In a world pulled by a growing debt singularity, policymakers will keep reaching for the same tools, and those tools will keep weakening cash. “Got gold?” is more than a tagline; it is a strategy for living outside the event horizon.
Gold and silver prices are climbing again, reaching three-week highs overnight as traders digest signs that the U.S. government shutdown may finally be ending.
According to a Bloomberg report, the Reserve Bank of India repatriated 64 tonnes of gold through the first six months of its fiscal year, which began in April.
Can supporters of the free market still favor him? It should be clear that although he does favor some economic policies we disagree with, he is by no means an enemy of a free economy.
This is bubble economics, and there is no excuse for not seeing that because we’ve had these bubbles blow up in our face, and are in the middle of such an event right now.
