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AI, Gold and Nuclear War

AI, Gold and Nuclear War So-called artificial intelligence (AI) is taking the world by storm. Meanwhile, gold has shot up like a rocket over the past couple of months. In mid-February, gold was trading at $1,990. Two months later, gold is trading above $2,400 — a $410 gain in just two months. So here’s a […]

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Never Ending War on Cash

January 22, 2024

Never Ending War on Cash In the last few decades, there has been a global shift towards a “cashless world,” a trend that continues to shape financial autonomy. Physical currency is becoming increasingly rare as the majority of the world’s money supply exists in electronic form. Governments and financial institutions are actively promoting a cashless […]

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Central Banks Will Keep Gobbling Gold in 2024

January 19, 2024

Central Banks Will Keep Gobbling Gold in 2024 The first half of 2023 was a record-breaking moment for central bank gold buying, led by none other than China and Russia. Organizations like the World Gold Council reported a staggering increase compared to 2022: “On a year-to-date basis, central banks have bought an astonishing net 800t, 14% higher than […]

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More Golden (and Black-Gold) Proof: The Dollar is Totally Screwed

January 9, 2024

More Golden (and Black-Gold) Proof: The Dollar is Totally Screwed Ever since day-one of the predictably disastrous and politically myopic insanity of weaponizing the world reserve currency against a major power like Russia, we warned that the USD had reached an historical turning point of slow demise and increasing de-dollarization. We also warned that this would be […]

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Hope Dies, Gold Rises

December 5, 2023

Hope Dies, Gold Rises The primary stages of grief include: Denial, anger, bargaining, depression and finally, acceptance. When it comes to grieving over the slow demise of the American economy, sovereign IOU/USD and the absolute failure of our “re-election-only-focused” policy makers, these stages of grief are easy to see yet easier to ignore. But false […]

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The Financial System Has Reached the End

November 28, 2023

THE FINANCIAL SYSTEM HAS REACHED THE END The world is now witnessing the end of a currency and financial system which the Chinese already forecast in 1971 after Nixon closed the gold window. Again, remember von Mises words: “There is no means of avoiding the final collapse of a boom brought about by credit expansion.” […]

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Dutch Central Bank Admits It Has Prepared for a New Gold Standard

November 20, 2023

Dutch Central Bank Admits It Has Prepared for a New Gold Standard In a recent interview the Dutch central bank (DNB) shares it has equalized its gold reserves, relative to GDP, to other countries in the eurozone and outside of Europe. This has been a political decision. If there is a financial crisis the gold price will […]

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The Myth of the Invincible Dollar

October 15, 2023

The Myth of the Invincible Dollar I write a lot about the national debt. And most people don’t care. That’s because there’s a widespread belief that the dollar is invincible. It isn’t. The prevailing attitude is that the US government can borrow and spend indefinitely. After all, it hasn’t caused a problem so far. But a […]

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Unwinding the Financial System

October 6, 2023

Unwinding the Financial System This article looks at the collateral side of financial transactions and some significant problems that are already emerging. At a time when there is a veritable tsunami of dollar credit in foreign hands overhanging markets, it is obvious that continually falling bond prices will ensure bear markets in all financial asset […]

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Don’t Dismiss the Possibility of Gold Confiscation

September 5, 2023

Don’t Dismiss the Possibility of Gold Confiscation If you hold precious metals in your portfolio, there is a good chance you fear hyperinflation and the crash of fiat currencies. You probably distrust governments in general and believe they are self-serving and have no interest in your economic well-being. It is likely that your holdings in […]

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Rising GDP + Rising Yields = A MAJOR Sign of “Uh-Oh”

September 5, 2023

Rising GDP + Rising Yields = A MAJOR Sign of “Uh-Oh” Have you heard the good news? The Atlanta Fed GDPNow estimates a 5.9% growth in real GDP for Q3 2023. In nominal terms, we can even boast of an 8.9% surge. What fantastic news! Growth! Productivity! This must mean we can all breath a collective sigh […]

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The West Is Losing Control Over the Gold Price

August 29, 2023

The West Is Losing Control Over the Gold Price TABLE OF CONTENTS: IntroductionThe West is Losing its Gold Pricing PowerThe East on a Gold Buying SpreeConclusion An important change has unfolded in the global gold market. The East has been driving up the gold price, predominantly in late 2022 and the first months of 2023, […]

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The bell tolls for fiat

The bell tolls for fiat The importance of Russia’s announcement that a new gold-backed trade currency is on the BRICS meeting agenda for August 22—24 in Johannesburg seems to have gone completely over everyone’s heads, with mainstream media not even reporting it. This is a mistake. China and Russia know that if they are to […]

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Modern Currency Policy: Nations Compete, Citizens Suffer

Modern Currency Policy: Nations Compete, Citizens Suffer Below we consider how modern currency policy may not be so good for, well, the people… This is why gold inevitably enters the conversation, for unlike policy makers, this old pet rock garners more trust. Gold, of course, loves chaos, tanking currencies and cornered, debt-soaked nations, the numbers […]

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ANALYSIS: Will Zimbabwe Pave the Way for Gold-Backed Money?

ANALYSIS: Will Zimbabwe Pave the Way for Gold-Backed Money? People walk past the Reserve Bank of Zimbabwe building in Harare, Zimbabwe, on Feb. 25, 2019. (REUTERS/Philimon Bulawayo/File Photo) Will gold rescue Zimbabwe from the ashes of economic despair and usher in a new economic era? Since Zimbabwe declared independence from the former Republic of Rhodesia […]

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