Geopolitical and Debt Market Uncertainties
Inflation seems to be picking up again in the United States. In addition to the geopolitical situation, there is also likely to be a great deal of unrest on the US debt front.
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Inflation seems to be picking up again in the United States. In addition to the geopolitical situation, there is also likely to be a great deal of unrest on the US debt front.
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Fifty years to the day after the Yom Kippur War, the Hamas terrorist attack on Israel stunned the world with its brutality and suddenness. It was anticipated that this war would last longer than the previous one (less than twenty days, from October 6 to 25, 1973), with the threat of global reperc...
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The current bond crash is historic. The EDV ETF, which measures the price of very long-dated US Treasuries, has fallen by 58% in just over a year. The bond market's current fall is now greater than that recorded by the equity market during the last financial crisis in 2008 (-56%).
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As central banks continue their headlong rush to the top, they are faced with a Cornelian dilemma: bring inflation down to 2% at the risk of triggering an unprecedented economic and financial crisis, or allow prices to rise, which would call into question their mandate and lead to social upheaval.
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The price of gold falls in London while it rises in China. The divergence reported in my last article continues this week. The Chinese gold and precious metals market seems to be following its own trajectory.
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We first looked at Gold and Silver priced in World Currency Units (WCU) back in March, and it's time for an update to see how those charts have been tracking.
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This 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.
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In 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...
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Gold 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.
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On 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...
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