As the global economic recovery gathers strength, money managers are advising to sell the dollar and put that money into alternative assets like gold and emerging-market stocks, according to an…
Tag: currency
Liberty Media’s John Malone is Buying Hard Assets
In an interview with CNBC last month, Liberty Media chairman John Malone said he has invested more in hard assets over this past year because he believes they will increase…
Dollar’s Fall Just Starting, Says Pimco
According to Pacific Investment Management Co. (Pimco), the dollar’s decline has only begun, “with room for the world’s reserve currency to weaken against emerging markets,” reports a recent Bloomberg article.…
Top Forecast Says Ruble Rally Headed for Crash
The Bank of Russia’s move toward monetary easing will lead to the ruble sinking by about 9% against the dollar by the end of the year, says the analyst who…
JP Morgan: What Currencies to Buy if Recession is Nearing
If a U.S. recession is in the offing, analysts from JPMorgan Chase say it’s time to own Swiss francs, Singapore dollars, U.S. dollars or Japanese yen. This according to a…
Sweden is Worried About Dwindling Cash
Sweden is experiencing a huge decline in the use of cash, a situation that is starting to worry the country’s authorities. This according to a recent article in Bloomberg. “Sweden…
Fisher: Don't Believe The "Currency War" Hype
With central banks around the globe making an array of moves to weaken or strengthen their currencies, talk of currency wars has risen. Kenneth Fisher says not to buy it.…