Tag: wealth
Gold bull markets are correlated with secular drops in consumer sentiment. Today’s sentiment numbers will help support gold’s next move.
How to Confront Stagflation
In a period that crushes financial assets and currencies, investors need to own the king of all commodities: gold.
Gold Needs a Fed Pivot
The stock market is a casualty in the Fed’s fight against inflation. Will the entire economy follow? If so, will the Fed make a dovish pivot?
Egypt’s Bread Crisis is the Canary in the Coal Mine
As global food and commodity prices surge, nations are turning inward to protect their own food security. For emerging economies, inflation has a particularly nasty bite.
Inflation: Good for Governments, Bad for You
When public debt starts hitting the tens of trillions, governments only have one option: inflate it away. Sorry citizens!
When the Dip Turns to a Waterfall
Individual investors are relentlessly “buying the dip,” yet stocks continue to tumble. Maybe it’s time to abandon the risky bets and get into something real?
Stocks Are All Dressed up With Nowhere to Go
WWIII looms, equities are getting clobbered, and investors are stacking up on cash. Cash redeployment will be a powerful force.
When Fed Ability Fails, Credibility Follows
The U.S. financial markets rest on how much investors trust the almighty Fed. Can they engineer a soft landing after so many egregious miscalculations and deteriorating credibility?
Hard Assets Shine as Paper Assets Fall
The changing world order comes with a new battle between financial assets, and commodities are winning.
Bond Market Bomb: Ready for a Recession?
The yield curve just inverted, a signal that has accurately predicted 10 out of the last 10 recessions. As investors exit the bond market, where will they go?
History of Hard Money: The Roman Empire
When Matthew wrote his gospel in 85 AD, one pure silver Denarius covered the daily wages of a skilled Roman craftsman. Three hundred years later, the Denarius had been reduced to a worthless scrap of copper alongside a crumbled empire.
Dropping the Dollar, Picking up Gold
The United States just made a monumental decision that discourages central banks from holding U.S. dollar reserves. Where do those trillions go?
The Economic Shocks are Just Beginning
Western sanctions are crushing the Russian economy, yet Putin has little option but to double down, sending shockwaves throughout the global economy.
Volatility is the Story of the Day
Geopolitical, financial, and economic uncertainties are compounding in a precarious display of ups and downs across nearly every asset class.
Gold Breaks Above Declining Trendline
Macroeconomic and geopolitical risks are stimulating interest in gold, but the mass money transfer is only just beginning.
Boost in retail sales knocks gold
U.S. consumer spending jumped by 0.7% in August, boosting the U.S. dollar and sparking another sell-off in gold.
Key Takeaways:
- After failing at $1,833 earlier this month, gold has dropped 4% so far in September.
- Retail sales in August beat expectations, signaling a strong recovery through the Delta variant and hurting safe-haven demand for gold.
- The tight labor market is boosting wages, but low-income workers are no better off because inflation is eating the gains.
