Posts Tagged ‘Digital Currency’
Inflation and Digital Currency
The push toward central bank-issued digital currencies continues as inflation continues to demolish purchasing power around the world. This chart, published by “Visual Capitalist,” illustrates how the official inflation rate is now double digits in more than half the countries around the world. Not really all that surprising, given that politicians around…
Read MoreDigital Currency Update
As noted last week, I view the current rally in stocks as counter-trend with the primary trend being down. The Dow to gold ratio continued to fall. Ultimately, I expect this ratio to reach two or perhaps even one. For new readers, the Dow to gold ratio is calculated by taking the value…
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