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When we talk about gold and its future prospects, we tend to focus on the latest event, economic news, or central bank pronouncement. We debate whether the Fed will raise or lower rates. We try to project the impact of Brexit on the price of gold. And we pour over the latest job numbers and […]
It’s hard to remember a time when the press wasn’t talking about Hillary Clinton or Donald Trump. The US two-party system is sustained by one-sided media coverage. However, Presidential candidate and Libertarian Party nominee, Gary Johnson may be forcing his way onto the political stage. Also a candidate in the 2012 election, the former New […]
As precious metals resume their long-term bull market in 2016, investors are once again asking the perennial question – should I buy ETFs or physical metals? With the gold price on the rise, gold funds and stocks recently experienced the largest one-week inflows on record. Mainstream investors seem to prefer “paper gold” in times of uncertainty. […]
Jim Rickards has been predicting $10,000 gold. Recently, he appeared on CNBC’s Squawk Box and stuck to that prediction, saying the dynamics are in place for gold to reach that $10,000 mark. Rickards said he thinks we are at the beginning of an extended gold bull market, possibly similar to the late 1990s when the […]
Many political and social upheavals this year have contributed to gold’s continued bullish run. From the Fed’s quarterly passes on rate hikes to Britain’s exit from the EU, the year’s turmoil has helped keep the yellow metal at a 25% increase for 2016. The upcoming presidential election may prove to be one of the biggest […]
The Japanese economy is a mess. The Japanese are buying gold. The Chinese economy is a mess. The Chinese are buying gold. And the United Kingdom has been thrown into a sea of uncertainty in the wake of the Brexit vote. So what are the British people doing? Buying gold. According to a Reuters report, […]
Earlier this year, Peter Schiff picked up on something few reported on when a former Federal Reserve president admitted the central bank created a phony wealth effect by pumping up stocks and other asset markets through its monetary policy. Several months later, analysis proved this was true, showing that 93% of the entire stock market […]
The Bureau of Labor released its Consumer Price Index report last Friday, which showed an increase in all consumer items by 0.2 %. The CPI measures the change in price Americans pay for all goods and services. According to the Wall Street Journal, the latest numbers indicate that the “effects of low energy prices and a […]
Little old Chinese ladies are buying gold. The South China Morning News (a Hong Kong paper) reported that mainland China imported five times more gold from Hong Kong in May. Recently released customs data showed imports from Hong Kong primarily grew due to cross border shipments to meet mainland customer demand. Many of those customers […]
There has been a lot of talk about helicopter money lately. Last May, Janus Capital’s Bill Gross said structural changes currently occurring in the US economy will ultimately lead the Federal Reserve to adopt this extreme form of monetary policy. Last week, Federal Reserve Bank of Cleveland president Loretta Mester revealed helicopter money is indeed […]
