Lear Capital Blog

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  Can BRICS Dethrone the Dollar?

  Not tomorrow. But eventually? Sanctions against Russia got the globe's attention. It wasn't just limitations on trading certain items. Russia was kicked off the Society for Worldwide Interbank Financial Telecommunication network (SWIFT) which is the platform on which international banking is conducted. They also had their foreign exchange reserves frozen. Weaponizing the dollar was not …

  By Rachel Mills on May 17, 2023
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  5 Reasons Young People Should Give Gold a Look in These Uncertain Times

  The precious metal is a time-tested hedge against inflation, economic uncertainty and more. Originally published on FEE.org By Joshua D. Glawson May 14, 2023 In 1946, when the Foundation for Economic Education was founded, an ounce of gold traded for around $38.25. This week, it was trading above $2,000!  I can only imagine how much …

  By Rachel Mills on May 15, 2023
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  Gold Above $2000

  And holding steady… Last month gold breached the all-important milestone of $2000 and is finding support there.  What is driving these all-time high prices for gold? Several things. 1. Banking crisis   We’ve experienced a lot of bad news in the banking sector with the collapse of SVB and First Republic and the indications that many …

  By Rachel Mills on May 11, 2023
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  TINA is a Lie

  For decades, the retort to this line of thinking was simply TINA. There is no alternative. If other countries abandon the dollar, what will they use instead? Another currency of another government that is even worse than the US at fiscal discipline? The truth is there may be no other viable fiat alternatives in the …

  By Rachel Mills on May 3, 2023
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  Should you de-dollarize your portfolio?

  At least partially? The dollar dump is accelerating… "Slowly at first, then all at once..." The death of the dollar is not certain by any means. But recent events have accelerated the globe's urge to diversify away from dollar hegemony rather rapidly. In 2001 the US dollar constituted a whopping 73% of global reserves. Today …

  By Rachel Mills on April 21, 2023