The value of the dollar is falling; many stocks are once again wildly overvalued; and bonds, tied to an ever-diminishing dollar, are a disaster waiting to happen. By investing in gold and other hard assets, Turk and Rubino explain how you can protect yourself from these dangers. is a ...
Reducing debt is critical for financial resilience, as high levels of debt can become unmanageable during a financial collapse. Focus on paying down high-interest debt first, such as credit card balances, to reduce the amount of interest you pay over time. Consider consolidating loans or negotiati...
The article reviews the book "The Coming Collapse of the Dollar and How to Profit From It," by James Turk and John Rubino.CollinsArtFutures: News, Analysis & Strategies for Futures, Options & Derivatives Traders (Summit Business Media)
“mainstream economists” scoffed at the idea that the price of gold could go significantly higher. Well, nobody is laughing now. As colossal debt loads continue to crush both Europe and the United States, the euro and the dollar are going to continue to collapse. ...
In essence, the petrodollar system was an agreement that the US would guarantee the House of Saud’s survival. In exchange, Saudi Arabia would do three things. First, it would use its dominant position in OPEC to ensure that all oil transactions would only happen in...
How to prepare for the next economic collapse We’ve all heard plenty about the uncertain economy, and though speculation on the future of the economy is running rampant everywhere, no one can predict with certainty what will happen next. ...
Nick Rowe is concerned that the collapse of the Eurozone could lead to another Lehman-type event for the global financial system. He is also wondering what central banks should be doing in preparation for such an event. Nick is not the only one concern
The petrodollar system has significantly benefited the U.S. economy, helping maintain the dollar's value and status as the world's primary reserve currency. Rise of the Petrodollar The Bretton Woods system of fixedcurrency exchange ratestied to gold through the U.S. dollar collapsed in 1971 ...
3 Many investors use Bitcoin as a hedge against inflation because its market value has outpaced it in the past. Bitcoin exchange-traded products have made investing in Bitcoin easier for retail investors and offer protection from losses if brokers or crypto custodians collapse....