James Rickards: Currency Wars – The Making of the next Global Crisis
“Currencies are in effect the ocean” that all the fish, including the great white shark, fear, says investment manager and author of Currency Wars: The Making of the Next Global Crisis, James Rickards. Sometimes the ocean is calm, but in times like ours it becomes a much more hostile and dangerous environment. Find out how currencies interact globally and why governments manipulate them so much, in this video.
Listen to James’ entire presentation at the latest Casey Research Summit – and those of 30 other well-known economists, authors, and investment pros – on CD or MP3. Learn more.
Recent News on Global Currencies
Asian Currencies Weaken Most Since September on Europe China Bloomberg The Bloomberg-JPMorgan Asia Dollar Index lost 2.7 percent since April 30 as global funds pulled 7.8 billion from South Korean Taiwanese and Indonesian stocks exchange data show. India’s rupee led losses reaching a record low while Indonesia’s Why doesn’t Asia complain against the weak yuan MarketWatch blog Asian assets and currencies under fireFX-MM. Singapore Dollar Weaker As Europe Worries Intensify Wall Street Journal. gulfnews.com Business Recorder blog all 12 news articles.…
GLOBAL MARKETS-Spanish risks spur demand for safe assets Reuters The single currency and world shares are poised for their biggest monthly drops since last September while the fall in oil prices in May is set to be the largest for two years as the escalation in the euro-zone crisis has stoked investor worries over Euro fears spur fresh demand for safe assets Reuters India. Morning Financial ForecastInside Futures. Could Germany save eurozone by leaving it CNN. Chicago Tribune. .…
Russian Ruble Falls to 2009 Crisis Levels Wall Street Journal Russia’s currency weakened by as much as 2.8 against the greenback to 33.69 rubles its lowest level since April 2009 when Russia was still fighting the initial waves of the global financial crisis amid plummeting oil prices and a 35 ruble decline. and more.…
Emerging-Market Currencies Give Back Gains Under Pressure Again Wall Street Journal By Prabha Natarajan Of DOW JONES NEWSWIRES NEW YORK Dow Jones Emerging-market currencies lost strength from earlier in the day as investors priced in dimmer global growth. A revised 1.9 growth rate in the US was enough to trigger a change of heart.…
