Russian officials had teased that the BRICS would move to establish a currency backed by gold. That may continue to be a long-term goal, but it’s not happening quite yet.
A major crisis is in our near-term (5‒8 years) future. We don’t know the precise timing or nature of the crisis, but the patterns indicate one is coming and could be severe.
Brickman says it will take something significantly larger than a typical black swan to put a stake through the dollar and for the pursuit of true price discovery on gold and silver.
The foundation of faith in the US Dollar is shaky. Is there another pillar keeping the dollar steady, such as the “tech-dollar,” and if so, could it prolong the dollar’s reign?
BRICS currency is not happening. There is no dollar collapse to be found there, and the US will create its own economic collapse long before that happens anyway.
Founder of TF Metals Report, Craig Hemke analyzes the nuances and risks associated with buying options; plus the rate-cut cycle potential to ignite a gold-breakout.
Fed's Dudley says good-bye to bonds, and S&P downgrades a swath of US banks. Expect bank troubles to be made worse by the devaluation of commercial real estate.
