The Fed Promises More Dollar Destruction

The Fed Promises More Dollar Destruction

The Federal Reserve has potentially had the most memorable year in its more than a century–long history. What started out as a year of “Will they or won’t they cut interest rates?” blossomed into a time of slashing rates to near...
The Currency of Last Resort: GOLD

The Currency of Last Resort: GOLD

Goldman Sachs says now is the time to buy gold, the safe-haven asset, amid market panic over the impact of the growing coronavirus pandemic.  The commodity, which is considered “the currency of last resort,” has slumped lately as investors sell the safe...
A cash flow problem? Credit game over!

A cash flow problem? Credit game over!

We have been telling you it is all about credit for years … you will soon see the real world reasons why. It is clear the real global economy was already seriously slowing down in Q4 prior to the coronavirus outbreak. Now, China who has been the supplier to the world...