Ideas and analysis on money, markets and the world around us.
Earlier this month the US Treasury released its plan to flood the financial system with cash by reducing its balance on its general account at the Fed by $1.229 trillion by not renewing an equivalent amount of T-Bills.…
Read the articleSilver prices have been on a rollercoaster ride over the past weeks, probably also fueled by social media activity. However, we think silver has solid fundamental support at these levels and risks over the medium-term…
Read the articleThis article explains why the successor money to failing fiat is gold, not cryptocurrencies. Cryptos can only act as stores of value so long as fiat exists. I describe how a world transacting with monetary gold and…
Read the articleGold and silver moved sideways this week, first rallying slightly before drifting lower from mid-week onwards. In the wake of the Robinhood/Reddit excitement of the previous week, silver imparted a better tone, while…
Read the articleThis article anticipates the end of the fiat currency regime and argues why its replacement can only be gold and silver, most likely in the form of fiat money turned into gold substitutes. It explains why the current…
Read the articleGold and silver fell this week in exceptionally volatile conditions for silver. Following the small investor’s rebellious attempt to take out the silver establishment, the silver price rose to over $30 on Sunday evening…
Read the articleIt is not widely realised that the EU concept is on its last legs. The bureaucratic inefficiencies and bad leadership were fully exposed last week over the inability of the EU to distribute vaccines and the attempts to…
Read the articleGold and silver drifted lower until yesterday, when out of the blue the silver price took off, gaining 6.4% at one point. Gold went with it, rising by 1.2% before it was slammed for no change on the day. From last…
Read the articleGold prices rallied 25% in 2020 after having gained 19% the year before. We believe this marks still only the beginning of the current golds price cycle, as all main drivers for gold prices are strongly skewed to the…
Read the articleSo long as the fiat-based monetary system continues with accelerated money-printing, the US trade deficit will continue to widen. This is due to the lack of a propensity among Americans to save printed dollars, now…
Read the article