U.S. Dollar Mining News

Gold falls as job data crushes rate outlook

Gold fell abruptly this morning, pushed by a rising dollar after data showed the U.S. economy created more jobs than expected over the last three months, decreasing prospects the Federal Reserve will keep interest rates low for an extended period.

Stagflation causes more damage than inflation and promotes gold!

To put it in a nutshell stagflation is where economies do not grow or fall, while money cheapens persistently, ensuring no protection against wealth attrition.

Gold prices at new all time high

Finally, a new all time high for gold prices.

Gold Forecaster – Is the U.S. dollar on the brink?

Just take a look at the chart of the U.S. dollar Index and you see a frightening sight. If it sinks any further its support will have evaporated.

Stock selloffs ignite dollar rallies

The inevitable periodic selloffs in the general stock markets indiscriminately hammer all stocks lower. But they pose a special magnified risk to commodities stocks.

Do I see lipstick on a pig? Or is the stock market and gold still going up?

As most sophisticated investors and traders are aware, the U.S. Federal government has run up significant deficits and the long term debt burden is becoming a drain on Gross Domestic Product.