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Commentaries

Why I Won’t Be Mourning Dick Cheney

According to former British Prime Minister Tony Blair, Cheney had grand plans to deploy American soldiers all over the Middle East.

Gold Prices to $8,900/ounce by 2030? GoldSeek TV Interviews Ronnie Stoeferle, Incrementum

The center of the gold world is not in Zurich..., Emerging markets role in the Gold, Little focus on inflation, The gold bull market will end in a mania, Silver can fly high if...

Way Out of the Box: Pento’s Warning

Pento's approach is built on an inflation-deflation and economic cycle model that tracks the second derivative of inflation in the context of growth.

‘Affordability’ Will Be Trump’s Waterloo

Even as benighted media hacks were loudly proclaiming the Dow Average’s climb to new record highs last week, the Nasdaq and S&P 500 were conspicuous laggards.

Italy to Tap Undeclared Gold to Plug Budget Hole

The Italian government needs money and wants to tap private gold holdings to get it.

Kintsugi and the Cracks in the Financial System

The same institutions that presided over decades of monetary experimentation are now among the most active buyers of gold. The recent surge in central bank demand is not a rediscovery of faith but a reinforcement of it, a quiet acknowledgment...

Running Hot

The inflation of my youth wasn’t just a few years in the 1970s. It was an era that started in the 1960s and extended into the early 1980s. It waxed and waned within those years but gradually worsened...

They Shot the Penny, Killing the Messenger

This currency debasement is ongoing. They killed the penny. What goes before the firing squad next? The nickel? The way things are going, it's only a matter of time.

As Government Data Fails and Epstein Files Fly, Stocks Fall

While AI continued to fall, the big declines broadened into sectors such as communications services and IT. That particularly fits the inevitable broader fall I just said we would see.

S&P 500 Vs. Gold: What Is This Ratio Telling Us?

The S&P 500 to gold ratio has fallen to the lowest reading since the pandemic and is at a critical support level. This could signal more upside for the yellow metal.

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