U.S. dollar Archives - Rethinking the Dollar

The Perils of Fiat Currency and the Need for Honest Money

Sep 27, 2023 | Economic Collapse

We’re currently on a precarious economic path due to our continued reliance on fiat currency, which isn’t backed by tangible assets like gold or silver. This system allows the federal government to produce large sums of this currency, causing its...

The Fed Can’t Tighten

Jul 2, 2021 | Economic Collapse

Gold’s recent selloff looked familiar in that it resembled the types of gold selloffs that occurred when the Fed talked about tightening its loose policy for years in the mid-2010s. It sure talked a good game. But, when it came time to really test how much tightening...

Shanghai Gold Boss Wants Super-Sovereign Currency

Apr 28, 2020 | Economic Collapse

The president of the Shanghai Gold Exchange (SGE) called for a new super-sovereign currency to offset the global dominance of the U.S. dollar, which he predicted would decline long term, while gold prices rally. Concern has mounted among some market participants over...

Ray Dalio Still Thinks ‘Cash Is Trash’… Why??? (RTD Live Talk w/ Mike)

Apr 8, 2020 | Economic Collapse

Ray Dalio thinks there are better assets to hold than cash as central banks print money and keep interest rates low in response to the coronavirus pandemic. “Please remember that while it doesn’t move around in value as much as other assets, there is a costly negative...

The Currency’s Push Gives Gold the Pull

Mar 13, 2020 | Gold

Gold is trading lower, but definitely not as bad as last night’s starting point with the trade at $1,586.30 down $4 after dipping down to $1,551.00 with the high to beat at $1,594.20. Silver is down 22 cents after yesterday’s “selloff” with the trade at $15.785 after...