How Gold Performs in “Left Tail” Events
An event that has a small probability of occurring is sometimes called a tail event. The “tail” is the sloping far left and right sides...
US Now Spends More Servicing Its Debt Than On National Defense
By Mark Cudmore, Bloomberg Markets reporter and strategist Thanks to rising yields, the US government now has to spend more each year on servicing its...
Notable Quotable | Today’s top gold news and opinion
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– “Tail wagging dog? Perhaps. But while solving the mystery of gold pricing may continue to defy a quick sound bite analysis, and while the...
Florida and Indiana Pass Laws Banning the Use of a CBDC as Money in the State
May 16, 2023 by Michael Maharrey 0 0 Laws recently enacted in Florida and Indiana ban the use of a central bank digital currency (CBDC) as money in...
Von Greyerz: A Disorderly Reset With Gold Revalued By Multiples
Authored by Egon von Greyerz via GoldSwitzerland.com, Tectonic shifts lie ahead. These will involve a US and European debt crisis ending in a debt collapse,...
Daily Gold Market Report | Today’s top gold news and opinion
Gold tracks to downside, hovers just above $2000 levelDominant triple top pattern on gold chart a positive indicator, says Invezz (USAGOLD – 5/16/2023) – Gold...
Media Bias Fails Investors and the Public
May 16, 2023 by Michael Maharrey 0 0 Was the producer price data that came out late last week really more good news on the inflation front? That’s...
Soaring Rates Lead To Slowest Growth In Household Debt In Two Years As Mortgage Originations Plummet
Total household debt rose by $148 billion, or 0.9%, to $17.05 trillion in the first quarter of 2023, according to the latest Quarterly Report on...
The Deutsche Bundesbank and gold: A bond that never breaks?
The Alchemist/Wolfgang Wrzesniok-Rossbach/5-11-2023 “Over the next few years, the gold reserves literally exploded. By 1959, when the European Payments Union was replaced by the European...
Biggest Fear Among US Business Leaders Is “Catastrophic” Debt Default: White House Economic Adviser
Authored by Tom Ozimek via The Epoch Times, A key aide to President Joe Biden said Sunday that American business leaders’ chief concern is not...