Gold is a reliable indicator of geopolitical tensions, and one would think that the peace agreement between Israel and Hamas would knock the gold price off its lofty perch. But it didn’t.
Gold is up 51% year to date and reached a record-high $4,059/oz on Oct. 8, silver is doing even better at a YTD increase of 70%, palladium is up 59%, and platinum has gained 76%. Copper is up 24%, currently trading at $4.86/lb and...
The Fed is lowering interest rates in the face of sticky and rising inflation. That is a disaster in the making.
There are two demand drivers for gold. The fear trade has to do with demonetization, currency destruction, and negative real interest rates (interest rates minus inflation), which are usually gold positive. A newer term would be de-...
A “commodity supercycle” is a period of consistent price increases lasting more than five years, and in some cases, decades. The Bank of Canada defines it as an “extended period during which commodity prices are well above or below their...
So far so good, profits are incredible, gold miners are making money hand over fist and shareholders are reaping their rewards. The problems facing our gold producers are going to become apparent in the next few years.
Economist Torsten Slok produced an interesting chart showing how the inflation cycle of today resembles that of the 1970s.
US producer prices increased by the most in three years in July amid a surge in the costs of goods and services, suggesting a broad pickup in inflation was imminent, Reuters reported in mid-August.
When it comes to financial news, stocks, bonds, interest rates and inflation are some of the topics that garner headlines, but it’s consumer spending that matters most. The amount that Mr. and Mrs. Consumer spend represents close to 70% of...
We’re going to be talking to Quinton about his trip up to the Yukon and at least four different companies that he visited. I just want to put things in context concerning where you went Quinton. A few measurements to set the context. From...