In the 1970s, inflation was indeed a formidable foe for many American families & a real standard-of-living destroyer for my financially-stressed household, as you can see in the chart.
Peter provides a timely update on the markets with a focus on the stock market, the dollar, crypto, and the precious metals. Here's Peter's latest analysis...
Clente discusses what he is expecting on the economic and foreign policy front for 2018. War? Economic collapse? Peace? Prosperity?
The dollar index broke down to its weakest level since Dec 2014 yesterday. Despite Fed rate hikes and hawkish forward guidance
If there was any doubt about whether Venezuela had sunk into an inflationary spiral, it’s gone now.
“Once the market corrects, it’ll be too late to act”... The key to bubble analysis is to look at what’s causing the bubble.
It’s no secret that Central Banks have been funneling liquidity both directly & indirectly into stocks. However, what most investors don’t realize is that this liquidity pump is about to end. Why? Because the endless streams of liquidity (Central Banks continue to run QE programs of $100+ billion per month despite the global economy stabilizing)
One strategist sees further downside looming
China’s holdings of Treasuries fell to a four-month low even as its foreign-exchange holdings increased in November, in a potential sign the world’s second-largest economy is curbing its appetite for U.S. government debt.
dozen 20-bolivar bills now so worthless even looters didn’t think it was worth their time to stop & pick them up. How can Venezuelans possibly go on?
Moscow and Beijing use a de-dollarization agreement, establishing the yuan gold standard
The U.S. Department of Treasury is ramping up its enforcement against the potential for money laundering and criminal financing through cryptocurrencies.
This year’s Davos is all about a shared future, but that could mean more extreme ups and downs for the world’s economy.
Temporary government funding runs out Jan. 19 and the House and Senate will have to pass a temporary extension to avoid a partial shutdown of the federal government.
Rob says that 2018 may be the year that physical ounces are no longer available to the manipulators for use for suppressing price. Here's the details...
Steve St. Angelo says that gold demand surged in China for most of 2017 as Americans ditched gold for the stock market and for crypto-mania. Here's the details...
Keith says "let’s take a look at the only true picture of the supply and demand fundamentals for the metals.". Here's what Keith sees...
Bitcoin dropped below $10,000 for a short time Wednesday (Jan. 17) as a selloff sparked by increased talk of government regulation spooked the market.
South Africa may run out of gold within four decades, according to the Environmental Economic Accounts Compendium published by African Statistics Day.Analysts say that at current production levels, South Africa has only 39 years of accessible gold reserves remaining. This is significant considering South Africa ranks as the number five gold producing country in the world, and could be another sign the world is approaching, or has reached "peak gold."
What determines the price of gold? It seems like it should be an easy question to answer, but gold more than perhaps any other asset often mystifies in its behavior.