Savings

2024 could be the year of major social and political upheavals. Bad-mouthing gold does not prevent a crisis, it exacerbates it, because it deprives the population of the golden safety net. Without a safety net, people are known to fall deeper and harder.

Inflation in the United States is creating tensions between the Fed and the Treasury on monetary policy, resulting in market repercussions with stock declines, bond yield increases, and a correction in gold due to sales in derivative markets.

Egon von Greyerz, sits down with Investor Talk’s Jan Kneist to discuss his outlook for 2024, which includes clear signs that now, more than ever, investors need to be prepared for an historic wealth transfer.

The next big run in gold is much closer than the majority of investors seem to believe.

Recent rises in inflation have plunged the continent into an unprecedented stalemate: the farmers' protest movement is mainly attributable to the consequences of this general decline in purchasing power recorded in Europe over recent quarters.

Chinese investors are abandoning their own stock market and seeking exposure to growth in the US and Japanese markets. Gold could be sold in the short term in a deflationary wave, but it would also serve as the ultimate refuge for international investors disappointed by a stock market they believ...

This week we will look at Gold's price as a series of large ascending channels that will provide a framework for where price could go by the end of the decade.

The latest U.S. inflation figures are well above predictions. The consumer price index (CPI) rose by +3.7% year-on-year in December. Inflation appears to be accelerating, exceeding the pace recorded at the same time last year.

Inflation takes off at around 4% in Japan, a significant level for a country which, apart from the 2014 surge, has generally recorded inflation rates close to zero, or even negative, since the turn of the century.

The total mismanagement of the US financial system has led to the dollar losing 98% of it’s value since Nixon closed the gold window in 1971. Most other currencies have followed the dollar down at varying speeds.