Tag Archives: dollar

Triggering the Dollar’s Fateful Demise

The dollar, as measured by the dollar index, is down about 7.68 percent since January 1. In the world of currencies, a 7.68 percent decline over four months is massive. Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 1 Comment

Trumpism and the Fading Dollar

Trumpism seeks to correct the symptoms of trade imbalances on the back end with tariffs rather than snuffing them out at the root cause with honest money and a balanced budget. Without honest money and a balanced budget, all attempts to correct the trade distortions are pointless. On the whole, they may make things worse. Continue reading

Posted in MN Gordon, Politics | Tagged , , , , , | 3 Comments

Death of the Penny and What this Means for Gold

The death of the penny – a token – may be a practical matter. Why fabricate something at a loss? But, more so, it is the result of decades of reckless deficit spending in Washington. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 1 Comment

Bessent Enters the Meat Grinder

Scott Bessent should have kept his mouth shut. He also should have kept his money in his pocket. The billionaire had a good thing going. He was leading a charmed life managing his hedge fund Key Square Group and preserving historic pink mansions in Charleston with his husband and their kids. But that was before he threw his money and support behind Donald Trump’s election campaign. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 1 Comment