Experts estimate that a 20% fall in real estate activity could translate to a 5%-10% reduction of China’s GDP, which, lest we forget, is the world’s second-largest. Should America’s economy begin to feel the effects of China’s contraction, gold will take its historic crown as the safe haven of choice for those seeking shelter from an economic crisis.
Full Article →Breaking Down the Dollar Monetary System
If you ask most people, “what is money?” they will answer that money is the generally accepted medium of exchange. If you ask Google Images, it will show you many pictures of green pieces of paper. Virtually everyone agrees that money means the dollar. What does it mean to have a dollar?
Full Article →Everything Is Fine
Market optimists remain convinced that “everything is fine.” After all, the stock markets keep climbing, the Fed remains optimistic inflation will subside in the near term andsupply chain issues will somehow, magically, work themselves out. So everything will be ok. It’s fine.
Full Article →Good Investments Near Impossible to Find
Pension Funds Are Struggling to Find Stable Investments (Just Like Everyone Else). The Wall Street Journal recently reported that state and local pension funds have just received a historic windfall of cash, thanks in part to taxpayer dollars… But where to invest?
Full Article →The Rising Fundamentals of Gold and Silver
Prices move up and down, in the restless churn of our irredeemable monetary system. There are several schools of thought whose theories attempt to describe, if not predict, the next price move…
Full Article →Central Bank Inaction Sends Gold Soaring
Despite little in the way of support that interest rate hikes would go as planned, gold has been suppressed for over a month with the hikes seemingly being priced in. With the Federal Reserve, the Bank of England and the European Central Bank all inclined to watch and see, the markets were quick to react to dovishness.
Full Article →Gold Breakout Confirmed (Kinda)
Gold finished solidly above the $1,800/oz level on Friday, marking the yellow metal’s best weekly close since late August. More importantly, gold may be breaking out of a larger consolidation pattern in force since prices peaked August last year.
Full Article →Gold Gearing Up On Fed Inflation Abdication
When will precious metals markets finally make their move? It’s a question that has frustrated many investors in 2021. However, there are signs both technical and fundamental that point to a major directional move coming in the relatively near future.
Full Article →Investment Gold: Perspective from India
India’s position as the world’s top gold-buying nations is well-established, although sometimes China briefly replaces India in the #1 spot. In both countries, physical gold investment even in the form of jewelry is one of the most popular means of wealth storage.
Full Article →Why a Yield on Gold Matters
Picture, if you can, a world in which gold circulates as the medium of exchange. People pay for everything, from groceries to rent, in gold. Employers pay wages in gold. Productive enterprises borrow gold to finance everything from food production to constructing apartment buildings.
Full Article →Worried Foreign Central Banks Boost Gold Reserves
After sitting on the sidelines last year, central bank appetite for gold has resumed, due to inflationary pressures globally along with disruptions in the energy market. Russia recently reached a milestone record for its gold reserves, ranking fifth in the world for holdings – with well over 20% of its reserves in gold!
Full Article →The U.S. Can't Spend Its Way Into Prosperity
With Halloween right around the corner, things are already looking plenty scary. “Get ready for a New Recession in 2022.” That’s how Jim Rickards ended a recent article, and sums up what could happen after the past year nicely.
Full Article →Paper Gains Can Lead to Paper Pains
Investment gains look good, on paper. Especially in your retirement saving accounts. But things can change quickly in the markets, and those gains can disappear faster than a Fed press conference led by Chairman Powell.
Full Article →Why Isn’t Gold Going Up With Inflation?
Many voices in the gold community are making a simple point. Look at the prices of oil, copper, and other commodities. They are skyrocketing. The mainstream explanation is that the cause of this skyrocketing is the increase in the quantity of what is called “money”.
Full Article →Are Shortages in the Economy Extending to Precious Metals?
While the Fed insists that recent high inflation readings are “transitory” and that long-term inflation expectations remain “anchored” at 2%, investors can’t afford to take their word for it. We must be prepared to navigate unpredictable and erratic markets…
Full Article →Will They Cancel Christmas?
The alarm bells of inflation, supply chain disruptions, and an overvalued stock market are all sounding at the same time. You don’t need to understand WHY things are off-track, so long as you understand your plan to protect yourself and your family from the consequences.
Full Article →The Hidden Thief Picking Social Security’s Pockets
If you had dreams of retiring soon, perhaps even next year, and starting your “dream retirement” off on the right foot … you could be in for a bit of a nasty surprise.
Full Article →Extreme Ratios Point to Gold and Silver Price Readjustments
Kicking the can down the road is the new national pastime. Every time the government’s bills come due, officials at the Treasury Department find creative ways of paying them with money they don’t have.
Full Article →Shocking Truth About US Economy
The large majority of the nation’s spending, and wealth, is handled by people who don’t have much in common with gold bugs – at least not yet. Let’s start with some data.
Full Article →Emboldened, Super-Funded IRS to Target Bank Depositors
New, heavy-handed IRS and Federal Reserve controls along with other threats to financial privacy highlight the importance of holding wealth outside the banking system.
Full Article →Here’s Why Modern Unbacked Money Derives Value from Gold
Money has value, but not because the government says so. In an analysis on Eurasia Review, Frank Shostak goes in-depth in an attempt to answer the question: why does money have value? Opposing the views that the value of money is there because of government reassurances…
Full Article →The Time Is Now
Strong Demand Pushing Bullion Premiums Higher Again. The best time to buy gold and silver was before the world began its slide into insanity. The second best time to buy metals may be now.
Full Article →Unfortunately, like stocks, home prices can drop like a rock at a moment’s notice. That’s one lesson we learned all too well in 2008. Another Great Recession-type plummet in home prices forces many buyers underwater, stranding them with an asset they overpaid for and can no longer afford
Full Article →Would you rather enter the battlefield with physical gold and silver -encased in a metaphorical Abrams M-1 tank – or “armed” only with a sheet of paper showing you have unallocated pile of metals, possibly maybe.
Full Article →Analysts think stagflation might be the boost gold needs right now. The gold market continues to experience strange action, having most recently fallen to $1,720 only to bounce back to $1,760 by Friday’s time. It was a repeat of the week before, where strong selling pressure was met with a lot of buyers.
Full Article →Inflation Tax Coming for Investors
The post-COVID inflation surge that was supposed to be “transitory” is looking a lot more permanent. On Friday, the Bureau of Economic Analysis Friday released data on Personal Consumption Expenditures (PCE), the Federal Reserve’s preferred inflation gauge.
Full Article →The Fed’s ‘Dangerous’ Path Toward Debt Monetization
A prominent U.S. Senator just called the head of the nation’s central bank “dangerous.” Unfortunately, the true dangers of U.S. monetary and fiscal policy were lost on everyone involved. On Tuesday, Federal Reserve Chairman Jerome Powell testified before the Senate banking committee…
Full Article →China Gold Buying Surges on Evergrande Crisis
It’s easy to forget that a crisis is brewing when it’s overseas. Yet to anyone familiar with the situation, the Evergrande housing crisis in China has all the makings of a repeat of the 2008 financial crisis.
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