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Trump Appointing A 'Shadow Chair' At The Fed Has Put Dollar Under Pressure, Meanwhile China Is Dumping The Greenback And Hoarding Gold
Thursday, June 26, 2025 - 10:53pm | 690Read More...China is accelerating its move away from U.S. dollar-denominated assets, with the share of U.S. Treasuries and the Dollar in the country’s reserves reaching its lowest levels in over a decade. What Happened: On Thursday, The Kobeissi Letter, in a post on X, captured this dramatic shift,...
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Trump's Trade Deadline, Cuban On Inflation, Lutnick's National Emergency And Trump-Xi Relations: This Week In Economics
Sunday, June 8, 2025 - 7:00am | 554Read More...The past week was a whirlwind of economic news. From President Donald Trump’s aggressive trade deal deadline to Mark Cuban’s insights on inflation, the stories were as varied as they were impactful. Let’s dive into the details. Trump’s Trade Deadline President Donald...
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Dollar To Lose 75% of Its Buying Power In Next 10 Years? Rick Rule Says If 1970's Are An Indicator It Could Happen
Tuesday, June 3, 2025 - 12:08am | 707Read More...Veteran investor, Arthur Richards Rule IV, better known as Rick Rule, is the latest expert to sound the alarm on the long-term stability of the U.S. Dollar, warning that decades of unchecked federal spending and unfunded liabilities could erode the greenback’s purchasing power over the next...
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Once-a-decade Natural Resource Trade Is Setting up Again
Friday, March 18, 2011 - 1:43pm | 108Read More...Rick Rule is buying natural gas... Longtime DailyWealth readers are familiar with our friend Rick Rule, founder of Global Resource Investments. Rick is one of the smartest, most successful resource investors in the world. In one of the greatest "runs" in investment history, from 1998 to 2006,...
