In the fiat-obsessed West, the number 13 is considered unlucky. Today is the 13th of June. Will it be unlucky or vibrant, for the gold bugs of the world?
There are many reasons to own lots of gold and silver (and mining stocks). De-dollarization, stagflation, empire transition, rampant debt, etc. The list is substantial. These are fundamental drivers of the gold price for the long term…...
The gold market reaction continues, and the daily closing price chart does a good job of highlighting key buy zones for investors.
Most investors remember the Ben Bernanke era of falling rates and the rising price of gold. When there’s deflation, citizens need to hold lots of gold. When there’s inflation… they need even more.
The American government is a debt-oriented mess and sadly, most proposals to fix it involve even more debt.Ironically, gold could dip towards my $1960 and $1900 buy zones if there is a congressional agreement to raise the debt floor.On the...
Last week, even with central bank rate hikes and a key employment report, gold held its $2000 line in the sand. Tomorrow is the (CPI inflation) report… and gold is quiet but firm.
The antics of American slapstick comedians like Buster Keaton, Stan Laurel, and Oliver Hardy were incredibly hilarious, but the ridiculous antics of the US government are even funnier.
Gold has moved sideways for the past month (with an upwards bias), but the first week of May could bring some very big news from the fear trade side of the pond:
As gold gyrates in the $2000 zone, the dollar (basis USDX) has arrived at the key round number of 100, and bitcoin has reached the huge $30,000 resistance zone. Is it time for a major reaction for gold and crypto, and a big rally for the...
“Expect the unexpected.” – Financial and economic crash expert Jeremy Grantham, April 7, 2023. Jeremy argues that America is in a super bubble… and the nation’s workers are being ruined by stockholders who push corporate boards to...