Tag: bank

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 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.

July 20, 2023

Strong Earnings Hide Looming Bank Crisis

To solve yesterday’s crisis, regulators have sowed the seeds of tomorrow’s crisis.

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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?

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 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?

October 6, 2022

Raise Rates ‘Til Something Breaks!

Rising interest rates reveal the consequences of exorbitant debt and leverage. When the free money disappears, what remains tends to flow into real assets.

September 22, 2022

Recessionary Red Flags

The current pace of rate hikes has no modern precedent. With recessionary red flags popping up everywhere, what will it take for the Fed to reverse course?

September 14, 2022

Gold Struggles Despite Stubborn Inflation

Inflation and money supply indicate that gold has room to run. How long can rising interest rates and dollar strength suppress the price?

August 19, 2022

Oil Might Be Due for an Unwelcome Rise

Inflation has peaked, right? The stock market is certainly acting like it, but there are many reasons to believe we are not out of the woods yet.

August 3, 2022

Is Gold in the Beginning of a Historic Short Squeeze?

The futures market is flashing a very clear, and very rare, signal. Gold’s jump from $1,680 to $1,800 could the be the beginning of a significant move higher. Right now, gold is still on the sale of the century.

July 28, 2022

When Will the Money Printers Turn Back On?

As the Fed grapples declining GDP and the growing threat of recession, will they let the economy crumble and defeat inflation, or juice the markets again?

July 20, 2022