It’s amazing how no matter how high Gold goes, people are spending money advertising their desire to sell it every day. Why don’t they just keep it?
The euro trending higher against the dollar will help our exports and limit our imports. This is a good thing.
Gold has signaled financial crises for centuries. The fact it now takes 3,400 US dollars screams of crisis ahead. ALL the world’s paper currencies are crashing, not just the USD.
goldprice.org
The Fed needs to be reined in and placed under the elected government because it effectively controls the value of the currency through interest rates, despite that power being given explicitly to Congress by the Constitution.
If that means the dollar falls, then imports become more expensive and foreign investment in the US becomes cheaper.
Makes me wonder what happened with the inventory of Ft Knox?
“Just my luck. We haven’t traveled to Europe since pre-COVID and with two trips planned this year, the Euro is flying versus the dollar.”
We are going next month. Hotels and tours already booked.
Isn’t this reaction to a tiny tariff one of the most ridiculous things ever?