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Commentaries

Fed Chairman Admits Unsustainability of Federal Deficits; Claims No Risk!

Platinum and other metals that are inherently scarce all stand to move higher over time in dollar terms as the supply of U.S. currency inflates. Inflation is the last resort and only way out for a government with an otherwise unpayable debt load.

Gold Investors Ignore Fed

The bottom line is gold investors have ignored their metal’s sharp plunge following last week’s hawkish FOMC surprise so far.  The holdings of the dominant American gold ETFs, the best high-resolution proxy for overall gold investment demand, have actually climbed slightly in the wake of those latest dots. 

Long Humanity

Mark believes this results from central bank stimulus, not just last year but dating back to the financial crisis. Valuation bubbles historically don’t end well..

Bubbles Galore

Once a bubble pops, the implosion can occur swiftly and there may be few places for investors to hide.

Basel 3's Gold Rules Start Monday but It Probably Won't Be the Day of Deliverance

Of course there are great hopes that implementation of the rules will begin to explode the fraud of "paper gold" by which gold's price long has been suppressed with the assistance of central banks.

Updating the Gold Mining Fundamental Macrocosm

But in order to continue favoring an ongoing bull market scenario the macro fundamentals must play ball; and play ball they have not since last summer.

Central Banks to Keep Buying Gold

The move away from the Federal Reserve Note as the global reserve currency of choice has continued in recent years, with fresh developments increasing the greenback’s stiff competition.

After the Smash

In the end, though, while we took another elevator ride last week, the bullish picture for the precious metals and mining shares remains intact. The Fed must continue to monetize the ever-growing U.S. debt, and they must also foster an environment of negative real yields in order to manage that debt.

The Road to Authoritarianism is Paved with Fiat Currency

The key to success is spreading the ideas of liberty until we have the ability to force the politicians to dismantle the welfare-warfare state and the fiat money system that is the lifeblood of authoritarian government.

Gold to Test Major Uptrend; Fed to Remain Behind Inflation Curve

The gold market also formed a large symmetrical triangle pattern from last year’s peak. Prices appeared to break out of the triangle to the upside last month. But last week they fell back into the triangle, which now appears to be nearing its apex.

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