We'll never know exactly how much gold the Chinese government and its central bank hold. But it’s reasonable to think they likely have far more gold than they’re letting on.
Eliminating taxes on tips will provide some (limited) relief from the Federal Reserve’s inflation tax. The Fed-created price inflation has forced many Americans to work two jobs.
The big bullish “monster” trade (even there, I see no monster, just healthy broad breadth leadership) did not materialize until after widespread price damage was done to most markets.
Despite pundits advising to sell gold, real interest rates remained deeply negative. There's no "opportunity cost" when real rates are negative, even if nominal rates are rising.
It's clear why everyone is scrambling for copper. Once cheap and plentiful, this global workhorse is now a critical mineral. Rising prices indicate high demand and limited supply.
The Fed’s implicit guarantee to prevent the government from defaulting is why politicians in Washington, D.C. don’t feel compelled to change their spending habits.
Due to the current geopolitical turmoil globally, the case for owning gold and silver is better than ever. We had all-time highs in gold 24 times this year.
