..Many investors are unaware of the magnitude of the upleg that has begun in physical gold so the purpose of this update is to make it crystal clear why it is destined to be massive, for both fundamental and technical reasons.
Read More »$10,000 Gold May Be Too Conservative A Target
$10,000 may be too conservative of a price target for gold up ahead with a lot of pain before we get there, both in commodities and the broad market. A deflationary bust is coming that will wipe out most asset categories, before stagflation takes hold, the Fed intervenes, and commodities skyrocket to previously unimaginable levels.
Read More »Take A Look: We’ve Got the AI Sector Covered!
There are hundreds of AI-related stocks trading on various exchanges around the world and that number has been reduced to 31 pure-play stocks trading on Canadian or American exchanges in 7 categories and put into portfolios which are tracked on a weekly basis. What follows is a summary of these 7 portfolios' performances this week.
Read More »Micro/Small Cap AI Stock Gains Have Evaporated this Month
Our Micro/Small Cap AI Stocks Portfolio went up 13.5% in July on top of a 3.2% increase in June but that strength has evaporated so far in August declining 13.8% MTD. Below are the performances of each of the constituents week-ending August 16th
Read More »Why Do Central Banks Buy Gold? Here’s Why
Central banks like gold because the metal is expected to hold its value through turbulent times and, unlike currencies and bonds, it does not rely on any issuer or government. It also enables central banks to diversify away from assets like US Treasuries and the dollar.
Read More »What Is A Universal Basic Income? Why Is It Flawed?
A Universal Basic Income (UBI) sounds great in theory. According to a previous study by the Roosevelt Institute, it could permanently increase the U.S. economy by trillions of dollars. While such socialistic policies sound great in theory, history, and data, they aren’t the economic saviors they are touted to be.
Read More »What’s the Value of Paris Olympic Gold and Silver Medals?
According to the New York Times, "When the Eiffel Tower underwent renovations in the 20th century, they preserved pieces of the original iron and kept them in storage. Those chunks make up the hexagon figure in the middle of the Olympic gold medal."
Read More »What Effect Would A “Minsky Moment” Have On the Price Of Gold?
Is the current U.S. stock market, and global economy, approaching a Minsky Moment? If so, how would precious metals such as gold and silver react in the aftermath of such a collapse?
Read More »Gold’s Performance When Stock Markets Crash
When trouble really hits the fan, everything slides together and, most times, that includes gold but....
Read More »The U.S. National Debt Reached $35T Last Week! Here’s What It Could Mean
Modern Monetary Theory asserts that as long as the central bank can monetize federal debt and keep interest rates low the government can endlessly increase the amount of debt...[but] those who pretend deficits don’t matter ignore the fact that interest on the national debt will soon be the largest item in the federal budget,
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