Inflation’s Disruptive Power, Pt 2 – Cost and Effect
The cost of taming inflationDebt to GDP ratiosThe great bond exodusInterest rates and currency values Greetings! Here’s Part Two of our special report on “Inflation’s Disruptive Power.” In Part One, called “Inflation Then and Now,” I analyzed the recent history of US inflationary cycles, the conditions that have created them, and the actions taken by […]
Read MoreInflation’s Disruptive Power, Pt 1 — Then and Now
14 decades of inflation1970s versus todayFed Funds Rate and CPIWhy today’s inflation is hitting so hard Greetings! With inflation raging at a 41-year high above 9%, the Fed is hung on the horns of a dangerous dilemma. It must raise interest rates aggressively to lower inflation, but by how much? Too little, and inflation may […]
Read MoreStrong dollar puts gold on sale
Precious metals and summer doldrumsDollar exceptionally strong – for nowInflation continues to be red hotUpdated precious metals chartsThe silver squeeze is returning$20 Liberty gold – scarce and undervalued Greetings! The first half of 2022 has seen carnage in almost every market, with both stocks and bonds suffering historic selloffs under the combined threats of raging […]
Read MorePrecious metals finding support
US dollar exceptionally strong – for nowInflation continues to be red hotFed funds rate then and nowGold, silver, platinum and palladium updated chartsThe silver squeeze is easing – prices edging lower$20 Liberty specials – scarce and undervalued now Greetings! With the Fed launching an aggressive monetary tightening while the economy cools and inflation rages, the […]
Read MoreGold’s next leg higher
Recovery's high cost Slowing job creation Stickier inflation Negative real yields Taper nightmare Bullion and US gold coins Greetings! From August 2018 to August 2020, gold gained an astounding 75%, rising almost $900 an ounce to an all-time high of $2,067. For much of 2021, the metal consolidated those enormous gains, correcting first below $1,900 […]
Read MoreGold, debt, and real yields
Multifaceted inflationNegative real yields Our debt trap Slower growth, Weaker dollarPhysical gold and silver The re-opening of the US economy after Covid closures has ignited the strongest inflationary pressure since the 1970s. In addition, with the budget deficit projected to be $3 trillion this year, our national debt is exploding at the fastest pace since […]
Read MoreGold hit by surge in yields
Treasury yields surge Inflationary pressures risingFed staying dovishDebt and the dollarPhysical gold & silver Greetings! The US economy is poised to record a strong first quarter. Risk sentiment is unusually high as vaccines roll out and more parts of the country reopen after Covid-19 closures. Prices for commodities have surged in the last six months, […]
Read MoreGold shines again in 2020
Jobs, jobs, jobs Exploding debt and deficits Latest charts Year-end trading cycles Classic gold coins and bullion Season's greetings! In a year of unprecedented tragedy, gold has again been a shining light for investors. After rising nearly 19% in 2019, the metal is on track to gain more than 20% in 2020, making it among […]
Read MoreGold gathers for another surge
In the June edition of AGE's Gold Commentary, we alerted you that gold was poised for a record run above $2,000. In August, the market fulfilled those expectations, with gold setting a series of all-time highs that culminated in a new record of $2,069. Silver's action has been even more impressive. After lagging gold for […]
Read MoreGold poised for record run
In this issue: Gold rising Dollar retreating Silver catching up Bullion premiums normalizing Big opportunities in US gold coins Greetings! A quick update to alert you that gold is poised for a breakout. Over the past week, the metal has risen around 3% to the highest level since October 2012, punching through major resistance at […]
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