Articles

The “normalization” of monetary policy, while plausible, may turn out to be a misnomer or even a pipe dream without much stronger growth and inflation. In their absence, long-term global bond yields are likely to remain below what would be considered “normal” in previous cycles, and downward pres...

Incredibly, most investors see no danger in stocks, bonds, property and debt being at historcal highs. This is the most lethal concoction of bubbles that has ever existed in history. Of course, bubbles can expand further before they implode.

Visa has declared war on cash and its "opening salvo" is to start paying restaurants $10,000 to go completely cash free.

As of 7.30pm, 3,098 contracts had changed hands, 2,186 priced in yuan and 912 in US dollars

The gold rally that began on Dec. 15, 2016, is poised to continue despite the trauma of the flash crash. The crash represents a gift to investors. We now have a better entry point for what will still be much higher gold prices later this year.

A manipulated economy can never be in equilibrium. The Fed’s and the government’s artificial meddling of economic cycles will always result in massive overshoots, thus creating gigantic booms and busts.

The present monetary system of the world, based on the dollar, is on its death-bed. A fiat currency –such as the dollar– cannot be replaced by another fiat currency. Therefore, the world will necessarily have to take up gold as the world's money; silver will doubtless complement gold as the world...

Commodities are the cheapest they have been in 50 years and that’s a buy signal. "Buy when there’s blood in the streets even if it’s your own."

China seeking to expand the use of its yuan-denominated gold fix overseas, says chairman of the mainland China’s sole gold bourse

Silk Road (China, India, Russia & Turkey) gold consumption.

The dollar will rally for 6-8 weeks while gold heads lower. Gold has decisively broken down through its 200 dma. Traders are in a bull market mentality and will try to buy gold’s dips until sentiment becomes bearish.

Gold has closed below its intermediate uptrend line. This is the first confirmation that a larger intermediate degree decline has begun.

A well-known coffee company says, “Respect the bean”. That may be good advice, but I think it’s vastly more important for gold and silver bugs to “Respect the bar”!

As we reach the final stages of the current economic cycle, hubris is prevalent everywhere. Central bankers and bankers believe that they can continue to create wealth by printing and borrowing money. Since it has worked so well for 100 years in this latest cycle, why can’t it continue?

Gold’s intermediate cycle low is still 6 to 8 weeks away.

According to Goldman Sachs, central banks now hold a full third of the world’s bond market.

If the US debt would be backed by gold, it would require 3x more gold than what has ever been produced.

Since January 1999, when LBMA prices traded at 250.90 in euros, gold has seen a compound annual growth rate of some 8.7% compared to 5.4% for the DAX, 1.5% for the CAC 40 and around 0.15% on the Eurostoxx 50, using monthly data and closing prices from May 31.

The United States Federal Reserve held its resolve to raise interest rates with a minimum 0.25% increase at its June meeting.

It’s time for oil to rally a bit and for gold to move down into an intermediate cycle low.