Junior gold stocks offer incredible upside potential during gold bull markets. Anecdotally, during a bull market, senior gold miners typically outperform the metal by a multiple of 2 to 3 times.
I hear deep concern we are headed for a period of social and perhaps even kinetic conflict. The extreme partisanship, not just in the US but around the world, seems to be pointing to just such a crisis.
Government jobs data gets revised every month: putting out higher numbers to hit the headlines, then revising them down later allows the Biden admin to gaslight Americans.
Just after I wrote US debt had suddenly become an inferno that is rapidly raging out of control, credit-rating agency Fitch decided to agree with me by downgrading the US credit rating.
Each time the Fed creates a major recession, things couldn't look better until about a hundred feet above the tarmac when wind sheer cartwheels their plane into a nosedive.
Now that Americans have accepted some inflation, big business have raised prices more than their costs have risen in order to benefit themselves at the cost of the middle class.
The safest bet on rising precious metals prices is to buy physical bullion. Widely recognized coins, rounds, and bars tend to offer best liquidity and lowest premiums over spot.
Meanwhile in the USA, the villagers are being gaslighted by a regime who says the economy is on fire and setting all-time highs for jobs, growth and other success metrics.
The gold swap data reveals the financial reality on Planet Earth: all financial values are rigged by a totalitarian system and not determined by markets.