Inflation

The market and investors are addicted to cheap credit and its absence will lead to collapse. That said, long-term interest rates have probably seen their low, bond price declines and much more money creation are the likely result. The broad stock market, with exceptions, will not be a good invest...

In all three scenarios, the long-term price of gold will rise to a level well above that of today. Only short-term movements and volatility in this rise would be impacted under these three perspectives.

While money-printing is nothing new, the increase in the money supply to combat the after-effects of the COVID-19 pandemic and pay for the feds’ largesse is unprecedented. And it’s bullish for both gold and silver. Remember, these precious metals are the ultimate form of wealth insurance. They’ve...

Even if the price of silver were to increase tenfold, it would not be enough to bring it back to a normal price, given the monetary creation of recent years and the loss of purchasing power induced in the main currencies.

If the rate hike that has been decided on turns into a bluff, inflation is likely to get out of control and that will have even more damaging consequences. It is urgent to break this inflationary spiral to avoid much more serious societal problems! This stalemate in which the Fed has settled bene...

Ronald Stoeferle shares his 2022 outlook for gold. He specifically addresses legitimate concerns regarding gold’s relatively tame/disappointing price action in 2021 despite an otherwise gold-favorable setting of declining real rates and rising inflation. Ultimately, he sees the recent sideways mo...

Because so many investors have been the direct beneficiaries of debt driven asset bubbles of unprecedented size (and hence risk), they have ignored otherwise clear warning signs. The current zero-to-negative returns in global sovereign bonds, for example, are just the latest symptoms of how ludic...

Inflation is already a destructive evil in itself, but its partial concealment reinforces its harmfulness by deceiving economic players about its real value. It is important to know that governments manipulate the money printing press, but also the measurement of the resulting price increase. Fac...

One can’t simply snap one’s fingers and, just like that, restore equilibrium to a system that is based on the outsourcing of production centers, by bringing inflation back down while preserving demand! Will a rate rise now be sufficient to correct the current problem in the global production chain?

In the current framework gold is priced based on the 10-year TIPS yield. In my view, the current framework becomes more nonsensical the longer the TIPS yield stays below zero. At the time of writing the TIPS yield is –0.74%.