Silver: The Overlooked Precious Metal Poised for a Breakout in 2025
While gold has taken center stage with returns of 27.5% in 2024, silver presents a compelling investment opportunity that’s often overlooked. Currently trading around $32 per ounce (33% below its 2011 peak), silver shows significant growth potential with the gold-silver ratio at 91.6—well above the 80 threshold that typically signals…
Gold on Track for $3,000 Despite Recent Volatility
Despite retreating from its recent record high of $2,947, gold appears set for additional gains. State Street’s chief gold strategist George Milling-Stanley forecasts prices between $2,900-$3,100 later this year. Three fundamental drivers support gold’s continued strength: First, central bank purchases have become a consistent feature of the gold market over…
Rickards On Gold’s Historic Rally
Rickards On Gold’s Historic Rally Authored by James Rickards via DailyReckoning.com, Even casual observers know that gold has been trading near all-time highs lately. The dollar price of gold has been trading around $2,955 per ounce, quite close to the all-time closing high and near the recent intraday high just below $3,000 per ounce. Since […]
Indian Gold Imports Set for 20-Year Low Despite Price Correction
India’s gold market is showing early signs of revival as prices pulled back from last week’s record high of 86,592 rupees per 10 grams to around 84,750 rupees on Friday. Though some buyers are returning, many remain cautious according to local jewelers. Dealers have narrowed their discounts to $12-$27 per…
Lower Government Spending Will Not Weaken The US Economy. It Will Strengthen It…
Lower Government Spending Will Not Weaken The US Economy. It Will Strengthen It… Authored by Daniel Lacalle, The Federal Reserve Bank of Atlanta’s GDPNow model projection for real GDP growth in the first quarter of 2025 (Q1 2025) is now showing a slump to -1.5%. This marks a significant downward revision from the previous estimate of 2.3% […]
Gold’s Temporary Pullback: Analysts Still See Clear Path to $3,000
Gold remains on track for further gains despite pulling back from February’s peak of $2,954. Many analysts still believe the precious metal can reach $3,000 per ounce. Financial analyst Jesse Colombo, who predicted the last financial crisis, sees the recent dip as temporary. He attributes it mainly to “the sharp…
Bridgewater’s Dalio: US Debt “Heart Attack” Looming Within 3 Years
Billionaire investor Ray Dalio is warning of a US debt crisis that could strike within “three years, give or take a year.” The Bridgewater Associates founder likens the situation to an approaching heart attack without a precise date. During an Odd Lots podcast interview promoting his book “How Countries Go…
Gold Climbs as Trump Tariffs Raise Economic Concerns and Dollar Weakens
Gold prices climbed back above $2,870 on Monday after last week’s pullback, helped by a falling dollar and rising concerns about Trump’s upcoming tariffs. The president plans to hit Canada and Mexico with 25% tariffs this week and double existing charges on Chinese imports. These moves are raising fears of…
The Original Matrix – What They Don’t Teach You About Money
The Original Matrix – What They Don’t Teach You About Money Via Santiago Capital, “You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit hole […]
How Modern Monetary Theory Advocates View Money & The State
How Modern Monetary Theory Advocates View Money & The State Authored by Frank Shostack via Mises.org, According to the Modern Monetary Theory (MMT), money is something decided by the state. The MMT regards money as a token. For instance, when an individual places a coat in the cloakroom of a theater, he receives a tin […]