Skip to main content
loading
loading

Commentaries

Can Yellen Make Daffodils Bloom in December?

Although no one can predict when the dam will break, plunging the economy into hard times to rival the 1930s, we can be quite certain that a day of reckoning is drawing near.

Central Bank of Uzbekistan Introduces Parallel Currency: Gold

Since November 2020, the central bank of Uzbekistan (CBU) issues sealed gold bars with a QR-code for real time verification. With these new bars CBU aims to stimulate gold to be used as a store of value, as well as promote the circulation of gold.

The Big 8 Shorts et al. Dig Themselves in Deeper

I've always been of the opinion over the last number of years that the precious metals will be the only assets worth owning when this Everything Bubble meets its pin...either by design, or by circumstance.

Gold in the Season of Santa, Milk, and Cookies

Gold prices made a significant low during November or December in 8 of the last ten years. Gold prices are low and over-sold as of Nov. 27. The gold to S&P 500 ratio shows gold is inexpensive compared to the S&P over four decades of history.

Copper, the Most Critical Metal

In 2018, before the trade war between the US and China put the boots to copper demand, and covid-19 mine closures/ abandoned expansion plans crimped supply, we made a bold prediction: that copper supply is NOT going to be able to keep up with demand in the long-term.

Elites on the Edge

Growing income and wealth inequality were on my (and probably your) radar screen long before COVID-19 came along. The pandemic has made them both more obvious and more urgent. The actions by the Federal Reserve have widened the gap.

The economic implications of a colossal infrastructure funding deficit

Within the first two months of the crisis, more than $10 trillion in relief packages were announced worldwide. This was three times more than the response to the 2008-2009 financial crisis.

Bitcoin: What Is It Good For?

If it cannot be used for finance, if it is unsuited to borrower and lender alike, then what is it used for? Some would contend it is used as a medium of exchange. After all, some merchants do accept it. Let’s look at that.

Proof That Trickle-Down Never Even Dribbled Down

Want to see a crystal-clear picture of who has been helped the most by decades of trickle-down economics, who has gone nowhere and who has actually gone slightly downhill? Well, here you go..

Bullish For Gold: Yellen’s Appointment Merges The Treasury With The Fed

The appointment of Janet Yellen as Treasury Secretary fully removes the “Chinese Wall” that is supposed to separate the Fed and the Government. I believe her appointment signals a decision to transition monetary policy into the unfettered implementation of “Modern Monetary Theory.”

Subscribe to Commentaries

Newsletter Signup

GoldSeek Free Newsletters
GoldSeek Daily Edition
Gold & Silver Seeker Report
Gold Seek -- Peter Spina