Category Archives: USD

The Hidden Reasons For The War On Cash

Peter Adamson

Western governments for the most part are bankrupt. US national debt just hit $19 trillion, more than double what it was when the global financial crisis exploded in 2008. A debt that doubles every decade is unsustainable. Where did this madness start? In the 1960’s, really.

I recall as a lad having a discussion with a school teacher. I could not have been more than 8 years old. more…

USD: Putting The Buck’s Beating Into Perspective

Matt Weller

Ahead of tomorrow’s highly-anticipated NFP meeting, sentiment toward the US dollar could hardly be more pessimistic. The world’s reserve currency just saw its biggest 2-day drop in nearly a year and has now given up all of its gains from the start of the year. As we noted yesterday, the move has been driven primarily by fading expectations of any rate hike from the Federal Reserve this year, and the 10-year US treasury bond yield has dropped to a 1-year low below the 1.90% as a result. more…