The world is becoming more digital. In time, citizens will partake in blockchain-based games so powerful… that the human brain will believe the game is reality. That’s a disturbing thought, but there are more pleasant aspects to the...
The US stock market continues to struggle, and the miners look ready for a major rally. The US stock market chart. I’ve highlighted the 1966-1980 period… and suggested that America is at a point much like 1966.
There are three big price drivers currently at work in the gold market: The rise of inflation, the huge bull continuation pattern on the weekly price chart, and the war cycle.
China’s real estate behemoth Evergrande is now “Notsogrande”. Not surprisingly, fiat debt is the problem. The proposed “solution” is likely to be more debt… and more money printing.
Investors are eager to see a significant rally in the price of the world’s greatest metal, which of course is… gold! Are these expectations realistic, given the overvalued stock market and the prospect of central bank tapering? The answer...
Gold rallied strongly after Friday’s jobs report was released, but all the gains have been lost.
Why is Jay Powell so adamant that inflation is temporary? If the Fed acknowledges that higher inflation is ingrained, it must raise rates and kill its QE welfare programs for stock, bond, and real estate investors. That’s the last thing...
From a technical, cyclical, and fundamental viewpoint, gold is in a fabulous position for price appreciation against American fiat currency. Months ago, I suggested that late August would see a fade in Corona cases bring a revival in...
When I predicted the virus crisis of 2020 before there was any Corona, I did it using long-term cycles. I’ve since suggested that investors need to be prepared for a possible (and potentially more ominous) war cycle in 2021-2025.
The dip in the gold price over the past few days doesn’t change anything on this long-term chart. The bottom line is this: Like money, gold is clearly superior to fiat.