It would have been unthinkable just 30 years ago, but foreigners do not want U.S. dollars anymore. They have simply had enough, and it looks like they have no need of additional ones, either in the short- or long-term.
Overnight, an infestation descended on city streets. It was a swarm. What was once a benign child’s toy suddenly became a civic scourge.
While most precious metal analysts focus their attention on gold and silver, there’s another vitally important metal that deserves much more attention from an investing perspective. Not only does copper have many industrial uses and applications in electric vehicles, but there are supply and demand trends that could push copper prices into the stratosphere.
Larry Fink, founder of Blackrock, the world’s largest asset manager with over $6 trillion in client funds, has just given Bloomberg an interview. In it he described the financial experiment that central banks and governments began 10 years ago as JUNK.
Revolution is ugly and messy, but it’s sometimes necessary when tyranny exists.