James G

As the Dollar Rises and Gold Falls, Should We Get Ready for Fed Rate Hikes?

At some point traders will remember that cash is a commodity and that the dollar is under-priced. It is the ideal commodity; easy to store, easy to move and doesn't spoil easily.
Why sell the dollar for seventy cents in Europe when it is worth more than that at home? If the rest of the world wants the fruits of American labor they should be glad to pay full price.
How long should you continue to support and defend those who treat you like a fool. James E Gambrell

Economy Watch: What if Stocks Were Priced in Gold?

Does it really matter if the dollar drops against gold if the yen and euro also drop? All foreign exchange eventually have to trade against each other, not commodities or metals. Rising gold will only bring about equalibrium of currencies.Look for the dollar, yen, and euro to equal after the gold dust settles James E Gambrell