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Commentaries

The SpaceX IPO and the Return of Financial Gravity

When everyone else is buying a story that requires everything to go right, it is wise to also own something that does not depend on the story at all.

The Iran War Is the “Nail in the Coffin” for Dubai

Spoiler alert: Lebanon was done within a decade. It never truly recovered and is in decline now. And Lebanon is a beautiful country. It is not a petro-kingdom in the middle of the desert.

U.S. Precious Metals Industry Coalition Urges Congress to Advance SILVER Act to Address Critical Infrastructure Concentration & National Security Risks

The precious metals industry called on Congress to pass the SILVER Act to address national security risks by strengthening the geographical diversity of U.S. precious metals infrastructure.

Should You Sell Your Gold To Buy SpaceX?

This is why gold has struggled recently. The issue is not that the long-term case for gold has disappeared. It is that markets are once again focused on the Federal Reserve.

Based on History We May Still Be in the Early Stages of a Long-Term Inflationary Cycle

Again, history doesn’t always repeat. But this looks an awful lot like a sequel to the 60s and 70s.

Have a Recipe: Why Long-Term Investors Should Ignore the Noise and Focus on Fundamentals

Maharrey contends that investors are too often driven by headlines, market volatility, and emotional reactions. Instead, they should establish a long-term framework...

New Fed Chair Wants to Move the Inflation Goal Posts

During his confirmation hearing. New Federal Reserve Chairman Kevin Warsh indicated that he preferred “trimmed averages” for price inflation.

New Closing Low For Gold – Again

In the face of possible reasons (Iran conflict, inflation fears, etc.), why gold and silver prices should be going up, the price action of both since late January tells a different story.

BIS Gold Swaps Rise as the Metal’s Price Falls

The bank's gold swaps stood at only 56 tonnes in December, making May's swaps total an increase of 260%. The swaps totaled 181 tonnes in March.

Bullish for Gold: Spiking Inflation Could Send Real Yields Lower No Matter What the Fed Does

Shah noted that if the Fed simply held rates at the current level, a rapid inflation spike would put downward pressure on real rates.

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