U.S. Dollar
Analyst: World on Verge of U.S. Dollar Collapse One economist is predicting that U.S. dollar will soon be replaced by another monetary unit as the world’s reserve currency. Could this mean a U.S. dollar collapse is now inevitable? Famous Dutch economist and hedge fund manager, Willem Middelkoop, predicts…
Will This Threaten a U.S. Dollar Collapse in 2016? The International Monetary Fund (IMF) has approved the inclusion of the yuan (or renminbi), the Chinese currency, in its basket of reserve currencies, threatening a U.S. dollar collapse. The IMF’s Executive Council, which brings together representatives of the Washington-based…
Think the U.S. Economy is Safe? This Will Change Your Mind The Federal Reserve’s reckless monetary policies have damaged the global economy and risk sparking a U.S. dollar collapse in 2015. At least, that’s the opinion of famed market commentator Peter Schiff. During a speech at the Jackson…
While 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…
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…
According to the Congressional Budget Office (CBO), the U.S. budget deficit will grow from three percent of gross domestic product (GDP) today to six percent of GDP by 2040. (Source: Congressional Budget Office, June 16, 2015.) With the CBO expecting GDP in 2040 to be $31.4 trillion, six…
The U.S. dollar index fell to a one-month low, indicating traders don’t expect the Federal Reserve to hike interest rates later this year as many analysts now expect. The dollar index, which measures the value of the dollar against a basket of major foreign currencies, fell one percent…
The U.S. dollar has risen significantly against other major currencies over the last few months. This already has and will continue to negatively affect U.S.-based companies with global operations. This isn’t rocket science; as the U.S. dollar increases in value, companies with business outside of the U.S. will…
The euro-to-U.S.-dollar value is headed in a downward direction, despite an improving European economy. Investors should follow the lead of the European Central Bank (ECB) and cease to let economic growth forecasts fool them. A year ago, the euro was worth US$1.38. As it currently stands, the euro…
The BRICS countries (Brazil, Russia, India, China, and South Africa) are vying for an alternative to the U.S. dollar for financing and trade, upending the status quo and posing a threat to the American currency. But what exactly does this BRICS threat to the U.S. dollar mean for…
Despite being the global reserve currency, the U.S. dollar has been a second-rate currency, trading in the doldrums. At least that was until last July when it began to show signs of life. Since then, the U.S. dollar index has risen more than 21%. But why is the…
The possibility of capital controls coming to the U.S. is not as much of a stretch as you may think. Consider the precedents and don’t be caught off guard. Capital controls are any measure taken by a government authority that limits the flow of foreign capital into and…
The U.S. dollar has been on a tear since the summer of 2014, but truth be told, the anti-dollar movement is strong and gaining traction. For a currency to remain dominant in the global economy, especially for it to be a reserve currency, three factors need to be…
Of all the financial trends that have surprised economists and analysts over the past few months, it has been the rise in the value of the U.S. dollar that has caught us off-guard, yours truly included. After its central bank printed four trillion in new dollars, after the…
You may remember an article I wrote in June of this year (we got lots of comments on it) about my Dad receiving a letter in the mail telling him that if the cash portion of his stock brokerage balance fell below $125,000, he would be charged a…
Since July of this year, the U.S. dollar is up about 10% against a basket of other industrialized world currencies. Some say the dollar is up because the Federal Reserve has stopped printing paper money (while other countries are still printing) and because the Fed has said it…
As the chart below illustrates, since July of this year, the U.S. dollar has been rallying against other major world currencies. I, for one, do not expect to see the rally in the U.S. dollar sustained. I believe the U.S. dollar is currently rallying, because other parts in…
The fundamentals for higher gold bullion prices continue to impress. The table below illustrates the output from U.S. mines in the first six months of 2014 compared to the first six months of 2013. In the below chart, we quickly see that since March of 2014, production of…
For the U.S. federal government’s fiscal year, which ends this Tuesday, the Congressional Budget Office (CBO) predicts a budget deficit of $506 billion. (Source: Congressional Budget Office web site, September 26, 2014.) But just because our annual deficit is declining, that doesn’t mean our national debt is rising…
Since May, when it was near an all-time low, the U.S. dollar has rallied. Compared to other major currencies of the world, the greenback is up five percent since July, as the chart below illustrates. The question: should investors get into this U.S. dollar rally? Dear reader, the…
