The latest news to worry investors is the prospect of a trade war. The big problem here is that the post-Second World War global economy isn’t really designed for balanced global trade. It was for a little while. But as the US began to consume more than it produced in the 1960s, gold started leaving Fort Knox to balance the tab.
With Trump’s tax cuts now in effect, US capital outflows will increase significantly this year and beyond. Given the stronger activity this is likely to generate, the current account deficit will probably rise above US$500 billion again in 2018. In short, that’s a big supply of US dollars...
If gold price breaks through US$1,370 it could indicate the start of a new long term uptrend. And this is why it’s rising. The real story behind gold’s rise — and the biggest financial story you’ve never heard of this year — is the declining US dollar.
US, South Korean and Japanese aircraft have carried out a show of force. As markets react to the oscillating tensions in the Pacific, there are both opportunities and dangers, and plenty of them.
No other topic is dominating headlines at the moment like Trump’s verbal assault on North Korea. The US president has promised ‘fire and fury’ in response to..
This year Bitcoin will go mainstream. Bitcoin is rapidly becoming a legitimate alternative to the fiat dollars we have offered to us today.
We're entering the next phase of the financial world, but It’s hardly news that the mindset of central banks is in the process of changing.
When stocks in general are in a bull market, it’s futile to think every correction is the start of something big. There’s a very small chance you might be right.
Trump has the opportunity to fill more seats on the Fed’s board of Governors than any president since then. His influence goes further than that, however.
Aussie miners, BHP Billiton Ltd [ASX:BHP] and Rio Tinto Ltd [ASX:RIO] both took a heavy beating today, as commodity prices fell following gains in the USD.