Here is what signaled the END OF THE US DOLLAR, and this is why Putin, Jinping, and Modi (along with Africa, Latin America, and the Arab World) have decided to move forward with their gold-backed currency.
One of the hardest parts of economic forecasting is separating what we expect from what we want. Actually, this is part of the human condition, genetically programmed into us and affecting every part..
Assessing a state sales tax on the purchase of gold and silver is becoming an outmoded, indeed outrageous, practice – but a small number of U.S. states still engage in it.
Central bank behavior combined with geopolitical dynamics, a tight physical market, stress on the global economy, and signs of a recession all place gold in the spotlight.
As the world continues to be rocked by inflation and financial instability, four precious metals “megatrends” have emerged largely undetected by the mainstream.
The TIPS yield has slightly trended down, while the gold price has been firmly going up! Gold is still sensitive to the TIPS yield, but the gap in the chart between real rates and gold is widening.
One thing that should have been questioned intensely all along in energy news but hasn’t been is how the EV car boom is going to stress the US energy grid far beyond its capabilities.
Newcrest Mining Ltd. may have enough gold and copper deposits at its Red Chris project in Canada to open an entirely new section and extend mining in the area for decades, Chief Executive Officer Sherry Duhe said.
According to my technical runes, two things seem likely to occur: 1) the target will be precisely reached; and, 2) MSFT will not get past it without correcting by at least 20%, and possibly more.
Gold's value is centered in its use as money. Gold is real money because it meets the three characteristics of money: 1) a medium of exchange; 2) a measure of value; and 3) a store of value.
