United States dollar- the basic unit of money in the United States dollar- the basic monetary unit in many countries; equal to 100 cents Eurodollar- a United States dollar deposited in a European bank and used as an international currency to finance trade ...
The price of beef fell from 110-145 pounds (6.8-9 U.S. dollars) per kilo to 80-120 pounds per kilo currently. The U.S. dollar has lost more than 10 percent of its value against the Egyptian pound since the beginning of this year, falling from 17.88 pounds at the beginning of the ...
the holdings in EUR, YEN, GBP, CAD, RMB, etc. are translated into USD figures at the exchange rate at the time. So the exchange rates between the USD and other reserve currencies change the magnitude of thenon-USD assets– but not of the USD-assets. ...
Logically the decline in the purchasing power of a nation’s currency leads to a rush into gold – https://www.middleeasteye.net/news/egypt-gold-buying-mania-national-currency-loses-value –but defying logic the decline in the purchasing power of the US currency – https://external-content...
By Greg Hunter’s USAWatchdog.com (WNW 624 3.8.24) Super Tuesday was this week, and Trump ran that table. He won 14 out of 15 primary states. Nikki Haley finally stopped embarrassing herself and gave up. Meanwhile, Joe Biden gave the State Of The Union a
(AHE) YoY rose 4.0%, inline with expectations and the Unemployment Rate held steady at 4.1%, again inline with expectations. Following this, the ISM Manufacturing Index came at 46.5, lower than expectations of 47.6. Among the sub-components, the Price Paid Index rose to 54.8, higher than ...
Today Kerri and I are heading to the birthplace of humanity. This will be Kerri’s first time landing in Africa, and my third trip back. Although I’m not looking forward to the 25+ hours of travel ahead of us, I am very excited to visit Egypt for the first time, and to see frie...
How can you call something an investment if it’s projected return is below zero in real terms? Is the substantial price of the reduced volatility gained by buying low yielding bonds worth the price? I say no. 100% equities for me until bonds have a positive real return. Age 77. 1 ...
What happened in Egypt that went on to spawn a demonic Babylonian empire? Education indoctrinates in a way that doesn’t serve to connect the dots to what is happening in your own present time. Its a terrible thing to deny young adults from the truth, to keep them in cotton wool and ...
Various ones in Europe have been repatriating gold from the USA, like the Germans (see Germany is repatriating and accumulating gold–why?). Germany is getting more gold. The Bible teaches that the final King of the North will accumulate gold and take it from Egypt in Daniel 11:40-43; ...