For silver, it’s the combination of monetary and industrial demand, combined with tight supply conditions, that is driving the metal to fresh heights. A dramatic “silver squeeze” is resulting.
There has been a cool breakthrough using gold. Researchers have discovered that gold nanoparticles can increase the effectiveness of antibiotics against a common deadly bacterium.
Gold is not a protest against progress. It is an insurance policy against human nature. In that sense, Ferguson’s reflections are not just historical; they are timeless.
Unfortunately, The Debt Super Cycle is typically at least 80 years so nobody remembers the pain and why we should avoid it. Perhaps in this coming crisis we can do better. We can’t avoid it, but we can think about how to deal with it..
Given the changing market dynamics, Wilson said investors should consider a 60/20/20 strategy, swapping half of the bond portfolio for gold to serve as a “more resilient” inflation hedge.
As GATA has been documenting for more than 25 years, gold is the playground and battlefield of central banks and governments, the creators and dispensers of infinite money.
