The founding generation believed in real money - gold and silver. They understood that gold and silver could not be easily manipulated and printed for government purposes like paper and that it would retain its value over time.
Notably, the continuous rally in gold and silver prices amidst economic conditions underscores the resilience and appeal of precious metals as safe-haven assets.
Gold has outperformed gold equities the past three years. Gold mining stocks have performed well following periods they have significantly trailed bullion.
If you are oddly inclined to believe Reuters, if prices are on the rise in aggregate, why are almost none of the component prices inside of the report rising?
If the markets are realizing that the long-term inflation outlook isn’t as rosy as the Fed wants us to believe, it would make sense for yields on the long end of the Treasury curve to rise in anticipation of higher inflation.
Senate voted yes to $1.2 trillion for child gender butchery without parental content; anti-2A laws to seize firearms; and the usual warmongering and welfare state.
For the very first time in 108 years, the Fed just ran at a net loss, and it was huge. To be specific, the Fed reported a loss of $ 114.3 billion in 2023.
