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Gold on track for small weekly loss as dollar strengthens
BySirhcPublished: Feb 8, 2019 8:11 a.m. ET 0 By William Watts DEPUTY MARKETS EDITOR – MarketWatch Gold futures edged higher early Friday but remained on track for a small weekly loss in the face of a stronger U.S. dollar, though bulls remained encouraged by the haven yellow metal’s resilience. Gold for April delivery GCJ9, +0.34% on Comex was up $2.20, or…
How China & Russia’s De-Dollarization Could Boost Record Gold Rally
BySirhcChina and Russia are ditching the U.S. dollar at a faster pace. In the process, they are fueling the record rally in gold. In U.S. dollar terms, the price of gold has hit a new record high at $2,055. Strategists and politicians fear that the U.S. dollar is at risk due to various macro factors….
How fast will U.S. dollar sink?
BySirhcBy Patrick A. Heller According to current U.S. government projections, it will need to increase outstanding debt by $12 trillion over the next decade. That is going to be a huge problem. Such a massive increase in debt, by itself, is an indicator that the value of the U.S. dollar is destined to fall. If…
NY Fed Announces Extension Of Overnight Repos Until Nov 4, Will Offer 8 More Term Repos
BySirhcCourtesy of ZeroHedge by Tyler DurdenFri, 10/04/2019 – 14:01 Anyone who expected that the easing of the quarter-end funding squeeze in the repo market would mean the Fed would gradually fade its interventions in the repo market, was disappointed on Friday afternoon when the NY Fed announced it would extend the duration of overnight repo operations…
The History Of Interest Rates Over 670 Years
BySirhcon November 15, 2019 By Nicholas LePan Today, we live in a low-interest-rate environment, where the cost of borrowing for governments and institutions is lower than the historical average. It is easy to see that interest rates are at generational lows, but, as Visual Capitalist’s Nicholas LePan notes below, did you know that they are also at 670-year…