Eventually the monetization of federal debt will lead to a major economic crisis caused by, or resulting in, the rejection of the dollar’s world reserve currency status.
The top economic article is about the battle between stocks and bonds and even between US bonds and the global economy, which is all going to intensify this year.
Whereas the 1929 crash led to one 3-year 89% market crash, I believe we will see many smaller degree crashes during the impending bear market.
Both Lundin and Maharrey agreed that gold and silver remain indispensable tools for preserving wealth amidst economic turbulence.
The bottom line is the Federal Reserve is stuck between a rock and a hard place. And there is no easy way out.
If the Trump administration succeeds in reining in government, restoring sound money is the best way to ensure the politicians who come next won’t screw it up.
After years of effort by Money Metals, the Sound Money Defense League, and allies, Kentucky passed a bill ending the sales tax on precious metal purchases in 2024.
With a pattern of higher lows and higher highs, it's bullish. I wouldn't mind if the market pulled back into the 100-day average and the 18-day average, between $2667 and $2655.
