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December 4, 2023
By James K. Galbraith – Project Syndicate Once again, larger deficits and higher […]
November 29, 2023
2023.11.29 For over a year now the main topic of discussion has been […]
November 19, 2023
By Michael Maharrey For the first time in several months, the Consumer Price […]
November 15, 2023
By Felix Richter Inflation in the U.S. cooled down more than expected in […]
November 2, 2023
By Michael Matulef The threat of hyperinflation has haunted fiat money economies throughout […]
October 10, 2023
By Felix Richter Despite inflation coming down notably from its 2022 highs in recent […]
August 30, 2023
2023.08.30 The US officially has a debt problem, in the present and in […]
August 30, 2023
2023.08.30 美国目前以及未来都正式存在债务问题。截止到目前，美国的国债总额略低于 33 万亿美元，占国内生产总值（GDP）的 122％！然而，更大的问题在于其增长速度，导致利息支付不断膨胀。 根据国会预算办公室（CBO）的预测，未来 30 年的利息支付将达到约 71 万亿美元，并在 2053 年占据所有联邦收入的 35％。 […]
May 18, 2023
By Dorothy Neufeld Every few years the debt ceiling standoff puts the credit […]
May 8, 2023
By Felix Richter Coming off historically low interest rates in the wake of […]
April 30, 2023
By Felix Richter Having proven surprisingly resilient in the face of the Fed’s aggressive […]
April 3, 2023
By Alasdair Macleod How likely is it that the downturn in broad money […]
March 31, 2023
By Nouriel Roubini In the face of high and persistent inflation, recession risks, […]
March 8, 2023
2023.03.08 Has anybody noticed there is something strange going on in commodities? Whether […]
February 24, 2023
2023.02.23 Consumer spending makes up 70% of global GDP. It’s no wonder, therefore, […]
February 21, 2023
By SchiffGold Despite the hotter-than-expected CPI report, the mainstream still seems convinced that the […]
February 16, 2023
By Dorothy Neufeld Investors are bracing for longer inflation. The Federal Reserve indicated […]
February 11, 2023
By Quoth the Raven 2023.03.11 It would be a situation where we are […]
February 1, 2023
By Wolf Richter 2023.02.01 The Bank of Canada hiked its policy rates by […]
February 1, 2023
By Quoth the Raven 2023.02.01 It’s not the time to celebrate the S&P’s […]
January 31, 2023
BY SCHIFFGOLD 2023.01.31 The mainstream is optimistic about both the economy and the Fed’s […]
January 27, 2023
By Joseph E. Stiglitz 2023.01.27 NEW YORK – Despite favorable indices, it is […]
January 26, 2023
By Quoth the Raven 2023.01.26 Friend of Fringe Finance Lawrence Lepard released his most recent […]
January 22, 2023
By Brian Boone 2023.01.22 So far, in the 2020s, farmers, food processors, suppliers, […]
January 14, 2023
2023.01.14 US inflation cooled in December, putting the US Federal Reserve on track […]
December 31, 2022
It seems fitting that the year we are expecting to see an unprecedented rise in US government spending and money-printing to spur an economic recovery, marks the 50th anniversary of the end of the gold standard.
Done at the time to fight an economic crisis, we are still feeling the effects of this disastrous decision, five decades on.
In this article, we explain why President Nixon did what he did, and why every promise that unshackling the US government from the requirement of maintaining the dollar's value in terms of gold would mean for the United States, has been broken.
Done at the time to fight an economic crisis, we are still feeling the effects of this disastrous decision, five decades on.
In this article, we explain why President Nixon did what he did, and why every promise that unshackling the US government from the requirement of maintaining the dollar's value in terms of gold would mean for the United States, has been broken.
