The bond vigilantes are real, and they wield enormous power. The global bond market is significantly larger than the global stock market, with a total value exceeding $140 trillion.
The Pentagon will become the largest shareholder in MP Materials, the only rare earths miner in the United States, after agreeing to buy $400 million of its preferred stock.
BM: So, what I see happening between now and October is gold and silver starting now or shortly, the general stock market tumbling soon, I think the valuations are patently absurd...
The failed Soviet Union demonstrated that central planning never works. Centrally-planned economies produce luxury for the elites and poverty for everyone else.
In a recent note, JPMorgan Chase highlighted the de-dollarization trend, pointing out that dollar reserves have dipped to a 2-decade low below 60 percent.
Jordan Roy-Byrne began by emphasizing the importance of gold’s breakout in March 2024. This move marked the seventh major breakout in gold’s history...
The dollar charted its worst start to a year since 1973. In fact, one could argue that it’s not so much that the gold is going up but that the greenback is sagging.
