Top Fiat vs Gold in 2022: Focus on Inflation

It is time for my traditional yearly post to find out which fiat could beat the conventional store of value this year.

Let us see below how you predicted the future back at the end of December 2021.

Poll Results

The U.S. dollar was again the favorite bet for many of you. The next choice was the British pound, likely because it finished second in 2021. Among the top three bets, the Canadian dollar was an interesting choice that could be justified by the previous top ranking.

This time I changed the list of currencies to include only the top 5 currencies based on real foreign exchange turnover according to the Bank for International Settlements as per the table below.

OTC Foreign Exchange Turnover By Currency

Source: Bank for International Settlements

The following top 5 fiat currencies are listed in the table above: U.S. dollar (USD), euro (EUR), Japanese yen (JPY), British pound (GBP) and Chinese yuan (CNY). Continue reading "Top Fiat vs Gold in 2022: Focus on Inflation"

Year Of Shocks: Which Of The Safe Havens Saved The Most?

Aibek Burabayev - Contributor - Metals

It's only the middle of the year, but we've already seen quite a lot, even for the seasoned investor.

The Swiss National Bank (SNB) kicked off the ball in January for what has proven to be a nightmare year thus far. It's caused a lot of tears and fears among investors, some of them went bankrupt in one day after it let the franc go.

Greece and it's possible leave of the single currency zone has been dubbed the "Grexit." It's added turmoil to the markets over the last month with currencies crosses opening with gaps on the last two consecutive Mondays. The single currency zone has never been so vulnerable from the day of its launch, as Greek precedent can find followers and bring Germany a lot of headaches furthermore.

The United Kingdom also played its role with the Queen's speech this May containing words of possible divorce with the European Union in 2017, which was named "Brexit" (Britain's exit) a la Grexit.

All of the cases mentioned above are episodes of the world currency war and the first prey of it is the European single currency that has been damaged a lot. Continue reading "Year Of Shocks: Which Of The Safe Havens Saved The Most?"

Beyond the "Spotlight"

For the Week of May 13, 2013
By: Don DeBartolo

The GBE Trade Spotlight advisory service applies the GBE trading methodology (buying or selling commodity contracts based on breakouts of chart formations and technical indicators) to identify one to two trade setups per week.

Highlighting This Week’s Potential Breakouts:

June 2013 British Pound

The June 2013 British Pound futures contract closed below a lower trend line on Friday. There are touches on the trend line at 1.4823 (3/12/13), 1.5027 (4/04/13), and 1.5192 (4/23/13). The Trend Seeker (a US Chart Company tool to help identify market trend) is Neutral. The MACD, a trend indicator, is bearish and above the baseline. Although MACD is bearish, until the Trend Seeker changes to a Downtrend, there is no entry trigger confirmation. Continue reading "Beyond the "Spotlight""

If you didn't make money in May watch this video

If you didn't make money this month then you weren't watching our Trade Triangles.

See how we did in three major markets (my new video).

Continue reading "If you didn't make money in May watch this video"

FOREX: Taking another look at the British Pound (new video)

British Pound Update

Taking another look at the British Pound.

On May 8, I produced a video which gave a detailed analysis of the British pound (GBP) versus the US dollar (USD). At that time I expected the British Pound to continue its gains against the US dollar. In today's video I will revisit GBP/USD cross to see just what has happened to this market.

I strongly recommend you take a look at my earlier video. Here is the link before watching our new video.

As always, the videos are free to watch and there's no need to register. I would love to get your feedback about this video and your own predictions about this market on our blog.

All the best,

Adam Hewison


Co-creator, MarketClub