Here we have a most interesting collection of signage. Some low-level civil servant who’s in charge of deciding what the motorist may do at this particular junction has become quite thorough in creating restrictions.
Silver in Charts: Supply/Demand Crunch After Years of the Opposite
The data is in: based on a review of reports from multiple consultancies, the silver market has officially entered a supply/demand imbalance. The structure now in place sets up a scenario where a genuine crunch could occur.
The Precious Metals Week in Review – May 10th, 2019
Escalating tensions in the trade talks between the U.S. and China sent markets lower as President Trump threatened to enact a tariff increase on Chinese goods beginning Friday. When the U.S. followed through on its threat at midnight on Friday morning, stocks plunged as equity markets apparently had not been pricing in the fact that the deal could collapse so quickly.
All That’s Missing Is a Black Swan
The Federal Reserve chart above only goes back to 1970, but its message is clear, nevertheless. The velocity of money has dropped below that which was necessary to maintain a productive economy in 2009 and has never recovered.
The Precious Metals Week in Review – May 3rd, 2019
The U.S. Federal Reserve was the primary driver for market movements this week as analysts awaited the release of the Non-Farm Payrolls report for April on Friday.
A Tree Falls In The Woods
In the late eighteenth century, Bishop George Berkeley posed the question, “If a tree falls in a forest and no one is there to hear it, does it make a sound?”. Since that time, generations of university philosophy professors have required their students to consider the question.
The Precious Metals Week in Review – April 26th, 2019
An outbreak of violence in Sri Lanka rattled markets this week as terror attacks during the Easter Weekend ripped through three churches and four luxury hotels, killing at least 290 and wounding nearly 500 more.
Modern Monetary Theory: Economic absurdism enters the mainstream
After the Trump election victory, traditional, conventional politics and politicians have largely fallen out of favor. Middle-of-the-road ideas, proposals crossing party lines and common-ground platforms that once played a prominent role in many campaign playbooks have been replaced with a very different type of strategy.
Shipping Gold Into Other Countries: How Does It Work
“How do I get it there?” is a question I’m often asked by clients who wish to move their gold or silver from their homes into a foreign country. Usually, their intention is to move it to an offshore depository for long-term storage.
Should Gold Investors Root for Deflation?
One of gold’s biggest catalysts throughout history has been inflation. Debase your currency enough and gold responds almost automatically. And the bigger the inflation, the bigger gold’s response. Even the fear of inflation ignites the gold price, like we saw from 2009 to 2011.