Silver Price Daily Forecast – Silver Stays Above The Support At $24.00 FX Empire
Month: August 2020
Week ahead commodity report: Gold & Silver price forecast FXStreet
Silver Price Forecast: Gains Digested, New Highs Ahead? – Key Levels for XAG/USD DailyFX
South China Morning Post/Anthony Rowley/8-3-2020
“The rare event of a general depreciation of the world’s leading currency suggests a fundamental lack of faith that could sink financial markets and undermine the global economy. Recent events suggest the dollar could erode from within as the US retreats from international obligations and its domestic economy weakens.”
USAGOLD note: Increasingly, deep thinker analysts and economists are embracing the idea that the dollar’s role as a reserve currency and store of value is about to diminish – perhaps dangerously so.
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Time for a flashy thing
The Morning Porridge/Bill Blain/8-3-2020
“I’m struck by investment analyst headlines warning: ‘markets can’t deny economic gravity indefinitely..’ Actually… they can. The reality of the last five months, since March, is that you can’t fight global central banks. QE Infinity version 2.1 distorts markets even more dramatically than the original QE 1.1 – which simply distorted markets by keeping rates artificially low. When it all goes inevitably wrong – because it will – then QE X-Power 3.1 will see markets bailed out again and again. The problem is there are consequences. Massive consequences are coming …”
USAGOLD note: Bill Blain boils it all down in this common-sense review of where we are and where we might be headed. “Who knows where it all eventually leads,” he writes, “but if you are trying to understand where today’s markets are headed, then understand the reality: it’s going to remain about desperate distortion as Central Banks keep playing whatever cards are left to stay in the game. While this crisis lasts playing markets is all about playing that distortion.” …… Or protecting yourself against it.
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