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Posts Tagged: “currency crisis“
When Does Gold Finally Correct?
Gold’s meteoric rise has captured the world’s attention and is leaving the usual voices in traditional finance stupefied. There’s talk of bubbles, frenzies, and froth. Gold is down now from its peak, but when will it substantially correct? On a long enough timeline, when central bankers print infinite amounts of fiat currency, gold is bound […]
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As Economy Tanks, Indonesians Turn to Gold
The Indonesian stock market has plunged nearly 7% this year. The country’s currency, the rupiah, has fallen 9%, and is at its weakest level since the 1998 Asian financial crisis. Bond yield have soared. To weather the storm, Indonesians are buying gold.
Peter Schiff: Out of the Frying Pan and into the Fire
Turkey has been in the headlines over the last few weeks as a currency crisis has rocked that country. But as Peter Schiff pointed out in his most recent podcast, all of the things commentators are frying Turkey over are happening in the US as well. All of the criticism that is being leveled against […]
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