The old saying that you should be careful what you ask for–you just might get it–applies in spades to Helecopter Bernanke’s pressure on China let the Yuan appreciate vs. the Dollar. Washington, D.C. has been throwing its weight around in diplomatic circles, trying to cajole China into “playing fair” and letting their currency float subject [...]
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 [...]
Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown is not your typical ITEOTWAWKI kind of book. FYI, I’m not a permabear. In fact, I’m naturally an optimist and have discounted the bullish potential of gold and bearish potential of the USD until recently, when I started understanding the fundamentals at work that [...]