A discussion of globalization triggers passionate and at times violent responses. Rarely has an economic topic captured the spirit of the public so much. What we would like to contribute to the debate is some insight on how monetary and fiscal policies affect globalization and their effects on the dollar.
Gold is real money, and it's been real money from the beginning of recorded history. Specifically, while government-printed paper currencies come and go, gold has been respected as a medium of exchange and a store of value throughout countless generations.
Japanese Prime Minister out of line... the New Economy all over again... A little gamesmanship with the Chinese?... Hiking in Europe, New Zealand and Canada... and more in today's Daily Pfennig - your eye on world currencies!
CVRD Boosts Canico Bid, Energy Metals Combines with Standard Uranium, Hudbay Looks To Reopen Balmat, Newmont Ups Shore Gold Stake and more this week on the Canadian Markets.
A record $66.1 billion trade deficit - does it matter?... Japanese economic growth far exceeds expectations... Kiwis getting jobs!... and more in today's Daily Pfennig - Your eye on world currencies.
During the day Merv practices his engineering profession as a Consulting Aerospace Engineer. Once the sun goes down and night descends upon the earth Merv dons his other hat as a Chartered Market Technician (CMT) and tries to decipher what's going on in the securities markets.
An $800 million euro deal done backwards... billions of dollars coming home... does underbidding at the Treasury Auction signal the end of Asian Central bank buying?... and more in this edition of The Daily Pfennig!