Tag Archive: reserve currnecy

Don’t Let Dollar Strength Fool You

Some commodities have come under pressure in recent days as the dollar index has been rallying from recent lows. As a dollar-denominated commodity, gold has been seeing some selling pressure as the greenback has moved higher. Don’t be fooled. The dollar is still very much in a long-term downtrend. In fact, the value of the currency has been declining for decades, and further declines will be seen in the decades ahead. Throughout history, fiat currencies have shown a tendency to fail, and with good reason.... Continue Reading