
A Sick US Patient With $100 Trillion Debt
The Western world economy is now as close to being terminally ill as it has ever been and its population is continuously getting unhealthier.
Read articleThe Western world economy is now as close to being terminally ill as it has ever been and its population is continuously getting unhealthier.
Read article30-year Treasury bonds have fallen by more than 50%. Losses are starting to mount again, and this is worrying many observers. Although the US is not exposed to the risk of default, this decline reflects the effects of tighter monetary policy.
Read articleIMF data shows gold reserves at the Central Bank of Russia rose by 3 tonnes (≈ 100,000 oz) in August. This means that its gold reserves are back to where they were at the start of the year - 2,333 tonnes.
Read articleSome people know the story of the Gold Rush from the Charlie Chaplin film, others from TV shows or books of all kinds. At the very least, historians consider this period to be one of the most significant of the 19th century. Both fascinating and structuring, it is particularly revealing of Americ...
Read articleThis week we will look at a couple ratio charts that compare precious metals to real estate to get a sense of what might be the better investment going forward.
Read articleIn the United States, the consumer price index (CPI) rose by 0.6% in August and by 3.7% year-on-year. This is an acceleration on the 0.2% monthly increase and 3.2% annual gain published in July. The year-on-year increase is higher than the economists' forecasts. In other words, August's CPI excee...
Read articlePrecious metal prices, particularly silver, are closely linked to energy prices. Bank demand for gold looks set to be extremely strong in the final quarter of 2023, especially as the banking crisis is likely to spread internationally, as it did in 2008.
Read articleChina added to its gold reserves for a 10th straight month, extending a push to bolster its hefty stockpile as it tries to diversify away from the US dollar.
Read articleGold is testing all-time highs in many currencies. Gold in yen is achieving this performance at a time when the Japanese bond market is going through an unprecedented crisis of confidence.
Read articleIt is becoming clearer an clearer that China will not be the leading power in tomorrow's world. Since the pandemic, China's economy and banking sector have been in dire straits. The country is looking for new sources of growth. At the BRICS summit, held in Johannesburg from August 22 to 24, Xi Ji...
Read articleMatthew Piepenburg sits down with Rick Rule and Jim Rickards to discuss the future of the USD, the rising BRICS tide and the Realpolitik of any realistic gold-backed BRICS trade currency.
Read articleOn July 27, figures released by the US administration showed GDP up by 2.4%, well above the 2% anticipated by analysts. The U.S. economy seemed to be resisting the sharp rise in interest rates better than expected. But the administration published a terse correction: the increase in GDP was not 2...
Read articleFor years Matthew Piepenburg and Egon von Greyerz have warned investors about the consequences of a system based on unlimited money printing, debt creation and money debasement. The world economy and the financial system is now on the cusp of a precipice. No one can forecast when the coming viole...
Read articleWe last looked at the Gold Silver ratio in February, and I would like to revisit the monthly chart today as the pattern has continued to morph yet is still playing out largely as expected.
Read articleWith the recent rise in interest rates, demand for credit is collapsing in many sectors of the economy.
Read articleA recent NBER study shows the close link between the price of gold and the level of real interest rates. This study has attracted criticism for gold, and a Bloomberg article entitled "Gold is no longer a safe haven" has caused quite a stir. In this article, we will demonstrate that the arguments...
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