial traders is very positive.
Longer term, gold could retain some appeal as an inflationary hedge should the stimulus plans ignite unexpected inflation that leaves the Fed behind the curve.
That is far too long for a dollar bull market to last, greatly increasing the odds that a new bear market is looming.
The prices of gold and silver are always moving, influenced by factors such as current events, market speculation, currency fluctuations, and supply and demand. In 2016, there were several events that influenced the highs and lows of the gold and silver market. For investors, staying on top of these fluctuating prices is crucial to financial success. Here are some of the events that affected the market the most:
The means to the Great reset is in place and moving forward. Physical gold will be between $3000 and $5000 bid and offered by China, Russia and others. Here […]
Stewart Thomson Explains Why Gold May Be In the First Stage of a SIGNIFICANT Rally:
Hot on the heels of China gold import restrictions, and India's demonetization and gold confiscations, The European Commission proposed tightening controls on cash and precious metals transfers from outside the […]
This is why they want to do everything they can to stop Bitcoin. But, they can’t...
Bottom line: It matters where you put your money. They evidence is pretty obvious that banks are not risk-free. Why take the chance?
The Question Is: What Happens When That Confidence Is Lost?
Yale Professor Robert Shiller discusses his outlook for the U.S. housing market under a Trump administration.
Banking concentration in the U.S. has reached an unprecedented crisis level when it comes to deposits....
Call me crazy if you wish, but someone needs to wake up and think differently about the future. If President-elect Trump or advisors like Larry Kudlow can’t, then I’ll simply keep pounding the table until they hear me. That I promise you.
Former Argentine President Cristina Fernandez was indicted on Tuesday on charges she ran a corruption scheme with a public works secretary who was arrested in June while trying to stash millions of dollars in a convent.
The Static and the Dynamic — How to go bankrupt and be loved by the many –Piketty’s equals