Unfortunately, The Debt Super Cycle is typically at least 80 years so nobody remembers the pain and why we should avoid it. Perhaps in this coming crisis we can do better. We can’t avoid it, but we can think about how to deal with it..
Given the changing market dynamics, Wilson said investors should consider a 60/20/20 strategy, swapping half of the bond portfolio for gold to serve as a “more resilient” inflation hedge.
As GATA has been documenting for more than 25 years, gold is the playground and battlefield of central banks and governments, the creators and dispensers of infinite money.
While Powell & Company would never admit it, the central bank has no choice but to end balance sheet reduction due to the federal government’s borrowing and spending problem.
Traders reportedly booked cargo ships to move bars from New York to London to capture the premium—a tactic common with gold but unusual for bulky silver due to cost.
The demand is so great that the market is drying up due to supply shortages. A few headlines discuss different places where the desertification of the metals market is happening.