FROM RICHES TO RAGS - BRITISH PM EXPLODING WARDROBE

29 September 2024From riches to rags.                    Guy Fawkes day coming up..."Sir Keir said last week he would no longer accept money for clothes"Love it. It's only 'cos his wardrobe is already full to bursting.... and what must you do with old wardrobes on Guy Fawkes day? This is so totally corrupt, inept and mad - did noone amongst all those clever politicians and...

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DOLLAR DOWN, CURRENCIES DECOUPLING

27 September 2024Gold has been rising in US dollar terms but since April of this year has remained relatively stable or within a trading range when priced in BRICS and Global South currencies. To understand why, we need to understand the causes of dollar weakness and the attractions of gold in times of uncertainty.As I interpret this graph, the price of gold in dollar terms is going up, on its way soon to $3,000, some say. This while the dollar,...

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