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Adam Hamilton: As Gold Surges The Coiled Spring Mining Stocks Will Be Due To Soar DRAMATICALLYMarch 26, 2018
"The entire precious-metals sector has been left for dead, eclipsed by the dazzling taxphoria stock-market rally. But traders need to keep..."
You Are Here: Understanding Where We Are In The Debt Cycle And What It Means For GoldMarch 26, 2018
"if our reading of macroeconomic factors is correct, the summer phase may be on the horizon...gold should glitter then..." Here's why...
The U.S. has left their “sliding glass door” open, and China is set to become the intruder that may very well deal a death blow to the dollar. Here's why...
Yet in a world of re-hypothecated, just-in-time gold, this makes complete sense. Here's an update on Hungary's newly returned gold reserves...
"Good as gold" was literal. Each dollar was worth its equivalent in physical gold. A gold rush today doesn't bode well for the dollar. Here's why..
"It will allow for the large-scale exchange of oil for gold...China’s “Golden Alternative” to the petrodollar...It goes live on March 26."
"Each year they take more metal out of the ground than they discover, which brings them ever-closer to the end..."
Debt & Rising Interest Rates - Dynamite & Blasting Caps: SchiffGold Friday Gold Wrap 03.23.18March 23, 2018
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
So, it kind of seems like we're heading toward another Cold War. But the Russians have revealed a little secret that might derail the whole nuclear threat.Apparently, there is gold and silver in those nuclear missiles.
The Federal Reserve bumped up interest rates another 25 basis points this week. The target federal funds rate now stands at 1.75%."Well, OK," you might be thinking. "But this is just a bunch of wonkish policy stuff. What's it to me?"In a nutshell, it means your debt is going to cost you more. And that's not good in an America where household debt has spiraled to record levels.
SD Friday Wrap: Amidst the chaos, gold and silver have held their own. It may not have been pretty, but a win is a win. Here's the details...
(Oil And Gold Rising Too) While its true that Core PCE price growth is subdued (less than 2% YoY), other economic costs are skyrocketing, like the Cass Freight Index for Expenditures. On a YoY basis, there is strong growth in freight shipments and even stronger growth in freight expenditures! As in 14.3% YoY. But since energy costs are included in…
"The total amount of gold extracted and used by humanity since the beginning of civilization is about 187,000 tons. 6 billion trillion (6,000,000,000,000,000,000,000) tons could have been fashioned from the debris of this one collision."
Just two weeks ago, everything was awesome: jobs data was perfectly 'goldilocks', stocks surged, banks loved it, and VIX flash-crashed lower - normalizing the term structure. Today... things are very different.
Investors are scratching their heads about why a key measure of distress in financial markets is at its highest level since the financial crisis in 2009. The answer may be the U.S. tax bill, and how it has penalized U.S. branches of foreign lenders for borrowing cash from their headquarters.
Just a gentle reminder... the QE is still going on, folks...
"It is pretty simplistic math: Cut revenue by $2 Trillion + add $2 Trillion in spending = $4 Trillion shortfall. While it is true the debt doesn’t have to be repaid today, it does have to be serviced."
"In 2011, the Federal Reserve announced that it had authorized temporary foreign-currency liquidity swap lines with the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, and the Swiss National Bank."
"We suggest that a material allocation to Physical Precious Metals held OUTSIDE the status quo financial system is warranted for any investment portfolio."
A Russian equivalent of SWIFT was tested by Rosneft in December, Gazprombank Vice-President Andrey Korolyov told TASS news agency. It is the first time that the Russian SWIFT analogue has been used by a huge corporation since its introduction in 2014.