A “commodity supercycle” is a period of consistent price increases lasting more than five years, and in some cases, decades. The Bank of Canada defines it as an “extended period during which commodity prices are well above or below their...
Through EGR Exploration (TSX.V:EGR) I’ve been given a chance to learn about Harvest Gold (TSX.V:HVG) and reconnect with an old friend, Harvest’s CEO Rick Mark.
As the richest nation and the world’s largest economy, it is hardly a surprise that the United States holds the most gold. What is surprising is where the gold isn’t: the United States Federal Reserve, known colloquially as the central...
A “Minsky Moment” refers to a point in time when a period of bullish speculation leads to a spectacular market crash. Named after economist Hyman Minsky, the theory centers around the inherent instability of stock markets.
Monday’s rout can be seen as a trial run for what happens to gold when the Fed actually lower interest rates. The precious metal climbed as high as $2,476 an ounce last Friday, Aug. 2, before plunging over $100 to $2,367 on Monday.
The Bretton Woods financial system collapsed in 1971 when President Nixon severed the link between the dollar and gold – the US dollar was now a fully floating fiat currency and the government had no problem printing more money.
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
Generally speaking, the dollar and US bond yields rise and fall together, signaling a positive correlation between the two. Conversely, the price of a bond and its yield are negatively correlated. The lower the price, the higher its yield...
Generally speaking, the dollar and US bond yields rise and fall together, signaling a positive correlation between the two. Conversely, the price of a bond and its yield are negatively correlated. The lower the price, the higher its yield...
The metals rally took a breather this week, with gold, silver and copper all showing five-day declines as of this writing on Friday, May 24. The pullback was expected given what happened on Monday.