Druckenmiller Bets Against the Dollar. What Does That Mean for Gold?
Can we trust Congress and the Fed to make prudent decisions with our currency? One of the world’s greatest investors says no.
Can we trust Congress and the Fed to make prudent decisions with our currency? One of the world’s greatest investors says no.
The gold futures market hit an all-time high after the second-largest bank failure in U.S. history. Will the price ceiling become the new floor?
The world’s largest nations are fighting the US dollar reserve system. The only suitable replacement is gold.
Your bank account balance does not represent the number of dollars stored in a vault somewhere. It represents how much money the bank owes you.
What You Need to Know About The Collapse of Silicon Valley Bank and Closure of Signature Bank
Gold falls slightly on dollar strength. Inflation continues to come down, but the data shows signs of an impending wage-price spiral.
The Fed is headed for an annual operating loss for the first time in 108 years. They will soon be forced to print the money to cover their expenses. A conundrum, indeed!
Central bankers shoot for “subliminal” inflation – not enough to notice on a day-to-day basis, but enough to cause dramatic changes over the long run.
Inflation appears to have peaked and markets are partying across the board. But if we examine the risks of global debt, is the optimism justified?
Because the entire global financial system was built on gold. Today, the gold price sends important signals about the economic health of the world’s most powerful nations.