Gold has all the potential to go unprecedentedly high. But silver will be gold on
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The ongoing global energy crisis and coming Energy Cliff will push the gold price to new highs. This is not a matter of if, but rather a matter of when. And, if we look at the energy data, the "when" seems to be fast approaching. Thus, precious metals investors need to understand...
Saving for a rainy day is not a new idea. In 2021, archaeologists turned up a whole horde of hoards: stashes of coins and other valuables left behind for whatever reason and never used again. These treasures turned up in a Polish cornfield, in a meadow in New England, in a town in Denmark. They were left by royals, pirates, chieftains and people who will forever remain anonymous.
“That belongs in a museum!” Harrison Ford’s Indiana Jones famously said. If you found buried treasure, what would you do with it? Keep it? Sell it? Turn it over to a museum?
A detailed analysis of the current gold pricing framework and why this framework is unsustainable.
Gold is lagging the raging inflation unleashed by the Fed’s epic money printing. Despite leading inflation benchmarks skyrocketing to multi-decade highs, gold prices have barely budged. Serious inflation initially fuels record-high stock markets, which stunt gold investment demand. But festering inflation increasingly erodes corporate earnings, hitting stock prices. As stock markets roll over, gold will start reflecting this inflation.
This gives an extreme advantage to those few who move first, long before they must. The financial advantage for first movers is equally extreme.
Good luck with that.
The Fed claims to have tools to fight inflation. The last time we heard them so empathically was right before the housing bubble burst.
Many Americans are fleeing restrictive jurisdictions and moving to places that respect their liberty.
There is a real opportunity for pro-growth low-tax Republicans to emphasize their commitment to tax competition rather than tax “harmonization.”
To those looking at data from holiday consumer purchases as proof of consumer demand and the economy is strong I think more attention should be paid to what happens next. With direct payments to American households being halted, for now, Americans with children are returning to more normal spending habits.
Doug King, head of the Merchant Commodity Fund, enjoyed record returns last year, gaining 74 percent in 2021 and beating its previous record of 59 percent set in 2014—another boom year for oil right before the bust. But now, King is expecting further gains in the price of oil, saying it could even reach $200 per barrel over the next five years.
Jan 14, 2022 - 11:32:17 PST
At January 11th Senate Banking Committee hearing, Sen. John Kennedy (R-LA) asked Fed Chair Jerome Powell about the debt.
A detailed analysis of the current gold pricing framework and why this framework is unsustainable.
Today we recognize a distressing possibility: Sound money does not ensure sound government. That is, sound money – in our fallen world of sin and vice – cannot constrain sinful and viceful men hostile to sound government.
Democratic lawmakers say the global fund’s surcharges for emergency relief siphon away money that countries need to fight the pandemic.
Argentina posted its fastest monthly inflation rate in eight months on Thursday, complicating the path to deliver a stability plan as part of negotiations with the International Monetary Fund.
The global pandemic has blazed a long trail of upheavals, the vast majority of them bad: surging inflation rates, small business decimation, and a death toll that’s climbed above the last 10 years of casualties from the flu. But according to a new report from the World Economic Forum, that’s not the worst of it: …
By tapering and then raising interest rates, is it possible the Federal Reserve is intentionally trying to cause a managed market correction? Macro analyst Jesse Felder thinks so, as it needs to start taming both the asset bubble and inflation monsters it has created.
December gave us another big jump in consumer prices. But despite a lot of talk about an inflation war, accommodative monetary policy remains in play. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey breaks down the CPI data, Jerome Powell's Senate testimony, and Joe Biden's plan to fix rising meat prices. That story has a fun plot twist.