Squandering The Reserve Currency Status

Today is Fed rate day. This afternoon Federal Reserve Chairman Kevin Warsh announced a unanimous decision to increase the Fed funds rate by 0.25%. Today we’re going look deeper into the bond market functioning and not focus on the Fed. But the real question is whether the Fed lea ...  Show more

On September 11, the U.S. Department of Energy launched a new initiative called Building America New Construction Support program.The stated goal is pretty simple.Help builders build faster, reduce costs, and deliver lower-cost, higher-quality buildings.The program is available t ...  Show more

China appears to be taking a major step to combat the dominance of the U.S. dollar. How significant could that move be, and what political, economic, and market changes might result? Luke Gromen, founder of research firm Forest for the Trees, joins for a deeply insightful discuss ...  Show more

In this week’s Metal Matters, we re-cap on our key take-aways from LME week, discuss the correction in precious metals, and shift the spotlight over to China’s recent economic data and expectations for the next 5-year plan. Click here for transcript BMO clients can view our repor ...  Show more

Since the end of World War 2 the US dollar has been world reserve currency, this means international transactions are overwhelmingly done in US dollars. This gives the US some key economic advantages. Naturally China wants to make its currency the world reserve currency, and as t ...  Show more

* China will begin selling more US dollars and treasuries. * Food and energy prices surge. * Biden’s State of the Union was misinformation. * Jerome Powell skips SOTU to prepare his own lies. Thanks Ladder. Go to https://ladderlife.com/gold today to see if you’re instantly approv ...  Show more