Rates

Even if the situation regarding private debt is not problematic at the moment, 2024 is likely to be a very different story: the wall of private debt is much harder to break through than the wall of public debt. These U.S. debt risks are the main reasons why gold prices are so high. The closer we...

Piepenburg addresses what he perceives as the misleading debate surrounding hard versus soft landings, asserting that the evidence of a severe economic downturn is unmistakably apparent. The conversation then turns to the reality rather than hype of de-dollarization, the questioned performance of...

The hope of a "pivot" by the Fed curbed the appreciation of the dollar, which had just set an all-time record against the Japanese yen. The depreciation of the dollar is benefiting the gold price, which is once again approaching its $2,000 resistance level.

Rising interest rates have led to a significant increase in the burden of public debt. The United States now has to pay over $1 trillion in interest, an amount that has doubled in just nine months. This burden is set to rise considerably further, as most of the debt is short-term, requiring refin...

We are on the inevitable road to perdition for the world economy & financial system, ending in a potential global conflict of uncontrollable proportions. Evil begets evil as The Cycle of Evil hits countries at the end of an uncontrollable debt expansion.

Far removed from the turmoil of the bond markets, gold continues to move ahead without the slightest speculative excess, and in a climate of general indifference.The price of gold in yens is now rising exponentially, just as it would against any currency of a country in a sovereign crisis.

The relationship between gold and real rates broke down when real rates turned positive again. What counts now is the search for solvency, not the search for yield. The return of investment takes precedence over return on investment.

The reshaping of the world economy and the global order is in full swing. There are powerful factors, such as the shift in economic, demographic and military weight, that are driving the readjustment in the (geo)political arena. And this readjustment is also reflected in the change in gold flows.

The rise in interest rates initiated by the Fed has had a devastating effect on bonds, which were massively purchased by banks, insurers and pension funds when rates were low. The question is whether this fragility in the banking and insurance sector is likely to trigger a credit crunch.

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.