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Dollar Decline

BRICS Slashes US Dollar and Euro Transactions to Below 30%

BRICS Slashes US Dollar and Euro Transactions to Below 30%BRICS nations are increasingly using national currencies, with 65% of transactions now conducted in local currencies, according to a Russian finance official. The U.S. dollar and euro account for less than 30% of payments among member states, signaling a strategic shift to reduce dependency on Western financial systems. The trend has accelerated due to sanctions […]

Polymarket faces potential ban in France amid gambling concerns

Devere CEO Advises Shifting Away From US Assets as Dollar Weakens

Devere CEO Advises Shifting Away From US Assets as Dollar WeakensNigel Green, CEO of financial advisory and investment management firm Devere Group, has advised investors to reassess portfolios due to the U.S. dollar’s significant drop, which signals a potential shift in market dynamics. The dollar’s decline could present both challenges and opportunities, he said, advising investors to strategically diversify away from dollar-heavy assets to capitalize […]

Polymarket faces potential ban in France amid gambling concerns

Gold Shatters Records as Investors Brace for Economic Turbulence

Gold Shatters Records as Investors Brace for Economic TurbulencePrecious metals prices are on the move again, with gold hitting a new peak of $2,564 during Tuesday’s trading sessions. As of now, gold is being traded at $2,527 per ounce, while silver has climbed more than 6% this week, currently standing at $29.68 per ounce. Market trends show that the prices of precious metals […]

Polymarket faces potential ban in France amid gambling concerns

Economist Jim Rickards Discusses US Dollar Decline and Potential $27,000 Gold

Economist Jim Rickards Discusses US Dollar Decline and Potential ,000 GoldEconomist Jim Rickards has shared insights on the U.S. dollar’s decline, driven by sanctions and mounting debt, and the potential rise in gold’s value as nations seek alternatives like the BRICS currency. He warns that internal mismanagement is the greatest threat to the dollar’s stability, stating to the U.S. government: “You’re taking confidence for granted. […]

Polymarket faces potential ban in France amid gambling concerns

Economist Peter Schiff Advises Against Buying US Dollars — Warns of USD Breakdown

Economist Peter Schiff Advises Against Buying US Dollars — Warns of USD BreakdownEconomist Peter Schiff cautions against buying U.S. dollars or selling gold, citing rising Treasury yields as a result of the government’s failure to control the national debt and inflation. He notes the widening trade deficits, suggesting an unproductive economy will further weaken the dollar and increase prices. Schiff Warns Against Buying US Dollars Economist and […]

Polymarket faces potential ban in France amid gambling concerns

The World’s Weakest Currency, Kiyosaki Says Greenback Is ‘Toast,’ IRS Crypto Tax Update and More — Bitcoin.com News Week in Review

The World’s Weakest Currency, Kiyosaki Says Greenback Is ‘Toast,’ IRS Crypto Tax Update and More — Bitcoin.com News Week in ReviewIn this week’s hottest stories from Bitcoin.com News: the Ghanaian cedi’s recent slide to a new low against the USD, Rich Dad Poor Dad author Robert Kiyosaki weighs in on Saudi Arabia’s move to join the BRICS nations, the United States Internal Revenue Service updates tax filing instructions for crypto, and more. Report: Ghanaian Cedi […]

Polymarket faces potential ban in France amid gambling concerns