Precious metals are apparently waking up. And here is where you can find the best deals.
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The Fed has emboldened gold bulls. “The weakening dollar & the lack of concern of a Fed interest-rate hike, & higher inflationary numbers in the market, all support the precious metals.”
While in global terms the Mint is still small - its total gold sales of 237,000 ounces last year were dwarfed by the U.S. Mint's 1.2 million ounces of gold Eagle and Buffalo coin sales, the Austrian Mint's 534,000 ounces of gold Philharmonic coin sales, and the Perth Mint's 520,000 ounces of gold sales
The Russian Central Bank is one of the world’s leading gold buyers, and in February 2016 it purchased more than 10 tons of gold.
Simple math reveals that there isn’t enough gold to meet growing Chinese gold demand — not at current prices. The coming price crunch…
it appears that the Federal Reserve continues negotiating international regulatory standards for financial institutions among global bureaucrats in foreign lands without transparency, accountability, or the authority to do so."
We are continually told that this time is different and that the banks have been reformed and then yet more signs of “trouble,trouble,trouble”
President Roosevelt revalued gold from $20.67 to $35.00 per ounce in 1933 – a substantial devaluation of the dollar. Make-work and government spending programs were implemented. War followed the depression.
The chart enclosed shows the annual real GDP growth decelerating since 1950.
Do President Trump's first moves in office signal a weaker dollar and higher gold prices?
in 2017 we cited the following macro dynamics that keep us cautious on equities, bullish on Treasuries & Gold, and negative on credit
The Keynesians and the Capitalists are heading for an economic showdown at the O.K. Corral. Keynesians believe the central government should control the economic levers affecting the masses. The economy can't be entirely left up to the free market. Big government believers want the "leaders" determining the winners and losers. Controlling reallocation of wealth preserves the power of the political…
The specter of global stagflation is looming ever larger as inflation across the world is beating analysts’ forecasts
Despite “reflation” that has gripped almost every market, where it has been less evident is in the more important commodities.
It's been a wild year for bitcoin. It began 2017 with a 20% rally during the first five days of the year before crashing 35% on concerns of a crackdown on trading in China.
I was fooling around with some charts and discovered something interesting:
David Brooks and the Cato Institute, calling for the return of bankruptcy protections to student loans.
Hopes for corporate tax cuts and spending on infrastructure projects helped to power the stock market
“Next Battle In Currency Wars Starting Now...Who Will Win? Probably GOLD... ”
Shinzo Abe, Japan’s prime minister, complained on Wednesday after Mr Trump attacked China & Japan for “playing the devaluation market”.
Safe-haven demand amid wobbly world stock markets & a depreciating U.S. dollar against the major world currencies are boosting the precious metals markets