Markets appeared to shrug off the dramatic events in Russia over the weekend… Putin is still in office and in control of the military as he continues his assault on Ukraine. But his grip now looks shaky… bad things can happen amid disorderly change. Imagine what would happen to the price of crude if disruptions were […]
Russia’s Revolt Has Made the Fed’s Inflation Fight Even Harder. Here’s Why. Read More »
Emerging central banks are gearing up for a new monetary regime in which gold will play a vital role as a settlement mechanism, according to Goehring & Rozencwajg. “The U.S. dollar might be on the verge of losing its reserve currency status,” “A change in the dollar’s reserve currency status would be the most impactful
Gold’s value compared to equities and bonds makes it the perfect portfolio diversifier. It’s only a matter of time before gold prices push well past $2,000 an ounce as the world continues to deal with higher interest rates, rising inflation pressures, and the global economy drowning in debt. “Gold relative to money supply itself is also absurdly
Over the 70 years, any time the New Orders Index has dipped below 43.5, a recession has followed soon after. the monthly reported data, which dates back to 1948, sizable declines in the ISM Manufacturing New Orders Index have coincided with U.S. recessions. Since 1973, there have been four instances where commercial bank credit declined by
The U.S. has intensified plans to evacuate Americans living in Taiwan, The Messenger reported. The report came a day after Taiwan’s air force scrambles into action after spotting 10 Chinese warplanes crossing the sensitive median line of the Taiwan Strait, as the island’s defense ministry said four Chinese warships also carried out combat patrols. “The fact
Report: US Planning for Evacuation of Americans in Taiwan Read More »
Gold, Silver, Bitcoin assets are his ‘best insurance’ against Economic Crash Landing. US economy, believes worst-case scenario will play out Kiyosaki’s top pick is gold, gold serves as an anchor for portfolios built to maximize wealth protection From 1974 to 2008, there were eight years when inflation in the U.S. was considered abnormally high. Gold
Signs of de-dollarization are unfolding in the global economy, strategists at the biggest U.S. bank JPMorgan said… The strains of steep U.S. interest rate rises and sanctions that have frozen Russia out of the global banking system have seen a fresh push by the “BRICS” nations, Brazil, Russia, India, China, and South Africa, to challenge
JPMorgan Flags Some Signs of Emerging De-Dollarization Read More »
The deal features a major black swan event that could lead to higher demand for gold and silver. As shown below, the US has over $31.4 trillion in public debt. This is a significant increase considering that the debt amounted to $9.7 trillion in 2008 and only $345 million in 1968. This new deal is
Gold and Silver Prices Brace for $50 Trillion Black Swan Event Read More »
Americans consider gold the second-best long-term investment option, according to a recent Gallup poll. Gold beat out stocks, bonds, and savings accounts. On the contrary, the number of Americans naming gold as the best long-term investment almost doubled this year from last. Street speculated that inflation pressure on US consumers may be driving demand as people seek
Americans Rank Gold As Second-Best Long-Term Investment Read More »
Unchecked US borrowing could end up threatening the dollar’s long-term dominance, according to Jim Grant. Promises to cut spending will likely be “negated and forgotten,” he told CNBC. Fears about the government defaulting on its debt repayments have weighed on demand for dollar-denominated Treasury bonds. (Business Insider) The dollar’s dominance as a reserve currency could
