Stefan Gleason

Is the entire financial system currently in a massive bubble? That is the question that astute investors may now be asking. According to Nouriel Roubini, CEO of Roubini Macro Associates and professor at NYU Stern School of Business, now is the time to be overweight gold as more bubbles pop up.

Gold to Test Major Uptrend; Fed to Remain Behind Inflation Curve. Battered gold and silver markets face a test of their bull market prospects. For gold, a bullish trendline has been in force since late 2018

Based on benchmark stock market index’s recent performance, all seems well and good for risk assets – but underneath the surface, however, warning signs are flashing for investors in financial markets. Over the past several weeks, significant selloffs have occurred that may serve as leading indicators of trouble ahead.

Taper talk from the Federal Reserve is back in focus. But for now, it’s all talk and no action. Last week, former New York Fed President William Dudley said the central bank will begin the process of tapering – winding down its monthly asset purchases – by year end.

Heading into Memorial Day weekend, American motorists will see the highest prices at the pump since 2014, according to the AAA. Gas prices now average $3.04 a gallon nationally – reflecting a jump of more than $1.00 compared to the same time last year.

This week has been truly brutal for the entire cryptocurrency sector, with the prices of major currencies like Bitcoin and Ethereum crashing at least 30%. The overall sector has shed trillions of dollars in value. The recent carnage for holders of digital currencies could be due to many factors including profit taking spurred by Elon Musk.

As the Biden administration showers the nation in debt-funded handouts and federal bailouts, new concerns are emerging as to the likelihood of a “Great Reset” in the value of our currency. However, this potential dollar rout has been in the making for many years.

The yellow metal gained over $20 per ounce on the news. The jobs report was a major piece of economic data-possibly the most important of the month.

Is it a temporary blip… or the beginning of a long-term trend? That’s the key question facing consumers, investors, and retirees when it comes to inflation.

Strong demand for bullion products amid tight market conditions and unprecedented “stimulus” measures from Washington have lots of people asking lots of questions. Here we will answer a few of the most pressing questions currently on the minds of precious metals investors.

Prices for the cryptocurrency have slid from a high of over $64,000 on April 14th to under $48,000 in trading this past weekend. The 25% sell-off would be akin to a crash in the S&P 500. But for crypto markets, that kind of volatility is fairly routine.

As top officials around the world convene this week for a “climate summit,” President Joe Biden’s administration is planning the most radical expansion of government’s role in the economy since FDR’s New Deal.

Gold rallied last week toward the top of a down-trending channel that has been in force since prices peaked last summer. A breakout attempt in early January failed. The gold market subsequently slumped to a potential double-bottom low in March around $1,675/oz.

Ignore what central bankers are saying; instead, watch what they are doing. While they poo-poo gold or pretend it doesn’t exist, global central banks have been quietly but aggressively accumulating gold bullion for several years now. The Central Bank of Russia, for example, has been a consistent buyer of gold.

Housing costs are skyrocketing. The median sales price of existing homes has spiked 16% over the past 12 months – the fastest pace in 15 years. The real estate market is being pressured not only by a low inventories of houses listed for sale, but also by rising prices for construction materials.

Rarely do markets move straight up or straight down. The stock market has, however, essentially moved straight up since the March 2020 mini-crash. As the market moves higher, an increasing number of “analysts” are calling for even higher equity prices.

The federal government is spending and redistributing newly created cash so rapidly, it’s becoming difficult to keep track of which trillions are going where. This week, President Joe Biden will pitch a $3 trillion “green” infrastructure package. That’s on top of the $1.9 trillion economic “relief” bill he recently signed into law.

On Monday, Federal Reserve Chairman Jerome Powell spoke at a virtual “Innovation Summit” hosted by the Bank for International Settlements, the central bank for central banks around the world. Powell aimed his remarks specifically at digital currencies.

Precious metals markets traded into an important technical juncture ahead of Wednesday’s Federal Reserve policy announcement. Bank of America analysts stated that this week’s meeting is “one of the most critical events for the Fed in some time.”

Supporters of the World Economic Forum’s all-encompassing Great Reset agenda are eyeing BIG changes for the global monetary system. Plans that might once have been dismissed as pure speculation or conspiracy theories are now being openly pushed by people who occupy the highest levels of power.

What’s driving these “energy” metals? Besides ongoing currency depreciation and the risks of higher inflation, which will help boost all hard assets over time, rising demand for electricity in general and electric vehicles in particular.

In the last two weeks, there has been a greater awakening about the silver story – its growing industrial uses, its growing investment demand, and the pre-existing bullish posture of the silver market itself.

One of the most bullish backdrops for precious metals is an environment of negative real interest rates – that is, when bonds and cash yield less than the inflation rate. […]

As extreme market conditions drive tremendous volatility in silver spot prices, buyers are exerting unprecedented pressures on retail physical bullion products.

As Treasury Secretary Yellen together with her protégé Jerome Powell at the Fed prepare to pursue “weak dollar” policies and coordinate globally with other central planners, investors may find that the world’s strongest currencies are physical precious metals.

On Wednesday, the Democrat-controlled U.S. House of Representatives voted to impeach President Donald J. Trump for a second time – this time with just a few days left in his term. It was a mostly symbolic rebuke. Financial and precious metals markets barely budged on the news.

It’s happening again. Even before the conflagration occurred in Washington DC last week, retail demand for gold and silver had been rising sharply since late last year.

If global elites have their way, 2021 will be the year of the “Great Reset.” They believe now, after the coronavirus and lockdown policies have inflicted a heavy toll on the public, is the perfect opportunity to implement their technocratic vision.