Tag Archives: 6a) Gold & Monetary Metals

The Anti-Concepts of Money The cash-value of promoting each of these anti-concepts is that they lead people to think that the central bank should impose a monetary policy. To make our lives better.  Our monetary policy is set by the Federal Reserve, which states that in pursuit of its mandate for price stability, it will engineer chronic 2% annual inflation. If we had nuclear reactor policy like this, power plant engineers would seek a slow, steady increase in core...

Jeff Deist and Ben Nadelstein discuss narratives surrounding the merits of gold ownership. Is gold an inflation hedge, store of value, or a safe haven asset? The episode ends with questions regarding gold’s monetary premium and the different types of inflation. Connect with Jeff and Monetary Metals on X: @JeffDeist @Monetary_Metals [embedded content] Additional Resources Start Earning Interest on Gold The Case for Gold Yield in an Investment Portfolio How NOT to...

This is a brief preview of our annual Gold Outlook Report. Every year we take an in-depth look at the market dynamics and drivers and finally, give our predictions for gold and silver prices over the coming year. Click here to download a free copy of the full Gold Outlook Report 2024. The talking heads are talking about recession, unemployment, and inflation. The same as they’ve always done, though now perhaps with a bit more urgency. Most people have...

Scottsdale, AZ – March 12, 2024 Monetary Metals has released its eighth annual Gold Outlook Report. The report features Monetary Metals’ award-winning economic analysis and their price forecasts for gold and silver in 2024.   The report makes a case against the mainstream notion that inflation continues to be the primary driver of the Federal Reserve’s interest rate policy. Instead, they provide mechanical analysis supported by decades of data that suggest the...

Gold price remains confined in a narrow band heading into the European session.  Hawkish Fed expectations underpin the USD and act as a headwind for the metal. The downside seems limited ahead of the crucial US PCE Price Index on Thursday.  Gold price (XAU/USD) extends its sideways consolidative price move around the 50-day Simple Moving Average (SMA) on Wednesday as traders await fresh catalyst before positioning for the next leg of a directional move. Hence, the...

The big news in gold is two-fold right now; gold hit new all-time highs in several currencies and central bank demand for physical gold remains strong hitting a year-to date record in Q3 this year.  Gold at $2,000?  So whilst the headlines were all about dollar-denominated gold showing us that it’s still destined for levels north of $2,000 the real news is about other currencies and gold. Ahead of yesterday’s FOMC announcement the price of the yellow metal hit...

(Montpelier, Vermont) – On the heels of overwhelming votes to remove all taxes from purchases of precious metals in Mississippi, legislators in Vermont have introduced a measure to curtail the controversial tax in their own state. Introduced yesterday by Rep. Peterson, Demar, Highly, and Smith, House Bill 295 would cancel sales taxes on larger-sized purchases of “rare coins of numismatic value, gold or silver bullion or coins, or gold or silver tender of any nation...

In 1983 a total of 6,840 gold bars were stolen from a high security vault in Heathrow in what is still considered to be ‘the crime of the century’. 40 years on and the gold heist is still the biggest single-theft of gold in history. What’s incredible is that the perpetrators never even expected to steal any gold. They were instead expecting to find around £3 million in cash. After failing to get into the targeted vault the armed robbers discovered three tons of gold...

According to Federal Reserve chairman Jerome Powell, disinflation is now taking hold. Yes, the very same person who had to walk back his ridiculous pronouncements in 2021 and 2022 that inflation was “transitory” now wants us to believe that inflation is in the process of steadily declining. Powell delivered a quarter-point rate hike on Wednesday. He also delivered remarks widely interpreted by markets as dovish. He suggested the Fed was close to declaring victory...

Cheyenne, Wyoming, USA (February 2nd, 2023) – The Wyoming State Senate today voted 16-15, on a bipartisan basis, to pass a bill prompting the Wyoming state treasurer to hold gold and silver “specie” to protect the state – as well as establish a process to receive certain tax payments in specie. Introduced by Senator Bob Ide (R-Casper), SF 101 amends and further implements the Wyoming Legal Tender Act, a popular 2018 law that had removed all tax liability from gold...