Negative Rates In The US Are Virtually Guaranteed Now

Negative Rates In The US Are Virtually Guaranteed Now

Mar 5, 2020 | Economy, Finance

On October 19, 1987, the US stock market suffered the worst crash in its more than 200 year history, dropping more than 23% in a matter of hours. It wasn’t just in the United States, either. More than 20 major stock markets around the world, from London to Hong Kong...
Gold Is A Chameleon

Gold Is A Chameleon

Mar 4, 2020 | Gold

Is gold a commodity, an investment, or money? The answer is… Gold is a chameleon. It changes in response to the environment. At times, gold behaves like a commodity. The gold price tracks the ups and downs of commodity indices. At other times, gold is viewed as a...
Silver Backwardation Returns, Gold And Silver Market

Silver Backwardation Returns, Gold And Silver Market

Mar 3, 2020 | Gold, Silver

The big news this week was the drop in the prices of the metals (though we believe that it is the dollar which is going up), $57 and $1.81 respectively. Of course, when the price drops the injured goldbugs come out. We have written the...
Why Is Gold Tanking?

Why Is Gold Tanking?

Feb 28, 2020 | Gold

The coronavirus continues to take its toll on the stock market. If you were expecting a major recovery today after yesterday’s bloodbath, you were very disappointed. Stocks opened higher this morning but soon fell back into red territory again, where they stayed...
Cycles: What Goes Up Comes Down

Cycles: What Goes Up Comes Down

Feb 26, 2020 | Economy

From Charles Nenner: “It’s Time to Sell.” (January 28, 2020) “Market will go down 40%” “We are totally out of stocks.” “These bull markets don’t stop on a dime.” “Small investors are upset if they miss another two or three percent to the upside, while the big investor...