The World Reserve Currency is on Peter Schiff’s mind as he comments on the Soros meeting at Bretton Woods and that the problem is that the US Dollar is the world’s reserve currency and that we have been abusing this status. Peter states that interest rates worldwide are too low and that the US can only run these huge deficits because it has the status of World Reserve Currency.
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Gold
1,375.21
+4.91 (+0.36%)
+4.91 (+0.36%)
Silver
22.32
-0.01 (-0.04%)
-0.01 (-0.04%)
Platinum
1,465.00
-8.00 (-0.54%)
-8.00 (-0.54%)
Palladium
744.00
-6.00 (-0.80%)
-6.00 (-0.80%)
US Dollar
84.22
-0.04 (-0.05%)
-0.04 (-0.05%)
Three Phases of Bull Market Explained
Every major primary Bull Market takes place in three sentiment phases.
By: Lynette Zang
Since currencies are created from debt (government bonds) and supported by the ability to create more deb ... [Read More...]
Every major primary Bull Market takes place in three sentiment phases.
By: Lynette Zang
Since currencies are created from debt (government bonds) and supported by the ability to create more deb ... [Read More...]
