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Commentaries

Peter Krauth Sees Silver Reaching $80 to $85 Before Year-End

Krauth argued that strong investment demand, industrial consumption, depleted exchange inventories, and emerging technologies continue to support higher silver prices.

Fed Chair Warsh Runs Open-Mouth Operations at Jackson Hole But Can He Deliver?

After the speech, gold and silver both tanked, with the yellow metal falling by over 3 percent and silver plunging by more than 4 percent.

Your Enemy, The Deep State

The Deep State controls the State, i.e., the government. It’s as old as history itself. But the term “Deep State” originated in Turkey, which is appropriate since it’s the heir to the totally corrupt Byzantine and Ottoman empires. And in the best Byzantine manner, our Deep State has insinuated itself throughout the fabric of what once was America. Its tendrils reach from Washington down to every part of civil society. Like a metastasized cancer, it can no longer be easily eradicated.

Operation Twist 2.0? Bessent & Warsh Work the Yield Curve

Operation Twist 1.0 was a stroke of pure (evil) genius by Ben Bernanke 15 years ago, and two modern day Wizards may be trying to engineer something similar today

There's a Race for Vault Space as Physical Gold Demand Surges Globally

It’s a bull market in gold vaults. “It is not ETFs that clients want now. It is bars. It is coins.”

Why Britain Sent Its Wealth Across the Atlantic

The legal system protecting an asset is as significant as the walls surrounding it. A secure vault cannot single-handedly determine ownership, access, taxation or the treatment of property under extraordinary powers. Those are questions of law and political authority.

Bessent On Bonds; Warsh On Inflation

Inflation starts with the Federal Reserve. Since its inception in 1913, the Fed has debased the currency by continually expanding the supply of money and credit. If the Fed were serious about “fighting inflation”, then STOP INFLATING.

In Your Backyard: Jobs, Growth, and the Race We're Actually In

Now, do I believe every dollar invested in a data center is going to pay its developers back? Absolutely not. Some of these companies are only going to get a fraction of what they invested back. But we don’t know which company at this time.

Gold Is Underinvested and Even a Small Demand Uptick Could Drive Prices Substantially Higher

As Bloomberg reporter Jack Ryan explained, given the relatively limited investor exposure to gold in the West, even a modest increase in inflows could mean a big surge in price.

Confessions of a Reluctant Monetary Prognosticator

Persistently high, economically crippling and stagnating inflation is proof the dollar is failing, along with the world’s other fiat currencies.

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