America’s Independence Day holiday is over. Sadly, now it appears to be mostly about independence from gold… with macabre dependence on debt, fiat, and violent meddling in faraway lands.
De-dollarization is here, and it’s boosting gold bug morale in a major way. Gap enthusiasts may want to see the March gap filled before eagerly buying more gold. I’ll also note that the 14,5,5 series Stochastics oscillator is not quite...
Most gold investors in America tend to focus on the “fear” trade. Negative real rates are good for gold. Recessions are good for gold. Almost anything bad that happens is deemed as good for gold.
In the fiat-obsessed West, the number 13 is considered unlucky. Today is the 13th of June. Will it be unlucky or vibrant, for the gold bugs of the world?
There are many reasons to own lots of gold and silver (and mining stocks). De-dollarization, stagflation, empire transition, rampant debt, etc. The list is substantial. These are fundamental drivers of the gold price for the long term…...
The gold market reaction continues, and the daily closing price chart does a good job of highlighting key buy zones for investors.
Most investors remember the Ben Bernanke era of falling rates and the rising price of gold. When there’s deflation, citizens need to hold lots of gold. When there’s inflation… they need even more.
The American government is a debt-oriented mess and sadly, most proposals to fix it involve even more debt.Ironically, gold could dip towards my $1960 and $1900 buy zones if there is a congressional agreement to raise the debt floor.On the...
Last week, even with central bank rate hikes and a key employment report, gold held its $2000 line in the sand. Tomorrow is the (CPI inflation) report… and gold is quiet but firm.
The antics of American slapstick comedians like Buster Keaton, Stan Laurel, and Oliver Hardy were incredibly hilarious, but the ridiculous antics of the US government are even funnier.