Iraq is moving in tandem with the BRICS philosophy as it banned eight banks from initiating transactions in the U.S. dollar…
Outlook 2024: Gold Set to Make History…
The gold market is poised to make history in 2024. It enters the New Year within striking distance of new all-time highs…
Dollar Off to Best Start to a Year Since 2005…
The U.S. Dollar Index peaked in fall 2022, the highest it had been in nearly two decades, rising in response to aggressive interest rate hikes…
Gold Drops After Spiking To Record High of $2,130…
… is all too real because suddenly everything that is non printable is soaring, starting with gold, which has exploded as much as $60, spiking to a new all time high of $2,135…
False Virtue: The Life and Death of “American Exceptionalism”…
The impending decline of the dollar is apparently imposing a real Halloween scare on the American foreign policy establishment…
Unprecedented Gold Hoarding by Central Banks Heralds Financial Sea Change…
Amid geopolitical tensions and global debt, central banks are expected to continue purchasing gold, further diminishing the appeal of the US dollar as a reserve currency…
BRICS Expansion: UAE, Saudi Arabia, Iran, Argentina, Egypt, Ethiopia Among New Members…
BRICS, a group of emerging economies, has admitted six new countries, expanding its strength to 11…
Round Up: BRICS Summit 2023…
The 2023 BRICS summit is the 15th upcoming annual conference of the bloc, which is to be held in Johannesburg, South Africa, from August 22 to 24, 2023. The event will be attended by the heads of state or heads of government of the five member states: Brazil, Russia, India, China, and South Africa…
Putin: De-Dollarization Is Irreversible…
BRICS will become economically more powerful than the G7, the Russian president said in an address to the Johannesburg summit…
On This Day in 1971, Nixon ‘Temporarily’ Detonates a Money Bomb, Suspends Gold Standard and Turns the Dollar Into Funny Money…
The dollar has lost almost 90% of its value since 1971…
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