Some analysts say the sell-off was the end of the gold bull market; however, Paulson said the bull run is just getting started because the world is losing faith in fiat currencies.
While the politicians argue and squabble, the real economy is champing at the bit. What it needs is not a specific policy; it needs clarity over what the future looks like.
Analysts at BMO Capital estimate the People’s Bank of China holds 5,200 tonnes of monetary gold. That represents about 13 percent of the total above-ground gold supply.
Some analysts believe we are in the early stages of a secular bear market in bonds with higher yields on the long end of the curve no matter what the central bankers at the Fed do.
When the war began, Russia held about half of its reserves in dollar, euro, and pound sterling assets. The other half was in yuan and gold, which remain accessible.
The only price on the list lower than five years ago was bacon. The bottom line is price inflation is worse than they’re telling you. And they’re telling you it’s pretty bad.
The one thing about a dimwitted futures market is that what the market thinks or prices doesn’t make a dime’s worth of difference on whether we actually run out of oil or to what degree.
Harvey said Sagard is moving investors away from developed-market fixed income assets and into a “preservation bucket” that includes commodities, gold, real estate and infrastructure.
