Author: cyketan

Financial Post/David Rosenberg and Marius Jonstra/9-17-2021 “For precious metals such as gold and silver, despite having positive medium- to longer-term outlooks, the market environment has been tough. The main drivers of momentum, liquidity and speculation that have taken hold in…

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– “The first step in theorizing correctly about money is to understand that the value of money, like that of commodities, is never fixed and unchanging. Chinese philosophers who published the earlier Mohist Canons(468 B.C.~376 B.C.) grasped this crucial point.…

Guggenheim/Scott Minerd/9-15-2021 “Bond yields could fall further as rising fiscal risks get priced in.” USAGOLD note: We agree with Minerd on this. It is difficult to see how the Fed can engage in any serious tapering given the level of…

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World Gold Council/Staff Repost from 7-30-2021 Chart courtesy of World Gold Council • • • Click to enlarge “Bar and coin investment generated strong y-o-y growth in Q2, rising by 56% to 243.8t. This was lower than the strong Q1…

Financial Times/Gillian Tett Repost from 7-30-2021 “August marks the 50th anniversary of a momentous event: Richard Nixon, then the US president, summoned his advisers to Camp David. The subject of discussion wasn’t war or foreign policy.” USAGOLD note: Tett marks…

National Review/Chris Edwards Repost from 9-13-2021 “Democratic leaders in Congress are moving ahead with a $1 trillion infrastructure bill and a $3.5 trillion reconciliation bill to expand entitlements. Both bills are fiscally reckless and fund activities that are the proper…

Seeking Alpha/Tom Parker and Jeff Rosenberg (BlackRock Funds) Repost from 9-13-2021 “Why are markets so focused on real rates now? It’s no secret that nominal rates have been declining for a long time. COVID accelerated that trend as investors flocked…

1. Don’t buy it because you need to make money; buy it to protect the money you already have. 2. Don’t look at price as a barrier; look at it as an incentive. 3. Don’t buy the paper pretenders; buy…

MarketsInsider/Harry Robertson/9-13-2021 “Goldman said it expects the S&P GSCI commodities index to return 11% or more over the next 12 months. The index is dominated by oil, and it includes a heavy weighting of gold and agricultural products such as…