Tag: US Dollar

Categories Business

Democratic elections sweep may be good for stock market in the short-run, but ‘the dollar is going to get KILLED’ – Peter Schiff

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As markets begin to handicap the US presidential race, they seem to be viewing a Biden win as a positive for the stock market, which doesn’t really make sense, according to economist Peter Schiff. … Read More >Democratic elections sweep may be good for stock market in the short-run, but ‘the dollar is going to get KILLED’ – Peter Schiff

Categories Business

US killing dollar with addiction to ‘ever-increasing doses of monetary heroin’ – Peter Schiff

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Stock markets tanked as US President Donald Trump abandoned stimulus talks until after the election. Trump is now in the process of out-Democrating the Democrats on the stimulus issue, economist Peter Schiff says. … Read More >US killing dollar with addiction to ‘ever-increasing doses of monetary heroin’ – Peter Schiff

Categories Business

Bye bye, Benjamins! Global de-dollarization drive continues, boosting gold demand to record highs

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New data from the International Monetary Fund (IMF) show that the process of the shift away from the dollar standard resumed in the second quarter of the year, with the share of the US currency in global reserves falling sharply. … Read More >Bye bye, Benjamins! Global de-dollarization drive continues, boosting gold demand to record highs

Categories Business

‘I don’t like saying it, but something will replace the US dollar’: Investor Jim Rogers says century of USD reign is ending

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The dollar is on the brink of losing its status as the world’s main reserve currency, prominent US investor Jim Rogers told RT, following reports of China’s plans to drop a huge chunk of its American debt holdings. … Read More >‘I don’t like saying it, but something will replace the US dollar’: Investor Jim Rogers says century of USD reign is ending