Category Archive: 6a) Gold & Monetary Metals
Commodities – Will the Rally Continue?
Pros and Cons The recent rally in commodity prices has surprised many market participants and has greatly supported the stock market’s rebound. It has also made bulls out of a number of former stock market bears, as one of its side effects was to c...
Read More »
Read More »
Paper Gold Is Rising
The Metals Take Off The price of gold shot up over $60 this week. The price of silver moved up proportionally, gaining over $0.85. The mood is now palpable. The feeling in the air is that of long suffering suddenly turned to optimism. Big gains, if...
Read More »
Read More »
How Unsound Money Fuels Unsound Government Spending
Stefan Gleason shows the major slides that may predict a collapse of the dollar. The Trade Deficit after the abandonment of gold, the explosion of entitlements like social security, Medicare, Obamacare, subsidies and the explosion of the federal deficit to 1 trillion in 2022. The reason: Unsound money.
Read More »
Read More »
Making Sense of China’s Gold Fix and Hungary’s Dim Sum Offering
Earlier today, China launched its first gold fix. It will offer a fixing twice a day going forward yuan. The Shanghai Gold Exchange established the fix the same way it is done in London and New York, by prices submitted by financial institutions. In China’s case, 18 institutions, including two foreign banks, participate in the …
Read More »
Read More »
Cultural Marxism and the Birth of Modern Thought-Crime
What the Establishment Wants, the Establishment Gets If a person has no philosophical thoughts, certain questions will never cross his mind. As a young man, there were many issues and ideas that never concerned me as they do today. There is one que...
Read More »
Read More »
Who Lends to the Fed?
This leads to our present question. To speak of borrowing and a ready market in which the Fed can borrow, means there is a lender. Who is the lender to the Fed?
Read More »
Read More »
Yes, the Dollar Should Be Backed by Gold…
A Return to Gold BUENOS AIRES, Argentina – “What if you were appointed to head the Fed? In your first week on the job, what would you do?” The question was not exactly serious. Neither was the answer. “We’d call in sick.” Sorry boys and girls, y...
Read More »
Read More »
Gold Stocks Break Out
No Correction Yet Late last week the HUI Index broke out to new highs for the move, and so did the XAU (albeit barely, so it did not really confirm the HUI’s breakout as of Friday). Given that gold itself has not yet broken out to a new high for th...
Read More »
Read More »