Could a basket of currencies and gold replace the US Dollar as the primary reserve currency globally? That’s a question that’s been batted around for a while, usually amongst fringe naysayers and ranting leaders of Venezuela and middle east regions. However, I read with interest this article from the Independent UK that rival countries were […]
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There’s been much fanfare made of gold breaking an all-time high in US Dollar terms, even though the dollar has declined precipitously against virtually every foreign currency (so it’s not really appreciating that much in terms of other global currencies), but the trend is your friend and if you’re a momentum trader or fear inflation […]
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How Stupidity on Wall Street Violated the Most Basic Laws of Physics
As a physical sciences and astrophysics buff, I was struck by the irony in some of man’s greatest and most enigmatic physical laws in contrast to some of the dumbest behavior imaginable by Wall street, politicians and main street for that matter. I couldn’t help but compare some of the most famous physical laws we’ve […]