One of the 5 main purposes of the meeting in Davos is to discern and implement new ways to convince the public that giving a perpetual and eternal supply of money to the largest employers in the world - governments, the banking industry and the defense industry - is the path to financial salvation.
Read More »Why The Gold Price Remains So Low: An Inside Scoop (+5K Views)
Gold investors are becoming ‘roadkill’ as our current economic structure completes its metamorphosis from a capitalist system within a democratic government into an ‘idiotocracy’.
Read More »Kicking the Can Down the Road Will Eventually Lead to a Debt Jubilee
How long before interest payments on the debt exceeds revenues? An cross-the-board ‘Debt Jubilee’, however, from an historical perspective shows that retiring debt can actually make a country’s economy, and its indebted citizenry, all the better for it.
Read More »Baltic Dry Index: Leading Indicator of Short-term Global Economic Activity & Commodity Price Movements (+2K Views)
BDI is a “leading economic indicator” in that it measures the transportation cost of raw materials used for production of finished goods. Therefore, it is an important input in predicting short-term economic activity.
Read More »The Baltic Dry Index: Why You Should Use It and How to Do So (+3K Views)
The Baltic Dry Index is, in my opinion, the best leading economic indicator to follow when the media is telling us the economy is looking great one week and then predicting a double dip recession the next. Let me explain. Words: 933
Read More »Gold: What Do Terms “Karat” & “Troy” Mean? What’s A “Carat”?
What's the difference between 1 troy ounce of gold and 1 (regular) ounce? What's the difference between 18 and 10 karat gold? What's the difference between a .75 and 1.0 carat diamond? Let me explain.
Read More »NFL Is Based On Socialism – Yes, Socialism! (+4K Views)
Football, the most red-blooded, all-American, do-or-die, love-it-or-leave-it sport there is was founded on a concept so "un-American," it would make Ronald Reagan turn over in his grave. It's called socialism. Yes, socialism!
Read More »Gold’s Prospects In A Soft-Landing Scenario Are Mixed – Here’s Why
According to the World Gold Council, soft landing environments have typically resulted in flat to slightly negative average returns for gold. However, every cycle is unique, and 2024 may bring surprises.
Read More »These AI Gold Forecasts For 2024 Are Mixed
“Despite reaching record highs fueled by recession fears and safe-haven demand, gold’s 2024 outlook remains delicately balanced. Inflationary pressures might keep central banks hawkish, limiting significant gains, but deepening recession could trigger policy easing, boosting gold’s allure.”— Google Bard
Read More »UPDATE – Gold:Silver Ratio Suggests Much Higher Future Price for Silver (+33K Views)
Silver is currently greatly undervalued relative to its average long-term historical relationship with gold and, as such, it is realistic to expect that silver will eventually escalate dramatically in price. How much? This article applies the historical gold:silver ratios to come up with a range of prices based on specific price levels for gold being reached.
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