Greatly reduced trade on a global scale means greatly reduced need for a trade currency. Therefore, much less demand for the US dollar.
As gold marches ever higher, silver continues to lag, like a kid more interested in sniffing flowers than keeping up with his parents’ pace.
Americans also have the threat of violations of their rights by hackers. The government has a poor track record of protecting the data of US citizens.
The U.S. dollar has fallen sharply since the start of the year, which has boosted commodity prices, especially metals like gold and silver, due to their inverse relationship.
Gold’s record run has been nothing short of astounding, and it appears the bulls have plenty of strength left in them.
Recently, Powell has targeted tariffs as a variable that could hamper the Fed’s ability to accomplish its objectives and fulfill its responsibilities.
Parents are rightly concerned about what is happening in our “public” schools.
If the U.S. dollar collapses, other currencies won’t survive. All fiat would go up in smoke.
In other words, central banks are stockpiling gold to be prepared for when the fiat currency system eventually breaks down.
Destabilizing influences are rapidly diminishing the dollar. Is it a conspiracy?
