Are these governments and central banks ever privately communicating and coordinating their policies about gold? Respectable financial news organizations don't ask.
Doug Casey: I’m not sure there’s much you can do. Unless you want to move to the north woods and become a hermit.
Worse, Q2’s first peek at Gross Domestic Product ex-inflation was only +1.5%; add back the Chain Deflator of a whopping +6.3% (the highest since coming out of COVID during Q2 of 2022) and 81% of Q2 GDP total “growth” was by inflation rather than improvement.
Mt. Erebus is an active volcano. It’s not so much erupting as bubbling. Inside the volcano sits a permanent lake of blazing, molten rock. This hot lava emits a lot of gases. Mixed with the steam bubbling out of Mt. Erebus are microscopic particles of crystalline gold.
There is a difference between owning an asset and owning a claim connected to an asset. A depositor owns a claim against a bank, not a particular collection of notes held in its vault. An investor in a gold-backed product may...
The question is whether falling bond prices and higher interest rates result from massively huge credit problems OR the ongoing U.S. dollar/inflation concerns. That is the never-ending dilemma...
According to the World Food Program, an estimated 645M people face chronic hunger globally, and about 2.1B experience moderate or severe food insecurity. If the war in Iran continues, and there is no sign of it stopping, access to food will be even more restricted...
Technical stock chart updates on $GDX, $NEM, $LUG.to, $TECK, $AGQ, $SILJ and more.
This week’s vote from the Federal Reserve FOMC committee is going to have implications for quite some time. I think most of the pundits who are writing about this have their analysis wrong. This was not just a vote to not raise rates. I think there was a lot more going on behind the scenes.
