The Federal Reserve has not “revealed” the dollar’s decline but exactly the opposite. Markets are showing a growing demand for dollar assets. At the same time,...
At the end of December, cryptocurrencies entered a period of deep consolidation. Bitcoin hovered between $87,000 and $90,000, far below the peak of $126,000 reached...
I have held remarkably contradictory views about the staggering rise in gold prices this year, especially following the recent sharp reversal. On one hand, I would...
Many Keynesian commentators have hailed the recent correction in gold prices as a fleeting victory. The same people who said that gold was worthless and...
The record-high gold purchases by central banks have shocked many analysts. The Keynesian mainstream, which held the fallacious belief that developed countries could perpetually increase...
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