Trade Deficits And Fiat Currencies

via Robert P. Murphy There is a connection between fiat currencies and trade deficits, and many cynics have argued that the US dollar’s status as global reserve currency allowed Americans to consume more than they produced for decades. However, this “deficit without …

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Michael Pento: Currencies Will Be ‘Flushed Down the Toilet’ Triggering a ‘Mad Rush into Gold’

Money Metals Exchange, Released on 3/2/18 Click Here to Listen to the Interview – *the interview begins at 5:09 https://s3.amazonaws.com/ILB_MS_BUCKET/ILB-180302-WeeklyMarketWrap.mp3 Michael shares his very troubling outlook for the 10-year Treasury note, the tipping point that will cause the destruction of confidence …

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