We return to one central question: what do these converging risks mean for investors? Not in terms of next week's market moves, but in terms of building resilience for the years ahead.
My continued bullishness on Europe rests on the idea that Europe’s problems are dire enough to eventually force the EU to trade virtue signaling for genuine, rapid change.
The Fed has yet to take any meaningful policy steps to fight inflation. This is beginning to influence bond markets and could ultimately strengthen the case for owning precious metals.
Both the CPI and PCE formulas create multiple opportunities to skew the numbers lower. Each assumption built into the formula was made up by a government functionary with a bias and agenda.
On China’s expanding gold infrastructure, whether the United States may be closer to reintroducing gold into its monetary thinking, and why gold could provide protection during deflation as well as inflation.
When you factor in real rates, it’s easy to see higher yields aren’t necessarily bearish for gold and silver. It may feel like you’re earning a good yield, but your gains are eaten up by inflation.
A de-dollarization of the world economy would cause a dollar glut. The value of the U.S. currency would further depreciate. At the extreme, global de-dollarization could spark a currency crisis.
Are these governments and central banks ever privately communicating and coordinating their policies about gold? Respectable financial news organizations don't ask.
