GRANT WILLIAMS: THE DEATH OF THE PETRODOLLAR, AND WHAT COMES AFTER! The story begins in the 1970s when Henry Kissinger and Richard Nixon struck a deal with the House of Saud — a deal which gave birth to the petrodollar system. The terms were simple The Saudis agreed to ONLY accept U.S. Dollars in return […]
A TIGHTER YEN – GOLD CORRELATION HAS EMERGED This became an increasingly tighter correlation after the ECB, BOJ & BOE Began Injecting $200B/Mo. With the “Trump Rally” it has become an “Extreme Correlation”!
Gold Stocks’ Strong New Up-leg SOURCE: Adam Hamilton February 10, 2017 Gold stocks are on fire this year, powering higher in market-dominating performance. This is a massive reversal from their dark fourth quarter, with 6/7ths of those losses already erased. But this strong new up-leg still remains young and small by historical standards. Gold stocks’ recent […]
GRANT WILLIAMS: PRESENTATION TO MINES & MONEY CONFERENCE IN LONDON – OIL, US DOLLAR & GOLD In December, Grant Williams, author of “Things That Make You Go Hmm…” offered the most comprehensive analysis yet of the rise and inevitable fall of the petrodollar (and implicitly US hegemony). In the following presentation, from Mines & Money […]
