The (Geo)Politics Of Precious Metals
driven by central banks’ increasing demand, particularly in response to U.S. sanctions and asset seizures, such as the $300 billion in Russian reserves frozen by the West. This trend reflects…
How Much Gold Exists For Every Person On Earth?
How Much Gold Exists For Every Person On Earth? Desired for millennia because of its shine and rarity, gold is still the safe haven asset (with fairly decent returns) in…
Worse Than World War II’ – Visualizing US National Debt (As A Percent Of GDP) Since 1900
‘Worse Than World War II’ – Visualizing US National Debt (As A Percent Of GDP) Since 1900 This year, U.S. national debt is set to approach 100% of GDP, up…
Gold prices hit a new record of $2,900 per ounce
🥇 Gold prices hit a new record of $2,900 per ounce The precious metal is rising amid the escalation of the “trade war” between China and the United States. Amid…
How Silver Could Rise to $100/oz
This post How Silver Could Rise to $100/oz appeared first on Daily Reckoning.During precious metal bull markets, silver tends to significantly outperform gold.But we haven’t really seen that yet this…
Two Charts That Should Worry The Fed (And Trump)
Two Charts That Should Worry The Fed (And Trump) Personal consumption represents over two-thirds of economic activity.Therefore, consumers’ ability to spend, i.e., income, is vital to the economy.Taking it one…