US Dollar Weakness Continues

By Dennis Tubbergen | August 7, 2023 |

The evidence that the US Dollar is continuing to weaken globally continues to grow by the day.           “Nikkei Asia” reported that the Chinese currency has now outpaced the US Dollar in Chinese cross-border transactions.  Here is an excerpt (emphasis added) (Source:  https://asia.nikkei.com/Business/Markets/Currencies/Yuan-exceeds-dollar-in-China-s-bilateral-trade-for-first-time): The yuan was used in 49% of China’s cross-border transactions last quarter,…

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Update:  Stocks and Silver

By Dennis Tubbergen | April 3, 2023 |

          There were two big market movers last week.  Stocks and silver both advanced between 3% and 4% on the week.           As far as stocks are concerned, the downtrend line that has been in place since January of 2022 has now been broken to the upside, as noted on the weekly chart of an…

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