Currency

There can be no doubt that we are living in one of the most financially challenging and dangerous times in our nation’s history. So, forget making money, for just a minute. It used to be that when the stock market got turbulent and Treasury returns were low, there were two common places for people to

On CNBC’s “Trading Nation” yesterday, Stephen Roach, a Yale University senior fellow and former Morgan Stanley Asia chairman pointed out what should be common investor knowledge, like every fiat currency on the planet, the dollar is doomed, but in the short term, it’s in for a steep decline in value. Roach suggests it could be

Throughout most of the 20th Century, the United States enjoyed outstanding financial benefits by having the dollar serve as the global reserve currency of choice. The U.S. was an obvious choice, because it was blessed with a stable political climate, a robust and growing national economy capable of absorbing a great deal of unforeseen economic

Since its debut as the world’s petrocurrency in 1974, it’s been the concerted intention of China (and others) to discount, destroy, or at the very least replace the Dollar as the premier world currency. The petrodollar arrangement became the cornerstone of U. S. Dollar stability. China’s President, Xi Jinping, took office in March of 2013

American Bullion remains skeptical of the prospects for the U.S. dollar. While it remains true that the dollar’s value depends on a huge number of factors—and its resilience has surprised in the recent past—most major economic indicators appear to work against a stronger dollar in 2017 (and beyond). The U.S. dollar remains the world’s most

The International Monetary Fund (IMF) is not nearly as loquacious as the Federal Reserve Board’s Federal Open Market Committee. But more and more frequently, new details are coming out about a deep-seated desire on the part of the IMF to do away with dollar dominance, and eventually the entire basket of approved global reserve currencies