Central banks have been shopping for large quantities of gold over the past 50 years, buying a historic excessive of 374.1 tons in 2019. The unprecedented shift has been seen by many as a transfer away from the US greenback. ...
Former US monetary regulator J. Christopher Giancarlo, often known as ‘Crypto Dad’ for his help of cryptocurrencies, has introduced the launch of a assume tank to push the concept of digitizing the US greenback. ...
As American aerospace big Boeing continues to be coping with the 737 Max disaster, the corporate’s poor efficiency may have penalties for all the US financial system, slowing progress and affecting the dollar. ...
Central banks have destroyed worth within the property markets, the bond markets, and the inventory markets, British-American investor Mitch Feierstein says. The ...
Tesla’s inventory tanked practically 5 p.c this week on considerations the corporate will miss its gross sales goal within the fourth quarter. Inventory fell regardless of the electrical car-maker’s rolling out its first Chinese language-made Mannequin three autos. ...
Very ‘disturbing’ paperwork have been submitted to the Federal Aviation Administration by Boeing on the identical day the corporate fired its CEO Dennis Muilenburg. ...
As Max Keiser and Stacy Herbert journey to Brazil they speak concerning the nation’s struggling financial system, which has slowed to only one p.c development in recent times. ...
The world might be doubtlessly getting ready to one other monetary disaster, however the rise of cryptocurrencies may develop into a hedge in opposition to recession, in keeping with Nolan Bauerle, Director of Analysis at Coindesk. ...
Argentine President Alberto Fernandez mentioned final month that he might not search an $ 11 billion mortgage from the IMF, promising as an alternative to “attempt to revive the economic system.” ...
China’s high-tech benefit ought to have been a “Sputnik” second for the US, however Washington did not create its personal industrial program, selecting responsible Beijing for all its misfortunes as a substitute, says the Keiser Report. ...
