Economy

Don’t listen to what the official numbers say. Inflation is a big problem already for the U.S. economy - and in an inflationary environment, gold bullion goes up and stock prices go down, because materials cost more and consumers spend less. I’d adjust my portfolio accordingly for the rapid inflation that awaits us.

"The American Century Ends, and the Pacific Century begins." Seriously? We say B.S. to that. This moment in history is not the end of American dominance. If anything it is a beginning. In terms of dominance, America has barely rolled up its sleeves. [Let me explain.]

It’s crucially important to your financial future that you understand what capital controls are, how and why they are implemented, the harm they can cause, and what you can do to protect yourself. [This article does just that. Read on!]

Government fiscal policy - profligate spending, leading to debt crisis, leading to currency crisis, leading to…the fall of the U.S. dollar – is the major cataclysmic endgame that is going to befall the U.S.

A recent Gallup survey on expected future returns of asset prices shows that most Americans still think that owning a home is the best way to generate a high return in the future. Nothing could be further from the truth! It just shows how totally out of touch with reality the average American is.

The March year-over-year inflation rate was 1.51%, which is well below the 3.88% average since the end of the Second World War and 37% below its 10-year moving average.

Something is clearly out of whack. Gold has failed to push higher against the backdrop of a lower U.S. dollar for the first time in over a decade and, with pressure on the dollar increasing, the failure of support could ignite a massive decline. Is gold preparing to launch this time?

Russia is a huge supplier of oil and gas — traded in US dollars — which gives it both leverage over near-term energy flows and, far more ominous for the U.S., the ability to threaten the dollar’s reign as the world’s reserve currency - and it’s taking some big, active steps towards that goal.

There is not a shred of evidence that the price of gold is about to embark upon a much higher trajectory. What the market is saying is that nothing in the news is disturbing the bottoming process.

At the beginning of a hyperinflationary cycle, the stock market virtually always makes substantial gains which is just reflecting the sheer weight of printed money...After the initial enthusiasm the stock market loses its lustre and falls in tandem with the economy into a deflationary depression. The U.S. is now slowly entering such a hyperinflationary phase. Here's what that means for the future price of gold.