If the U.S.government keeps getting its way -- and if all major central banks keep cooperating -- the price of a Big Mac will reach $2,000 before gold does.
We’ve just seen the fastest, highest rocket ride in stocks in the history of the world! Because that makes sense during a time of global plague and global economic lockdowns, creating extreme..
When the money supply increases at rate that is greater than the wealth output of an economic system, it reduces the value of each marginal dollar created. Dollar devaluation has been occurring since the early 1970’s...
Economic reality is going to bite a lot of people who enter 2022 under the false assumption that they've got it all figured out and everything is under control.
China and Japan are by far the largest buyers of US Treasuries, as of September 2021, foreign countries held $7.55 trillion in US Treasury securities. Of this total, Japan owned $1.3 trillion and China owned $1.05 trillion...
A free market with a sound currency would release lower-income Americans from the Federal Reserve’s inflation tax as well as provide them with expanded economic opportunities.
With the Fed still consuming around $100 billion in bonds a month, there is still a long way to go before we are entirely back to actual market pricing, free of the Fed’s rigging..
Merely posing this question is courting ridicule from some quarters, since we have grown an asset bubble with the potential to equal 1929's. Still worse is that it sits on a geopolitical powder keg..
It remains clear the BIS is an active trader of significant volumes of gold swaps on a regular basis. The recent data still shows that there is no clear downward trend in the volume of swaps..
The commercial net short position in gold now sits at 23.75 million troy ounces, down from the 24.57 million troy ounces they were short in Monday's COT Report.
The short position of the Big 8 traders is 22.62 million troy ounces...
