Dollar Hegemony's ending being noticed
Submitted by gjohnsit on Mon, 07/17/2023 - 1:15pmThe dollar had its worst week since November.
USD
The Weekly Watch
Submitted by Lookout on Sun, 10/28/2018 - 6:43am
Turning the Corner
It's Halloween, Day of the Dead, and All Saints Day rolled into one this week. After all we are midway into fall, halfway between the equinox and the solstice...one of the four corners of the year. The US election looms, and Brazil's election is today...both seem rigged to me. Central American refugees migrate north toward probable conflict and violence. Stronger and more frequent storms have become the norm. The market is falling and the dollar's international supremacy slips more every day. I jokingly suggested several months ago TPTB planned to reduce global warming with a nuclear winter...I hope I wasn't prescient...as the US withdraws from nuclear treaties and continues to increase our stockpile of destruction.
Are you scared yet? We might already be...
Forget the stock market. We are all getting poorer under Trump
Submitted by gjohnsit on Sat, 02/03/2018 - 4:55pmMost of us have very little in the stock market.
However, what little we have is priced in dollars. So what has happened to the dollar since Trump took over?
Ever since President Trump entered office, the world has sold bonds and dollars. Lol, this is not what you want if you're in the business of selling US debt. pic.twitter.com/xlcOL1A9Pw
NAFTA, China, and the Dollar
Submitted by gjohnsit on Wed, 01/10/2018 - 4:03pmTwo pieces of news came out today that could have dramatic effects on how far you can stretch your paycheck.
First of all is the news out of Canada.
US Terrorizes China; China Pulls the Golden Trigger.
Submitted by Pluto's Republic on Mon, 05/25/2015 - 12:06amAll week I've been seeing references to this headline:
"China could announce that it holds 30,000 tons of gold to back the Yuan/Renminbi."
As a Forex trader, the story took me by surprise, even though China has been stockpiling for years, and is the world's largest gold producer. Also, it's not like China to pull this trigger so fast. However, in the South China Sea last week, the US started militarily terrorizing China with war ships and fighter jets — and China warned (in so many polite words) that the US planted the seeds of its own doom.
So, maybe that's what this is all about.
