That next wave higher could be triggered by a collapse in the credit markets. The credit collapse could push the world economy into a severe economic depression.
President Trump’s policy of using government funds to invest in private companies in exchange for partial government ownership of the companies is not pure socialism. It is corporatism.
Think about it: how many things in your house could you bury today and dig up 3,000 years from now in virtually the same condition as when you buried them?
Gold and silver may have spent much of 2026 consolidating after January's sharp correction, but veteran precious metals analyst Ed Steer believes the next major move could be much higher.
The enemy of your enemy is indeed your friend -- sometimes, and maybe for a while. But why should any gold advocate think that the totalitarian regime in Beijing is any more trustworthy than the corrupt regimes in London and Washington?
Clearly, if 720,000 people dropped out of the labor force in just one month, a 0.1% drop in the unemployment rate does not indicate the labor market is improving. The greater and more important number is the 720,000 people who evaporated.
