Rick Rule – Gold Helps Me Sleep at Night

2023-11-06

So, is that it? Have rates peaked? Is the long bear market finally over? 
The market decided last week that interest rates have peaked for this cycle. And if rates have peaked then all the assets that have been pressured over the last two years can finally come up for air. Since October 18, 2021, over two years ago, investors have had few places to hide. Of the major asset classes we follow closely, only two – gold and commodities – were higher by more than a rounding error over that time. 

The culprit, the reason stocks and bonds did so poorly over that time, is pretty simple – interest rates. The 10-year Treasury note yield roughly tripled during that time and all assets have been affected by those higher rates. Since January 1. 2021, the consumer price index has risen by 17.5%, a 6%

2023-11-05

Part II of II by Claudio Grass, Hünenberg See, Switzerland. For those of us who have studied history, these Ingenuous beliefs and expectations likely bring a smirk to our face. However, these are entirely reasonable assumptions for most citizens, as the majority of the population is blissfully unaware of the numerous real-life examples that clearly demonstrate just how capable and how eager the government is to do these things – to fail, or to lie, or much more habitually, to do the latter to cover up the former. 

2023-11-02

The big news in gold is two-fold right now; gold hit new all-time highs in several currencies and central bank demand for physical gold remains strong hitting a year-to date record in Q3 this year. 

2023-07-10

Overview: The US dollar is mostly firmer after selling off hard
before the weekend in response to the jobs data. Ranges are mostly narrow, but
the Australian and New Zealand dollars are the heaviest following news of
China’s deflation. Emerging market currencies are mixed, but of note the
liquid, freely accessible currencies, South African rand, Hungarian forint, and
Mexican peso are atop the leader board. Despite repeatedly lower US dollar
fixes by the PBOC, the yuan continues to trade softly.Asia Pacific equities were mixed. Many of the large markets fell, including
Japan, South Korea, Taiwan, Australia, and New Zealand. On the other hand,
China, Hong Kong, India, and many smaller equity markets rose. Europe’s Stoxx
600 is hovering around little changed levels. US index futures are

2023-06-23

Overview: As the market reluctantly edges toward the
Fed’s guidance, the disappointing PMIs from Europe (but also Japan and
Australia) helped boost the greenback. The Dollar Index is trading at seven-day
highs above 103 after briefly dipping below 102 to set a new low since mid-May
yesterday. The unwinding of cross positions is helping the yen hold its own
today as it consolidates near its worst level of the year. The surging dollar
and risk-off mood has dragged the emerging market complex lower. The JP Morgan
Emerging Market Currency Index extended yesterday’s loss and its lowest level
of the year. China and Taiwan markets were
closed for holiday today, but the other Asia Pacific equity markets are a sea
of red. Europe’s Stoxx 600 is flat after four days of losses and US equity
futures