Author: Mason Stetler

September 21, 2023

Rising Defaults on Cars, Cards, and Corporate Debt: Consequences of Free Money?

The drastic increase in debt defaults show that rate hikes are starting to bite. The “free money” measures during COVID-19 seem to have delayed, not solved, the problem.

September 7, 2023

Gold: Growth Asset or Insurance Policy?

Should investors own gold to capitalize on price increases, or hedge against the incoming recession? The answer may depend on monetary policy.

August 24, 2023

Real Yields and Gold: What’s Next?

After surging for a year and a half, real yields may be approaching a ceiling. If so, gold is primed for a strong resurgence.

August 9, 2023

Credit Rating Troubles Put a Shine on Gold

Assets and industries traditionally considered “safe havens” are rapidly losing their luster in our high interest rate environment. Precious metals could soon be the last bastion of safety.

May 17, 2023

Druckenmiller Bets Against the Dollar. What Does That Mean for Gold?

Can we trust Congress and the Fed to make prudent decisions with our currency? One of the world’s greatest investors says no.

May 4, 2023

Gold Hits All-Time High Amidst Bank Failures, Weakening US Dollar

The gold futures market hit an all-time high after the second-largest bank failure in U.S. history. Will the price ceiling become the new floor?

April 3, 2023

Russia and China Wage War on the Dollar

The world’s largest nations are fighting the US dollar reserve system. The only suitable replacement is gold.

March 23, 2023

The Achilles’ Heel of Modern Banking

Your bank account balance does not represent the number of dollars stored in a vault somewhere. It represents how much money the bank owes you.

February 16, 2023

Gold Takes a Breather, Inflation Stays Hot

Gold falls slightly on dollar strength. Inflation continues to come down, but the data shows signs of an impending wage-price spiral.

February 9, 2023

Quantitative Easing in Disguise?

The Fed is headed for an annual operating loss for the first time in 108 years. They will soon be forced to print the money to cover their expenses. A conundrum, indeed!

February 1, 2023

The Shocking Impact of Subliminal Inflation

Central bankers shoot for “subliminal” inflation – not enough to notice on a day-to-day basis, but enough to cause dramatic changes over the long run.

January 18, 2023

The World Has a Debt Problem

Inflation appears to have peaked and markets are partying across the board. But if we examine the risks of global debt, is the optimism justified?

December 7, 2022

Crypto Contagion Makes Gold Shine

Gold was up 11% last month as crypto and the U.S. dollar faltered. Economic hardships on the horizon may trigger the yellow metal’s next meteoric rise.

November 9, 2022

Gold Rallies! Can it Last?

The Fed can fix monetary policy, but cannot fix deglobalization, public debt, or fiscal spending. They can’t fix the reasons we own gold.

November 2, 2022

Entry Points, Entry Points, Entry Points

Gold trickles down for seven months straight, despite massive demand for coins and bars from central banks and individual investors.

October 13, 2022

The Global Empire of Risk

Should the Fed pay attention to the IMF’s warnings about global financial risks and deteriorating market conditions? Probably, but more red-hot inflation data means their hands are tied.