It's clear why everyone is scrambling for copper. Once cheap and plentiful, this global workhorse is now a critical mineral. Rising prices indicate high demand and limited supply.
The Fed’s implicit guarantee to prevent the government from defaulting is why politicians in Washington, D.C. don’t feel compelled to change their spending habits.
When I hear people speculating that our inflation troubles are winding down, I wonder what is wrong with their heads. How do they not see more inflation coming?
Our political heroes will kick the can down the road until they can't. The limits are real. Private investors can’t and won’t buy government debt whose repayment is doubtful.
American stock investors will drive gold up as the AI stock bubble inevitably bursts. Still-deeply-undervalued gold stocks need to soar to reflect their fat earnings.
Central banks specifically hold gold for several reasons. The number one reason is gold serves as a long-term store of value, and it creates a hedge against inflation.
We saw flawed labor metrics from the Fed, showing how broken their gauges are. Wars in oil-producing regions are driving up oil prices, raising costs, and damaging the Fed's inflation fight.
By restoring sound money principles, we eliminate the need for trust in central banks, ensuring more stable and predictable economic interactions over the long term.
Long's analysis highlights contradictions in Chinese gold data, noting $200 billion in missing purchases, echoing points made by your secretary/treasurer.