We currently have two distinct sources of inflation, with the first being the previous supply chain-driven inflation, and the second being the inflation from the Ukrainian War and the related sanctions.
The US senators looking to ‘freeze Russian gold’ don’t seem to have grasped how out of touch they are with these rapidly developing Sino-Russian gold market..
The crushing global debt burden is likely to weaken major fiat currencies (like the US dollar) and gold can help protect investor wealth. Historically speaking, gold has appreciated as..
The Fed has blundered nearly everything else they've attempted over the past decade, and this latest round of tightening designed to squash inflation may fail as well.
The plunging U.S. bond market will have enormous ramifications for real estate, the banking system, the federal government’s balance sheet, and the entire economy.
So, if the listed short position in LME nickel of 1.2% of world nickel production contributed mightily to the effective default in that market, what would a listed short position of ten times that amount imply for COMEX silver?
Nations with “most-hated” status may fear US sanctions, but they fear euro sanctions just as much, and all other currencies have a long way to go to get to where they are able to handle the role of global trade currency or to where they will be trusted to handle the role.
