Sponsored Content How much value has the U.S. dollar lost over the past 100 years? From 1921 to 2021, the greenback shed 93.5 percent of its value. That’s a loss of 0.93 percent per year. Disturbing? Then you probably haven’t heard the most recent report from the U.S. Bureau of Labor Statistics (BLS). In short,…
Inflation Fears Spark Renewed Gold Rally
Gold prices have slumped this year, falling about 2 percent. The stock market bull run, a strengthening U.S. dollar, and immense investor confidence have weighed on the precious metal for much of 2021. A global inflation surge and growing economic concerns have sparked a more than 5 percent gain for the yellow metal. After recently…
US Dollar Reserve Currency Status Not at Risk: Strategists
News Analysis The U.S. dollar has had a tremendous 2021, defying the market’s bearish expectations since the beginning of the year. Over the last 18 months, the consensus on Wall Street has been that the dollar would endure significant weakness amid inflation worries, historically low interest rates, and investor confidence in a recovering global economy….
US Dollar, Yen Gain After Weak China Data, Amid Unrest in Afghanistan
August 16, 2021
admin
Business & Economycommodityconsumer sentimentEconomieseconomyInternationalMarketsU.S. dollarUSUS NewsWorld
0 Comment
NEW YORK/LONDON—The dollar rose on Aug. 16 against commodity currencies such as the Australian and Canadian dollars, while the safe-haven yen gained at a time of disappointing economic data from China, political tension in Afghanistan, and the spreading Delta virus weighing on risk appetite. The dollar’s gains came after recent losses from a slump in…
The End of the Gold Standard: 50 Years of Monetary Insanity
Commentary This year marks the 50th anniversary since President Richard Nixon suspended the convertibility of the U.S. dollar into gold. This began the era of a global fiat money debt-fuelled economy. Since then, crises have been more frequent but also shorter and always “solved” by adding more debt and more money printing. The suspension of…
Beyond the Dollar: China’s Plan to Replace US Treasuries
News Analysis Beijing experienced limited success in its quest to overtake the U.S. dollar as the global trade currency. But it may have an easier time convincing the world of its government bonds as an investment alternative to U.S. treasuries. So far in 2021, Chinese government bonds have far exceeded the performance of their U.S….
First Gold Bond in 87 Years Circumvents Federal Reserve
Commentary As an escape from the dollar, an Arizona-based firm has revived a gold-standard remnant. In January, Monetary Metals issued a bond denominated in gold, the first of its kind in the United States in 87 years. Although this bond has garnered little fanfare, it’s a symbol of rising eagerness to opt out of Federal…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`