US Dollar Weakness Continues

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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Will Russian Sanctions Mean Higher Inflation?

Stocks continued their decline last week as metals rallied strongly.  While many analysts blame the rising geopolitical tensions for the decline in stocks and the rise in gold and silver prices, the reality is that stocks went into calendar year 2022 extremely overvalued, and metals were undervalued in light of the massive currency creation that…

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