Overnight Tuesday, gold in US dollars closed below the July low of $1080. It dipped to a low of $1065.60 by late morning New York time before closing higher on $1069.30 for a daily decline of around $15 per ounce. You can see in the chart below this is a clear break below the July lows. […]
Tag Archives: US dollar
18
Nov
Nov
We haven’t posted anything from Stewart Thomson in a while, but of late he’s had a rather different take on the possible US interest rate increases (maybe, one day, eventually!) and their impact on gold. He outlines why he believes raising US interest rates would actually increase inflation, lower real (after inflation) interest rates and […]
13
Aug
Aug
With the announcement this week of China’s Yuan devaluation getting plenty of coverage, we’ve got a slightly different take on it below from J.S. Kim. His angle is not the majority view that they have done it solely to boost their exports though. Read on to find out… Another Strong Signal Yesterday to Own More Physical […]
30
Jul
Jul
We read this excellent summary of where gold is at by Jim Rickards yesterday and thought it was worth sharing with you in full. For New Zealand readers it’s worth noting his point that it is a strong dollar rather than weak gold. The New Zealand dollar has also been affected by this of late and […]
11
Jun
Jun
We’ve posted this article chiefly for the infographic contained within it showing just how much the global monetary system has changed in recent years. Read on and you’ll see visually just how strong the move away from the US dollar has been. We’re not necessarily of the opinion that the US dollar is going to “die” completely, […]
26
May
May
Have you heard us or others write or speak about an “Hegelian Dialectic”? We can’t recall if we’ve given a definition of it before, but now is a good time as this video with Chris Duane discusses it without actually defining what it is. So here’s our understanding of Hegelian Dialectic… Named after a 19th century […]
14
Jan
Jan
See how if oil continues to fall to $40 a barrel, it could set off a cascading 2008-style financial collapse… Make No Mistake, the Oil Slump Is Going to Hurt the US Too By Marin Katusa, Chief Energy Investment Strategist If you only paid attention to the mainstream media, you’d be forgiven for thinking that the […]
14
Jan
Jan
The New Year is here and the sun is shining across the length and breadth of New Zealand it seems! While many are still lazing on the beach, we take our usual look back at how gold and silver performed in NZ dollars during the past year. Then we’ll have a crack, as always, at […]
26
Nov
Nov
Here’s an interesting tale of a discussion with a high ranking US military official looking at how the US sees Russia… Breakfast with a Lord of War By David Galland, Partner, Casey Research For reasons that will become apparent as you read the following article, I was quite reluctant to write it. Yet, in the […]
18
Nov
Nov
The Looming Uranium Crisis: Strategic Implications for the Colder War By Marin Katusa, Chief Energy Investment Strategist In the wake of one singular event—the disaster at Fukushima in March 2011, the effects of which are still being felt today across the planet—nuclear power has seemingly fallen into utter disrepute, at least in the popular mind. […]