The disconnect between the economy and the equity market seems to continue as the economic recovery pace appears to have slowed down amid news of stock market rallies.
The Precious Metals Week in Review – June 18th, 2021
Rampant inflation and stock market corrections make a good case for holding balanced portfolios that include safe-haven investments.
The Precious Metals Week in Review – June 11th, 2021
1. Despite May’s inflation report exceeding economists’ expectations, the week ended on a high note with a second weekly unemployment insurance report with less than 400,000 claims and a new low. The stream of good news started on Monday when the U.S. the Federal Bureau of Investigation reported it had seized more than half of…
Basel III is Coming, and That’s Bullish for Gold
The new Net Stable Funding Requirement (NSFR) rules under Basel III for gold come into force at the end of this month.
The Freedom Fairy
“the most natural tendency seems to be to irrationally hope that the Freedom Fairy will come along, wave the magic wand, and send the country back to a time when most everyone worked for a living”
The Precious Metals Week in Review – June 4th, 2021
1. The week ended on a somewhat positive note with record lows for the weekly unemployment claims report and U.S. daily averages of COVID-19 cases, deaths, and hospitalizations. Nevertheless, May’s job reports in the U.S. and Canada were rather disappointing. Although the U.S. Labor Department’s latest nonfarm payroll report recorded gains of 559,000 posts—lower than…
Inflation: Your Role as a Milk Cow
An article by Jeff Thomas, feature writer for Strategic Wealth Preservation, Doug Casey’s International Man and 321gold.com Traditionally, inflation has been defined as “an increase in the amount of currency in circulation.” Such an increase almost always causes an increase in the cost of goods and services, since, more plentiful currency units lowers their rarity,…