Tag Archives: US dollar

If/When the US Dollar Collapses, What Will Gold be Priced in?

If/When the US Dollar Collapses, What Will Gold be Priced in?

In August we reported that the global share of US-dollar-denominated exchange reserves dropped to 59.0% in the fourth quarter of 2020. This was the 5th straight year of falls and matched the 25-year low of 1995. As a result more people are thinking about a potential collapse of the US dollar. We recently had someone […]

The Strengthening NZ Dollar and How This Affects Gold Bought in NZ in 2021

The Strengthening NZ Dollar and How This Affects Gold Bought in NZ in 2021

Gold, Silver and NZ Dollar Exchange Rates: A Reader Question With the New Zealand dollar jumping sharply over the past couple of weeks (up over 4%), here’s a question you might also have been pondering. What is the point in buying bullion here in New Zealand if the NZ dollar remains strong or continues to […]

Global Monetary System Change: Will China Take Over the Reserve Currency Role?

GLOBAL MONETARY SYSTEM CHANGE: WILL CHINA TAKE OVER THE RESERVE CURRENCY ROLE?

US Dollar Share of Global Reserve Currencies Drops to 25 Year Low The USA’s financial response to COVID19 has raised concerns over the greenback’s prospects, as emerging economies such as China and Russia continue to diversify their holdings out of the global reserve currency. As a result, the global share of US-dollar-denominated exchange reserves dropped […]

What Would Happen to the NZ Dollar When the US Dollar Collapses?

What Would Happen to the NZ Dollar When the US Dollar Collapses?

The US dollar has fallen significantly since initially spiking higher in March last year during the initial stages of the corona-panic. As a result we are seeing more talk in the media of a US Dollar collapse. We even shared some thoughts on this topic in last week’s newsletter. (See: “A US Dollar Crash This […]

Deutsche Bank: New Zealand Dollar the Most Expensive of Major Currencies

The New Zealand Dollar has been falling in value lately compared to the US dollar. The Kiwi dollar has also been losing value against its fellow commodity currencies, the Australian and Canadian dollars. Looking at the chart of the NZ dollar against the US dollar, the Kiwi dollar is getting close to the next level […]

What is the Hyperledger?

There is certainly a lot of debate and side taking in the cryptocurrency versus gold debate (a debate we’re not actually sure is the right debate to even have). Jim Rickards has put himself squarely in the gold camp. In this article he discusses the Linux Foundation’s open source project called the Hyperledger.  However we […]

Prospects for Gold if China Issues Oil Futures Backed by Gold

Last month we commented on how China looks to be preparing to release a yuan-denominated oil futures contract that is convertible (backed by) physical gold. Our favourite, Billionaire Hugo Salinas Price, has taken a closer look at this plan – well as much as is known about it anyway. As a result he has arrived at […]

China Begins To Reset The World’s Reserve Currency System

Some interesting news broke this week concerning the latest developments in the dethroning of the US dollar as in the world’s reserve currency system. Dave Kranzler of Investment Research Dynamics comments on the news from Nikkei Asian Review that China is preparing to release a yuan-denominated oil futures contract that is convertible (backed by) physical gold. […]

Gold Stocks: Good Times Are Near

Stewart Thomson outlines why he believes gold is consolidating before its next move higher above the key US$1300 level. And how this will likely be what finally gets gold mining stocks (shares) moving higher… Gold Stocks: Good Times Are Near Graceland Updates By Stewart Thomson After rallying almost $100 an ounce from the July lows […]

The Dollar and the Oil Market May be About to Change Forever

The Quarterly Incrementum Advisory Board discussions are always a good read. Ronni Stoeferle and his team at Wealth Management firm Incrementum AG provide plenty of insight into gold and the global economy and monetary system. The most recent notes are just out and here’s what each member of the board discussed: Luke Gromen: ► The […]