December 8, 2022
2022.12.08 Over the past year, relentlessly rising interest rates (because of the global […]
December 7, 2022
2022.12.07 The economist who predicted the financial crisis sees a “long and ugly” […]
December 4, 2022
2022.12.04 Economist Nouriel Roubini believes the world economy is lurching toward an unprecedented […]
December 1, 2022
2022.12.01 The US Federal Reserve continues to grapple with inflation, which at 7.7% […]
November 11, 2022
2022.11.11 Gold and silver prices jumped on Thursday following the release of October’s […]
November 5, 2022
2022.11.15 In 2021 the world’s militaries spent USD$2.1 trillion, marking the seventh straight […]
November 3, 2022
2022.11.03 The US Federal Reserve is grappling with how to reduce inflation, which […]
September 17, 2022
2022.09.17 This year has seen a correction in the gold price, commensurate with […]
September 6, 2022
2022.09.06 At the start of August, British homeowners saw an 80% increase in […]
August 19, 2022
2022.08.19 Years of neglecting its critical metal supplies is finally catching up with […]
August 16, 2022
2022.08.16 In 1979, then US Federal Reserve Chair Paul Volcker faced a serious […]
August 6, 2022
2022.08.05 The US Federal Reserve started off declaring that historically high levels of […]
June 17, 2022
2022.06.17 We call ourselves Ahead of the Herd because we see things before […]
April 29, 2022
2022.04.29 In our last article, we discussed a proposed new economic model for […]
April 27, 2022
2022.04.27 Modern Monetary Theory, or MMT, posits that rather than obsessing about how […]
March 19, 2022
2022.03.19 Food inflation has historically been the catalyst for many popular uprisings, from […]
February 18, 2022
2022.02.18 Driven by the need to decarbonize due to increasingly apparent climate change, […]
February 8, 2022
2022.02.08 Someone born in 1979 is 43 years old this year. No doubt […]
January 21, 2022
2022.01.21 Inflation is the rate at which prices within a basket of goods […]
January 15, 2022
2022.01.05 Inflation is one of the best determinants of gold price movements, because […]
December 21, 2021
2021.12.21 The gold to oil ratio is an important indicator of the global […]
December 18, 2021
2021.12.18 Several months after the US Federal Reserve began describing the country’s inflation […]
December 17, 2021
2021.12.17 The US Federal Reserve announced this week what many market participants were […]
December 16, 2021
2021.12.16 A government generally has two “levers” it can pull, to help get […]
November 10, 2021
2021.11.10 Gold continued to rally on Tuesday, as investors and metal traders priced […]
November 5, 2021
2021.11.05 The US Federal Reserve has done what market participants widely expected it […]
October 26, 2021
2021.10.26 The US Federal Reserve’s official line is that inflation is only temporary, […]
October 23, 2021
2021.10.23 Thanksgiving is a time to appreciate the food on our tables, but […]
September 10, 2021
2021.09.10 There is an old joke often told about economists: Three economists are […]
August 20, 2021
2021.08.20 Gold prices are slipping as talk of a “taper tantrum” has investors […]
August 6, 2021
2021.08.06 If rising food prices are ruining your appetite, you’re not alone. Costs […]
May 17, 2021
According to the World Gold Council, gold is the third most consistently bought investment (46%), behind savings accounts (78%) and life insurance (56%).
According to the World Gold Council, gold is the third most consistently bought investment (46%), behind savings accounts (78%) and life insurance (56%).
Precious metals are among the best places to park your money in times of economic or political distress.
According to the World Gold Council, gold is the third most consistently bought investment (46%), behind savings accounts (78%) and life insurance (56%).
Precious metals are among the best places to park your money in times of economic or political distress.
May 14, 2021
Continuing the US (and Canadian) economic recovery is obviously important but it should not come on the backs of the poor who bear the most weight of inflation, particularly increases in food prices.
Government officials need to be aware of how their monetary and fiscal policies are impacting the most vulnerable in society.
Government officials need to be aware of how their monetary and fiscal policies are impacting the most vulnerable in society.
May 5, 2021
Copper’s broad use in various industrial sectors including construction, transportation and telecommunications, makes it a reliable early indicator of economic activity.
In fact, “Dr. Copper’s” ability to predict which way the global economy will go, has earned it a PhD in economics.
In fact, “Dr. Copper’s” ability to predict which way the global economy will go, has earned it a PhD in economics.
May 3, 2021
Climbing yields, as investors rotate funds out of bonds into stocks, on increasing confidence in the economy, is the primary reason why the prices of precious metals gold and silver have pulled back in recent weeks. For now.
April 29, 2021
While precious metals have somewhat been subdued over recent weeks, there’s a storm brewing that could set gold, and by extension silver, on an upward trajectory once again.
April 27, 2021
The United States is back in the fold of countries pledging to reduce greenhouse gas emissions, and that is helping to drive demand for an assemblage of metals that a global push to decarbonize and electrify is expected to require.
April 23, 2021
As the dominant landholder in Central Newfoundland exploring over 200 km of deep regional fault structures known to host significant gold discoveries, Exploits Discovery Corp. (CSE: NFLD, OTCQB:RNRRF, FSE:634-FF) continues to generate buzz in what is one of the world’s most exciting gold area plays.
April 21, 2021
There’s an old saying on Wall Street: “Six percent interest will draw money from the moon.” And it’s true, but what is also true is, 1/ As long as real interest rates are below 2% gold is in a bull market and 2/ Real interest rates below 2% draw investors to gold.
Central banks know this, so do educated gold buyers.
With Treasury notes paying such low net yields, gold becomes an attractive investment.
Central banks know this, so do educated gold buyers.
With Treasury notes paying such low net yields, gold becomes an attractive investment.
April 14, 2021
Gold prices ticked higher on Tuesday after inflation data showed US consumer prices rose in March for the fourth straight month and inflation hit its highest level in 2.5 years.
