There is quite a bit of debate right now about whether inflation’s effects will worsen again soon; or, whether the inflation threat has been minimized and “disinflation” will prevail. Don’t look now, but the specter of a liquidity crisis...
There are two reasons the Fed manipulates interest rates. Before we talk about those reasons, though, it is important to understand that the Fed does not actually control interest rates. Interest rates are set in the bond market.
Among the major fiat currencies in the world today, the U.S. dollar is “the best of the worst.” What that means is that there are no better alternatives.
Justification for gold to move substantially higher in price continues to press the boundaries of imagination. In this article we will try to filter the noise in the headlines and also simplify what has been marketed as something much more...
In real (inflation-adjusted) dollars, both gold and silver prices peaked in 1980. We’ll look at charts for the two metals and discuss their applicability to current price expectations. Silver first…
As the dollar continues to lose purchasing power over time, the price of gold continues to rise reflecting...
Viewing gold in its proper context seems to be difficult for most gold bugs. The excitement associated with anticipation of gold at $3000, $10,000, or higher tends to overide real fundamentals and common sense.
The “biggest collapse in the money supply since the Great Depression” continues unabated at this point. The decline in the money supply is nearly three years old and dates back to April 2021.
We are currently in the midst of the latest round of projections for new highs in the gold price. Those projections are more the result of anxious anticipation and elevated emotions rather than real fundamentals.
Expectations for gold to move higher in price are often tied to worsening inflation and a possible collapse in the U.S. dollar. That sounds logical and there is historical precedent to support such expectations; but, some clarification is...