U.S. dollar

USD-CAD Exchange Rate: Canadian Dollar Battering Could Last For Decade

By Friday, August 21, 2015
USD-CAD Exchange RateImage by rick
The Canadian dollar has plunged this year. And this might only be the beginning, according to analysts at Macquarie Capital Markets. In July, the Canadian dollar dipped to its 11-year low against the mighty greenback. Right now, one Canadian dollar would only get you 76 cents in USD. Back in July 2011, a Loonie would get you more than one USD. That was a more than

Economic Collapse: Venezuela’s Currency is So Worthless, People Are Using Money as Napkins

By Friday, August 21, 2015
Economic-CollapseSoaring inflation in Venezuela has left the country’s currency virtually worthless, leaving the troubled nation on the verge of economic collapse. But while economists try to describe the nation’s turmoil with facts and statistics, the story of Venezuela’s struggles was perhaps summed up best in a Reddit forum. On Monday, user “Victorinox126” posted a photo of a man holding his empanada with a Venezuelan two-bolivar bill as a napkin. The .

Donald Trump: China Devalued Yuan to “Suck the Blood Out of the U.S.”

By Friday, August 14, 2015
Donald Trump on China DecisionThe Republican frontrunner Donald Trump slammed China over the People’s Bank of China’s decision to devaluate its currency, saying “devalue means suck the blood out of the United States.”   “[China] continuously cuts their currency, they devalue their currency,” Trump addressed China devaluing its currency during a speech at the Lincoln Day dinner in Birch Run, Michigan; “They’ve been doing this for years—this isn’t just starting.” Following a slump in China’s .

Peter Schiff: Get Ready for a U.S. Dollar Collapse

By Thursday, August 13, 2015
Peter SchiffWhile investors fret about China’s recent currency devaluation, they should be more concerned about a stock market crash and U.S. dollar collapse in 2015, according to noted investor Peter Schiff. “The dollar is very overvalued, and the dollar is a bubble,” CEO of Euro Pacific Capital Peter Schiff said in an interview with Newsmax TV. “This dollar bubble is going to burst.” (Source: Newsmax TV, August 13, 2015.) .

Peter Schiff: Federal Reserve ‘Going to Do QE4’

By Wednesday, August 12, 2015
U.S. Dollar Collapse In a stunning move, the Chinese central bank devalued its currency to support exports and boost its struggling economy. But according to famed investor Peter Schiff, China is too late. He believes that the U.S. already has an edge when it comes to debasing currency. “America is going to win the currency war,” he said in an interview with CNBC’s Futures Now on Tuesday. “I think we’re going to win, .

Economic Collapse: EUR/USD Exchange Rate Could Crash 20%

By Wednesday, August 5, 2015
Economic CollapseIf you think Greece is holding back the eurozone from an economic collapse, you may be mistaken. At least, that’s according to former hedge fund manager and Goldman Sachs alumnus Raoul Pal. In an interview with CNBC’s Fast Money on July 31st, the publisher of the Global Macro Investor newsletter and the founder of Real Vision TV, said “Germany is the big exporting nation of Europe, and I see .

Goldman Sachs: Gold Prices Could Fall Below $1,000

By Wednesday, July 22, 2015
Gold PriceGold prices could plunge below $1,000 an ounce. At least, that’s the latest gold price forecast from Goldman Sachs commodity research headJeffrey Currie. “The risks are clearly skewed to the downside in this environment,” he told Bloomberg in a telephone interview on Tuesday. “There is a probability that the market trades below US$1,000 this year given our broader commodity view.” (Source: Goldman Sachs: This Could Send Gold Prices Below $1,000, .

NASDAQ: Stock Market Rallies on Strong Earnings

By Monday, July 20, 2015
NASDAQSource: Wikipedia
The NASDAQ opened slightly higher on Monday July 20th, as Greece reopened its banks and started the process of paying off billions of euros owed to the International Monetary Fund (IMF). European equities soared to six-week highs on Monday as Greece began to return to normality after a deal to agree on a new bailout package. Volatility has been decreased in the eurozone with Monday marking the first

NASDAQ Hits Record High on Google Inc. (GOOG) Earnings, Economic Data

By Friday, July 17, 2015
NASDAQ Hits Record HighThe NASDAQ opened higher on Friday July 17th after strong earnings results from Google Inc. (NASDAQ/GOOG, GOOGL) and positive economic data. This could eventually give clues on the timing of an interest rate increase. The U.S. dollar is heading for its biggest gain since May after economic data increased the possibility of an interest rate hike. In China, the Shanghai Composite Index rose more than three percent as the government .

NASDAQ Opens Higher on Strong Economic Data

By Thursday, July 16, 2015
NASDAQ Opens Higher Economic DataThe NASDAQ opened higher on Thursday, July 16th, as investors cheered a Greek bailout approval and strong corporate earnings. European stocks climbed and bond yields fell on Thursday after the Greek’s parliament approved a proposed bailout plan. Eurozone stocks rose 1.5% to 3,676 points and Germany’s DAX rose 1.6% to 11,722 points. Federal Reserve Chair Janet Yellen insisted the U.S. is on track to raise interest rates this year. Amid .
Sep. 3, 2015
Trailing 12-month EPS for Dow Jones companies (Most Recent Quarter) $1014.15
Trailing 12-month Price/earnings multiple (Most Recent Quarter)


Dow Jones Industrial Average Dividend Yield 2.62%
10-year U.S. Treasury Yield 2.19%

Immediate term outlook:
The bear market rally in stocks that started in March 2009, extended because of unprecedented central bank money printing, is coming to an end. Gold bullion is up $1,000 an ounce since we first recommended it in 2002 and we are still bullish on the physical metal.

Short-to-medium term outlook:
World economies are entering their slowest growth period since 2009. The Chinese economy grew last year at its slowest pace in 24 years. Japan is in recession. The eurozone is in depression. With almost half the S&P 500 companies deriving revenue outside the U.S., slower world economic growth will negatively impact revenue and earnings growth of American companies. Domestically, America’s gross domestic product grew by only a meager 2.3% in the second quarter, which will negatively impact an already overpriced equity market.


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From: Michael Lombardi, MBA
Subject: Gold: The Stock Contrarian Investors’ Best Play of the Decade

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