Gold Is Very Cheap Now - Its Price Does Not Yet Reflect Money Printing
Gold is reflecting the devaluation of paper money, but so far it is not doing so. Use the opportunity, because it will live up to its role.
Read articleGold is reflecting the devaluation of paper money, but so far it is not doing so. Use the opportunity, because it will live up to its role.
Read articleMarc Friedrich and financial expert Lawrence Lepard talk, among other things, about the monetary policy of the central banks, the rising inflation rate, precious metals, Bitcoin, the commodities super cycle and the price targets for gold and silver.
Read articleFrom a market perspective, there was one important lesson from both 1940s and 1970s periods: At times when investable assets yield less than inflation, owning tangible assets becomes imperative. Commodities were far-and-away the best performing asset class in both of those decades.
Read articleTime is now the monetary authorities’ enemy, in contrast to the other interventionist phases in which the inflation was under control. The longer these authorities delay acting, the further the rise in prices will spread. And the longer they wait, the more the risk of an urgent intervention to br...
Read articleSome of the brightest minds in finance, Grant Williams, Egon von Greyerz, and Ronnie Stoeferle discuss fiscal policy, the "crack-up boom," inflation, liquidity, and of course gold and silver in these highlights from a recent discussion.
Read articleGold is an increasingly important asset for European pension funds, with new research showing many funds intend to increase their holdings of the yellow metal in the coming months.
Read articleThe current high inflation could theoretically transform into hyperinflation, disinflation, stagflation, or deflation. What does each mean for gold?
Read articleChat logs introduced as evidence by prosecutors at the Chicago spoofing trial of two former precious-metals traders for Bank of America Corp.’s Merrill Lynch unit show one of them, Edward Bases, bragging about how easy it was to manipulate prices.
Read articleThe sales of futures on the COMEX market, now seen almost every day, are colliding with a background trend for the purchasing of gold by the other central banks, which are starting to lose patience and want to cover themselves in relation to the risks of devaluation of their assets in terms of st...
Read articleIn the short term, the paper gold market certainly harms the only genuine gold market which is physical. But artificial markets or instruments have never survived in history. Just look at the fact that every fiat currency in history which has failed. And so will paper gold. It is only a matter of...
Read articleAfter years without substantially changing the amount of gold in its international asset reserves, the Brazilian Central Bank headed by Roberto Campos Neto bought 41.8 tons of the metal in June.
Read articleThe British government sought Monday to prevent Venezuelan leader Nicolás Maduro from gaining access to nearly $2 billion of gold held by the Bank of England as the U.K. Supreme Court started hearing a case that hinges on the question of who should be considered the Latin American nation’s presid...
Read articleThe real interest rates should remain low, so gold prices shouldn’t drop like a stone. Actually, in the longer run, when inflation creates some economic problems while the economic growth slows down, the yellow metal could finally benefit from the stagflationary conditions.
Read articleLike many fixed-income securities, the gold prices are completely detached from supply and demand. The mechanism for determining prices is distorted by ‘tools’ that enable the monetary authorities to alter the perception of their inflationary monetary policies.
Read articleAs sympathetic as the Wall Street Silver movement is and as effective as it is in drying up the retail supply chain, it is the Basel III rules that will revolutionize the silver wholesale market and the global demand for photovoltaics, which is going to push prices upward at the end of 2021 and m...
Read articleWith the foregoing risks at play, the best tactics for the current economic pitch involve longer-term preparation, a respect for historical lessons and a fundamental recognition that further and inevitable monetary and fiscal expansion can only mean further currency debasement and hence the longe...
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