Gold prices are just slightly up and silver prices are lower in early U.S. trading Tuesday, as a big and busy week of U.S. economic reports lies ahead.
The Twilight Zone
The present state of affairs seems like an episode of The Twilight Zone, with the unfortunate twist that this is not a television show; it’s an artificially delayed reality.
The Precious Metals Week in Review – August 30th, 2024
Gold’s record-high prices, combined with growing economic uncertainty and market volatility, are bringing a new focus to the precious metal’s role within global financial markets.
The Coming of the Roman Tax Collectors
Jeff Thomas’s article parallels the decline of the Roman Empire with current economic trends. He highlights how excessive taxation and government spending led to economic migration and deterioration in Rome. The same issues, he argues, are evident today with increasing entitlements, debt, and restrictions. Early exiters from these systems typically fare better.
The Precious Metals Week in Review – August 23rd, 2024
Gold prices are solidly up and hit another record high in early U.S. trading Tuesday. Silver prices are also on the march higher and hit a four-week high overnight.
The Frogs Will Boil Themselves
Jeff Thomas’ article uses the “boiling frog” fable to illustrate how gradual removal of freedoms through media campaigns can lead Americans to willingly diminish their own rights, particularly regarding the Second Amendment. He warns that manipulating public opinion could ultimately result in a Constitutional Review that would undermine the Constitution and increase government power.
The Precious Metals Week in Review – August 16th, 2024
The gold market continues to see some technical buying amid a bullish chart posture.
The Precious Metals Week in Review – August 9th, 2024
Amidst factors typically bearish for the precious metal, gold prices posted solid gains on Thursday.
The Precious Metals Week in Review – August 2nd, 2024
Gold and silver prices are sharply higher in early U.S. trading Friday, following another downbeat economic report that falls squarely in the camp of the monetary policy doves, who want the Federal Reserve to lower interest rates sooner rather than later.
The Precious Metals Week in Review – July 26th, 2024
1. Stocks rebounded after their worst week since April. The megacap space rallied, with the Nasdaq 100 up 1.5%. Despite the recent slump that had some on Wall Street bracing for a summer correction, respondents to a survey expect earnings to reinvigorate the S&P 500. Sky-high valuations and seasonal weakness have incited some pullback warnings,…