A market strategist for the World Gold Council explores the gold market, long-term investment strategies, central bank buying, and key legislative efforts aimed at integrating gold more fully into the financial system.
Exposing such lies is key to restoring liberty. The good news is that the more mistrust of government grows, the easier it will be to find people receptive to our message.
The great Austrian economist Ludwig von Mises noted that the income tax rests on a false premise, namely, that money can be taken from people without harming production.
The Fed faces a no-win scenario. Cutting rates would stimulate the economy, but reignite inflation. Holding rates could tame inflation, but risks crushing a debt-saturated system.
As the bank may discover eventually, if it doesn't already know, those "global standards" for gold are not really very high in regard to ethics and transparency.
After a one-off surge in April, consumer borrowing tanked again in May, a sign that Americans might be close to tapping out as they hit their credit card limits.
A recent report by Metals Focus argues that while there are still plenty of short-term headwinds, the gold price remains well-supported, with a strong potential for further upside.
