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Commentaries

The One Asset That Doesn’t Crash in a Crash

When the Covid crash struck, as scary as it was, I loaded up on gold, silver, and mining stocks. And before the year was over, my entire portfolio was up 4x.

Treasury Yields Rising Despite Fed Rate Cuts

In a nutshell, the central bank has a choice. It can fight the inflation dragon, or it can surrender to inflation and prop up the bond market. It can't do both.

Gold’s Shallow Pullback And What Comes Next

Gold hit record highs in October, then pulled back—but the correction was much shallower and the rebound much faster than many expected.

Government Secrecy Prevails Over Gold Transparency

A Credible Audit of U.S. Bullion Holdings Remains Elusive

The Real Cost of Not Holding Gold as 2025 Ends

As we enter 2026 investors will continue to generate confident stories about both the upside and the downside. Yet the financial system remains heavily reliant on policy choices that are improvised and on market conditions that are uneven.

Chinese Gold Demand Surged in October Defying Historical Seasonal Weakness

Chinese gold imports at 93 tonnes in October reflected strong demand. That was a 5-tonne increase over September’s imports and 36 tonnes more than October 2024.

Reconstructing the Fed

The Fed isn’t society’s only stuck-in-the-mud institution, of course. It is a long list that includes many universities, churches, media organizations, think tanks, political parties and others. Neil Howe describes the currently unfolding Fourth Turning as a time when all these institutions have to either reform or die.

“Trump Corridor” and the Future of Global Power

While the US sinks into bankruptcy, degeneracy, and corruption, Azerbaijan is providing a counter-example. At least when it comes to public works, like roads.

The Day Everything Rose to Fall: Stocks Fall, Even Nvidia Falls, Bitcoin Falls, and Jobs Fall

We know for sure, based on the non-government reports, that unemployment has risen significantly since September.

Gold Deposit Accounts Surge in Turkey as People Try to Cope With Runaway Inflation

According to data from the Banking Regulation and Supervision Agency (BDDK), gold deposit accounts in Turkish banks surged by 99.1 percent year-over-year in the third quarter.

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