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.