Evidence in the trial of the former JPMorgan traders convicted of gold market manipulation this week indicated that the bank long has been trading the monetary metal for central banks and the BIS..
The latest data shows inflation is still with us at an 8.5% annual rate. That means we can expect the Fed to keep tightening, trying to reduce demand and relieve pressure on consumer prices.
After 8 days of deliberation, the verdict is in, and 2 of the 3 JP Morgan gold and silver traders who have been standing trial for spoofing have been convicted.
The Fed is still on course for more interest rate hikes, but in this video Dave talks about the strong physical demand flows, and why he believes the worst may be over.
The cloak makes the dagger so much more dangerous. For investors who don’t want to believe in a recession, the cloak causes them to stroll through markets with less wariness..
Dumb government policies like mandated reductions in fertilizer-related emissions, threaten to reverse the Green Revolution that has fed billions and nearly eradicated famine...
The world monetary order could be in the process of re-centering around gold in a big way. When mutual trust among nations erodes, gold becomes the ultimate standard of value.
Here’s what we know: Inflation is rising, growth is weakening, and the Fed is tightening. All these seem likely to persist, though to varying degrees and with occasional breaks.
