Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. Today’s focus is on the coming Dollar Decline.
Precious Metals (Dollar Decline):
First up–and most importantly–there is this: Russia, China, India Unveil New Gold Trading Network. This news is another nail in the coffin for the Petrodollar. In the long term, the U.S. Dollar is losing preeminence as a global commodities exchange currency and reserve currency. Once the Dollar reaches a psychological breaking point, it will be substantially revalued downward. I’ve warned you before, folks: It it time to hedge out of U.S. Dollars and your U.S. Dollar-denominated investments. Tangibles–including silver–will be your safe harbor!
o o o
Stock Market:
Next, this at Seeking Alpha: December 2017 Stock Considerations
Commodities:
U.S. Shale To Surge After OPEC Extension
Forex:
EUR/USD Forecast: December 2017
Economy and Finance:
New RV orders at an all-time high: Hipsters Go Glamping, and RV Makers Soar
Taxes and Regulation:
Tax bill clears Senate in big boost for Trump, GOP
Troubling Trends:
Reader H.L. mentioned this piece over at Zero Hedge: The Government Is Coming For Your Bitcoin
o o o
Reader Gregg P. spotted this: Venezuela to launch cryptocurrency to fight ‘blockade’: Maduro. Comment: Oh, so there’s a new blockchain currency software controlled by a failing communist dictatorship, in a country beset with hyperinflation. What could possibly go wrong?
Tangibles Investing:
I missed this when it was posted back in Forbes, back in May: Why Millennials Are Interested In Real Estate Investing
