In another incident of deja vu, gold investors everywhere have seen their spirits crushed this week in the same old tired manner The Bullion Banks have employed for decades.
A healthy monetary system must be able to have stability in lending and borrowing, features which a Gold Standard provides, and Bitcoin and other systems lack.
This is not a new scenario. Many societies have been down this path before. Looking at the examples of history will help you understand the coming events.
I predict that there will be almost ubiquitous certainty that the bull market has ended as we approach the conclusion of that pullback. But, it will likely be far from the end ..
Persistent inflation, the economy appearing stronger than expected, and expectations of interest rate hikes in 2022. So why did the U.S. 10-year treasury note fall in yield?
We have just entered those days of heady inflation that I have said will kill the stock market and bond funds. There is a tipping point at which inflation and the interest changes..
Peter Boockvar believes the Fed is cornered on inflation. Gold upside of $2,500 and Silver at $50 are certainly reasonable in this cycle. It doesn't matter..
There is actually a reasonable explanation for this phenomenon. The federal government put $6 trillion directly in the hands of consumers, much of it regardless of need.
