Russia and China are buying gold specifically to minimize their dependence on the US dollar. (SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Market Vector Russia ETF Trust (RSX), iShares FTSE/Xinhua China 25 Index ETF(FXI))
Sep 21, 2017
Federal Reserve: A Cosmetic Reduction In Its Balance Sheet
Even if the Federal Reserve does get away with a cosmetic reduction in its balance sheet, the total will be completely reversed by the first month of QE4. (SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM), SPDR Dow Jones Industrial Average ETF (DIA))
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