The US Federal Reserve, whose dual mandate is to keep inflation in the “Goldilocks zone” of around 2% and to control unemployment, has been downplaying inflation, telling the public that even if prices rise, it will only be temporary.
The US Federal Reserve, whose dual mandate is to keep inflation in the “Goldilocks zone” of around 2% and to control unemployment, has been downplaying inflation, telling the public that even if prices rise, it will only be temporary.
April 6, 2021
Exploits Discovery Corp. is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland, Canada. The Company holds the Middle Ridge, True Grit, Great Bend, Mt. Peyton, Jonathans Pond, and Gazeebow projects, which cumulatively cover an area over 2,000 km². All projects within Exploits’ portfolio lie within the Exploits Subzone and Gander River Ultramafic Belt (GRUB) of the Dunnage Zone, which contain the majority of Newfoundland’s gold mineral occurrences and exploration efforts, including New Found Gold’s 2019 discovery of 92.86 g/t Au over 19.0 meters near surface. The Exploits Subzone has been the focus of major staking and financing throughout 2020, with increased exploration activities forecasted in the area moving into 2021.
March 25, 2021
According to Pew Research the real average wage, which Pew defines as “the wage after accounting for inflation” has roughly the same purchasing power as it did 43 years ago.
In real terms average hourly earnings peaked more than 45 years ago: The $4.03-an-hour rate recorded in January 1973 had the same purchasing power that $23.68 would today
In real terms average hourly earnings peaked more than 45 years ago: The $4.03-an-hour rate recorded in January 1973 had the same purchasing power that $23.68 would today
March 23, 2021
Goldman Sachs says that the next structural bull market for commodities will be driven by spending on green energy.
The fossil-fueled based transportation system needs to be electrified, and the switch must be made from oil, gas, and coal-powered power plants to those which run on solar, wind and thorium-produced nuclear energy. If we have any hope of cleaning up the planet, before the point of no return, a massive decarbonization needs to take place.
In a recent report, commodities consultancy Wood Mackenzie said an investment of over $1 trillion will be required in key energy transition metals over the next 15 years, just to meet the growing needs of decarbonization.
The fossil-fueled based transportation system needs to be electrified, and the switch must be made from oil, gas, and coal-powered power plants to those which run on solar, wind and thorium-produced nuclear energy. If we have any hope of cleaning up the planet, before the point of no return, a massive decarbonization needs to take place.
In a recent report, commodities consultancy Wood Mackenzie said an investment of over $1 trillion will be required in key energy transition metals over the next 15 years, just to meet the growing needs of decarbonization.
March 10, 2021
The sell-off in bonds that has been tripping up gold prices may be over, with some investors anticipating the bond market will calm down, as appetite for US government debt revives following the sharp rise in yields.
“We think a big part of the bond-yield move has played out,” Wall Street Journal quoted a portfolio manager at PineBridge Investments. “At this level of yields, we do expect additional buyers to come in. That tends to stabilize the yield level.”
Gold bugs are closely watching what happens with Treasuries
“We think a big part of the bond-yield move has played out,” Wall Street Journal quoted a portfolio manager at PineBridge Investments. “At this level of yields, we do expect additional buyers to come in. That tends to stabilize the yield level.”
Gold bugs are closely watching what happens with Treasuries
March 5, 2021
Several factors influence gold prices (mainly the US dollar, gold ETF inflows/ outflows, inflation rate, bond yields, safe haven demand, physical gold demand, gold supply) but none is more reliable than real interest rates.
The demand for gold moves inversely to interest rates — the higher the rate of interest, the lower the demand for gold, the lower the rate of interest the higher the demand for gold.
The demand for gold moves inversely to interest rates — the higher the rate of interest, the lower the demand for gold, the lower the rate of interest the higher the demand for gold.
February 25, 2021
2021.02.25 Gold has been taking a beating in recent weeks, the sell-off prompted […]
February 23, 2021
2021.02.23 Gold and copper are up, the dollar is down, and bond yields […]
November 14, 2020
2020-11-14 Gold may have come off the boil a bit after rising beyond […]
October 24, 2020
2020.10.24 Joe Biden’s performance in Thursday night’s presidential debate was solid. The former […]
March 14, 2020
2020.03.14 One of the worst weeks on Wall Street mercifully ended on Friday. […]
February 26, 2020
2020.02.26 Whether it’s a Democrat or a Republican installed in the White House […]
July 6, 2019
2019.07.06 Californication is a brilliant 1999 song by the Red Hot Chili Peppers. Many of […]
July 6, 2019
2019.07.06 Californication is a brilliant 1999 song by the Red Hot Chili Peppers. Many of […]
April 10, 2019
2019.04.10 Economists are good for one thing, and that is creating theories. The […]