You need to be incredibly lucky to only invest in bull markets. The odds still aren’t great unless you a) have a longer time horizon than most people do and 2) don’t get scared out by the inevitable downturns.
Central banks from Serbia to Thailand have been adding to gold holdings and Ghana recently announced plans for purchases. As the specter of accelerating inflation looms and a recovery in global trade provides the firepower to make purchases.
Longtime precious metals observers know that positions in COMEX gold always ebb and flow with price and position extremes often mark price highs and lows. This "washing" of the Commitment of Traders report is something we should discuss this week.
You take the blue pill and you are a happy idiot, gainfully making coin until the music stops and you become a victim of your own lethargy. You take the red pill and..
Should American Independence Day be renamed Fiat Dependence Day? The US nation stays relatively intact only so long as the lifeblood fiat being printed and borrowed does not create hyperinflation.
While the Fed’s current tightening is not exactly a well-kept secret, stock and bond markets seem willing to ignore what the Fed’s left hand is taking away as the right hand is giving.
Just as the world was confronted with the “new thing” of freedom of the press 230 years ago, we are now confronted with a small group of companies responsible for a great deal of human interaction. That wasn’t the plan, but it’s been the result.
