My fear for the US economy, and, as a result the world economy, is that most countries have borrowed far more than they can afford, and they cannot afford to reduce or pay back the debt. I feel that the confidence built in the dollar over decades is being destroyed
I have seen quite a few articles lately saying that rising bond yields are detracting from the gold and silver prices. It appeared to be true on Tuesday night when both gold and silver prices were smashed, only to recover all the losses easily on Wednesday morning. When looking at
His take on where we are relative to the 1973-1974 fractal of the gold chart. If he is correct, and I believe he is, we are at the beginning of a long upward trajectory. I think the same goes for silver, but for different reasons. Gold doubled over the time
US GDP reportedly grew by 1.5% in the second quarter. Cause for celebration? Not necessarily. The figure comes from the government, and whether it accurately reflects economic reality is open to debate. Personally, I have my doubts. Economists generally regard annual GDP growth of 2% to 3% as healthy. At
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