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.
The conspiracy theorist extends his analysis to...the creation of the Federal Reserve System. The conspiracy theorist asks himself the question cui bono? Who benefits from this measure?
This week I found myself...submitting forecasts for the Reuters Precious Metals Survey. It’s a peculiar exercise, this act of prediction, especially in the world of gold.
Today we’ll draw on some of my best sources to survey the inflation trends. As you’ll see, the direction isn’t as clear as either hawks or doves think.
