The BRICS expansion is a major catalyst for the ultimate demise of the U.S. dollar, with the additional five new members accelerating the de-dollarization process as they increase trade in local currencies and buy and sell oil not using the dollar, thereby further destabilizing the petrodollar, warned Andy Schectman. On top of the shifting mindset […]
Simply put, the corrections in Gold and Silver are coming to a close. The peak in the 10-year and the DXY will signal the beginning of the rally to new record highs in Gold. My target for Silver is 28-30. Then the 10-Year will fall below its low of 3.78% while the DXY breaks 100 and
From Dystopia to Utopia in Gold & Silver Read More »
In their recently published 2024 outlook, analysts at AuAg Funds said they expect to see a 20% rally in gold prices this year, pushing the market past $2,400 an ounce. “We believe that central banks will shift away from rate hikes and adopt a more accommodative policy stance in 2024, which will catalyze a substantial
When you envision retirement, do you think of site seeing the U.S., traveling across Europe, or spending more time with grandchildren, friends, and family? While past generations were able to enjoy these retirement pastimes as early as age 55, the reality now is that many Americans may never gain the opportunity to fully retire. Data
Gold Can Protect & Grow Your Financial Future ~ Secure Your Retirement Goals! Read More »
“Investors are paying more attention to gold because they don’t want to be blindsided in 2024,” he said. The rapidly deteriorating globalization trend, which is eroding systemic trust, poses the biggest risks for the global economy in the next two years, according to the latest research from the World Economic Forum (WEF ). “Investors are
Disinformation and Deglobalization Are Top 2024 Risks Amid Busy Election Season – WEF Read More »
A recent report by the Congressional Research Service (CRS) noted, “Of particular concern is that the new interest rate environment could accelerate the timeline for reaching a ‘tipping point’ where GDP growth is persistently and adversely affected or a default on the debt… becomes imminent.” As deficits persist at historically high levels and the national
US National Debt Tops $34T: How Much Debt Is Too Much Debt? Read More »
The number of US corporate bankruptcies rose 30 percent in the 12 months to September compared with the year-ago period, according to court data. Corporate bankruptcies are increasing at double-digit rates in most advanced economies as borrowing costs rise and governments unwind pandemic-era measures to support businesses worth trillions of dollars. “We observe the rise
Bankruptcies Soar as High Rates and End of Covid Aid Hit Businesses Hard Read More »
Gold finished the final trading day of 2023 trading at $2,063.45, posting a 13.5% gain for 2023. Many analysts are predicting hundreds more in gains in 2024. (Kitco News) – If you told investors in September of last year that by the end of 2023, the gold price would be closing higher than the year,
Gold Closes out 2023 Above $2063, Technicals Point to Price Gains in January Read More »
There is no excerpt because this is a protected post.
Protected: US National Debt Tops $34T for First Time in History Read More »
Harry Dent warns an ‘everything bubble’ will burst in the new year “Since 2009, this has been 100% artificial, unprecedented money printing and deficits; $27 trillion over 15 years to be exact. This is off the charts, 100% artificial, which means we’re in a dangerous state,” Harry Dent told Fox News. “I think 2024 is
US Economist Predicts 2024 Will Bring ‘Biggest Crash of Our Lifetime’ Read More »
