The numbers are in and the most expensive city to live in these days is Hamilton, Bermuda. After that, the second is Geneva. But Switzerland by and large is the country where you have the highest cost of living in the world. In fact, 5 Swiss cities are in the top ten most expensive in […]

QUESTION: Your reference (not for the first time) to new USD highs may be the most striking — and consequential — of all the insightful and startlingly original  remarks you have made in recent years.At the very least it must rank high and cause not a few of us to stroke our chins and ponder. It seems churlish even […]

  The conspiracy crowd keep swearing the dollar has to collapse and remain clueless that the world is in serious trouble. The impact of debt is far worse outside the USA than inside yet their myopic vision blinds them to the truth. Taxes are so high in Europe and this renders it is impossible to […]

European Banks are now threatening companies with negative interest rates (penalty) when they want to simply park assets in money houses at short notice. Complaints about this practice are starting to rise quietly behind the curtain, which including operations such as airlines. According to our sources, several banks are beginning to levy this negative penalty interest upon […]

It is amazing how people keep touting the demise of the dollar yet cannot comprehend that it remains the only game in town. We may yet see a tremendous capital flight to the dollar for a host of reasons from war and political risk to the landscape of interest rate trends. An Asia capital fight […]

For the first time the position of the dollar as world reserve currency in the United States has come under criticism by Obama’s former chief economist, Jared Bernstein (2009-2011). Bernstein argues that the accumulation of dollar reserves abroad make the US currency too strong. This destroys jobs in the United States and weakens the economy. Retaining […]

Prosecutors are simply lawyers gone really bad and enjoy their power without comprehending the full depth of their actions. The sanctions against Standard Chartered are insane and this will drive more and more banks away from using the dollar in international transactions. It is the prosecutors who are setting the stage for the new one-world reserves […]

The recent attempts by the USA to impose huge fines on foreign banks for violating US sanctions with Iran based solely on transactions in dollars is having the same impact as FATCA. The US Justice banking penalties are becoming a threat to the dollar being used in such transactions. While this is unlikely to cause […]

There has been a prevailing piece of propaganda used by the dollar-haters to support this idea that the dollar is really the Petrodollar and that the move in the Middle East to create a single currency like the Euro and the Russia-China energy deal will make the yuan soar and the dollar collapse are just […]

QUESTION: All over the web there are these doom and gloom that the dollar will collapse because of Obama’s new law July 1st. This seems like more fraud to sell gold that has become the greatest hedge against making money from my perspective. Any comments? Here is a direct quote: “On this date, U.S. House […]