You are here
Daniel Moss: Only the United States can destroy the dollar
By Daniel Moss
Bloomberg News
via Mint / Hindustan Times, New Delhi
Sunday, March 31, 2024
There's just no getting past the supremacy of the dollar, much as skeptics of American influence wish for it or lonely yen bulls cry for relief.
The greenback has been frequently tipped to retreat, only for it to blow away everything in front of it. This resilience might not last, but as long as it does, it reminds a world once in thrall to China's ascent that the United States is the essential economic force.
... Dispatch continues below ...
... ADVERTISEMENT ...
The first 99.99% pure silver and gold bullion medals
or non-legal tender coins from Ireland are now being sold by APMEX
The Irish Gold and Silver Trees of Life from Tara Coins are now available for the first time at competitive prices from authorized distributors globally, including APMEX in the United States.
Tara Gold and Silver Ltd., trading as Tara Coins, is a designer and wholesaler from Ireland, providing beautiful, collectible, store-of-value, 99.99% pure Irish silver and gold bullion: the Gold Trees of Life (0.1 ounce and 1 ounce) and the Silver Trees of Life (1 ounce).
Irish and Celtic gold and silver bullion coins and rounds have never been produced in a truly professional manner and in large volumes. The Irish Gold and Silver Trees (non-legal tender) are being designed in Ireland in collaboration with artists who specialize in designing coins and are being minted by a respected LBMA-accredited mint.
The Gold and Silver Trees are beautiful and limited in mintage and supply, making them highly sought-after as gifts, collectible coins, and stores of value.
For more information about the Irish Gold and Silver Trees of LIfe coins, please visit:
-- and --
https://www.taracoins.com/
Acquire Irish Gold and Silver Trees of Life coins at competitive prices from APMEX here:
https://www.apmex.com/
-- and --
https://www.apmex.com/
Just ask all the central bankers quizzed as much, if not more, about the Federal Reserve's intentions as their own. Sovereignty can be relative.
Events billed as heralding a pullback have barely made a dent: Japan's decision to end eight years of negative interest rates fizzled in markets; the country's finance minister has resorted to jawboning the yen stronger, and traders are handicapping the prospects of intervention by Tokyo.
Even projections of rate cuts by the Fed aren't doing it: Reductions are likely to be synchronous among the biggest authorities, preventing any major currency from outshining the dollar. This year was meant to be one in which the dollar fell, but a key index of its support is off to a strong start. ...
... For the remainder of the commentary:
https://www.livemint.com/news/the-dollar-is-more-armored-division-than-currency-11711923355047.html
* * *
Join GATA here:
Mining Investment Asia
Wednesday-Thursday, May 15-16, 2024
Marriott Tang Plaza Hotel, Singapore
https://www.mininginvestmentasia.com/
* * *
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
http://www.gata.org/files/GATA-4-wine-bottles.jpg
Buyers can compose their case by choosing as many as four varietals from the list here:
http://www.gata.org/files/FayJWineryVarietals.jpg
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at: bagman1236@aol.com
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
