You are here
'No alternative' to dollar? Another analyst seems never to have heard of gold
There are 3 Big Reasons Why the Dollar's Dominance Won't Wane Any Time Soon
By Matthew Fox
Insider.com, New York
Wednesday, April 5, 2023
The U.S. dollar's dominant role as the world's reserve currency is not going to end any time soon, according to a note yesterday from the Carson Group.
Recent agreements between China and Russia, combined with rising tensions between those two countries and the United States, have sparked speculation that the U.S. dollar is going to lose its dominance within the next decade.
... Dispatch continues below ...
... ADVERTISEMENT ...
Buy, Sell, or Store Precious Metals with Money Metals Exchange
Money Metals Exchange, a national bullion dealer recently named "Best Overall" by Investopedia.com --
https://www.moneymetals.com/
-- is a great low-cost source for precious metals coins, rounds, and bars. Money Metals also pays handsomely when you wish to sell your precious metals.
Shop online with Money Metals Exchange here --
https://www.moneymetals.com/buy
-- or by calling 1-800-800-1865.
Meanwhile, Money Metals Depository will store your precious metals in a segregated account at low cost:
https://www.moneymetals.com/depository
"The intensifying geopolitical contest between Washington and Beijing will inevitably be felt in a bipolar global reserve currency regime," economist Nouriel Roubini said this year.
But according to Carson Group's global macro-strategist Sonu Varghese, the dollar's role in the global economy is not at risk of ending.
"The dollar's dominant role is not going to end any time soon, especially since there's no good alternative," Varghese wrote.
Detailed below are the three big reasons why the dollar will stay resilient despite ongoing threats from global currencies, according to the Carson Group. ...
... For the remainder of the report:
* * *
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:
