If you want to understand the present Currency War taking place, which is a “race to the bottom” for nations who want their own currency to be devalued, you need to spend ten minutes reading the following three essential articles: Currency Battle Could Start Hurting Corporate Earnings Currency War? Why Countries Are Rushing to Devalue [...]
This is a great short interview of Jim Rogers, legendary Wall St. guy. In it, he shares his contempt for Washington, D.C. hacks along with his view that world governments are headed down exactly the wrong path with their currency strategies. In his view, they are printing money to solve difficult problems, but they are [...]
What might not be obvious to all casual observers of the currency market is that the currency wars everyone has been talking about in the press are wars between nations to have lower currency values, not higher ones. The reason is obviously to increase demand for each country’s goods and services. If the USD is [...]
Socialists never learn from failed policies…they always come back and try them again. The first set of stimulus and bailout funds worked so well to jump start the economy that we’re apparently ready to double down and try it again. The problem is…if it worked so well the first time, why are we still talking [...]
It appears that the search for prosperity has helped drive currency trading to new heights of worldwide popularity. I can see why. The leverage is powerful, and with the ability to make money in any prevailing market trend, bullish or bearish, this trend will only continue. With the collapse of the dollar creeping up on [...]