It is undeniable that the ongoing crisis in Ukraine has polarized Western societies to an extent unseen in decades in any other foreign conflict. For over a month, we have been bombarded unceasingly by all mainstream media sources with reports and stories about Russia’s invasion and this conflict has already created deep social rifts in many other nations, and EU members in particular. No matter where one stands on this topic and no matter how passionate one might feel about it, I...
Read More »Russia’s “gold peg”: Lessons for Western investors
It is undeniable that the ongoing crisis in Ukraine has polarized Western societies to an extent unseen in decades in any other foreign conflict. For over a month, we have been bombarded unceasingly by all mainstream media sources with reports and stories about Russia’s invasion and this conflict has already created deep social rifts in many other nations, and EU members in particular. No matter where one stands on this topic and no matter how passionate one might...
Read More »Cantillon effect: Who’s paying the highest price?
Every time we hear government officials announce their big spending plans, their new welfare programs and their ambitious “job creating” schemes, they always present them as being in defense of the poorest and the most marginalized members of our societies. In coordination with their central bankers, they print and spend new money at will, claiming that it is all for the benefit of the weakest among us and that all the freshly created funds will support them without further burdening...
Read More »Cantillon effect: Who’s paying the highest price?
Every time we hear government officials announce their big spending plans, their new welfare programs and their ambitious “job creating” schemes, they always present them as being in defense of the poorest and the most marginalized members of our societies. In coordination with their central bankers, they print and spend new money at will, claiming that it is all for the benefit of the weakest among us and that all the freshly created funds will support them...
Read More »Gold Price Today – Gareth Soloway
Dave Russell of GoldCore TV welcomes back Gareth Soloway of InTheMoneyStocks.com where we ask if the bull market for stocks is back and if $2,500 on gold is still on the cards for 2022? What role does the inversion of the yield curve play in signaling a US recession? [embedded content] [embedded content] You Might Also Like Gold Gives You Personal Sovereignty 2022-03-09 Dave Lukas of Misfit...
Read More »Is gold too expensive?
Over the last couple of years we witnessed quite an extraordinary ride in gold prices. An impressive ascent until the last quarter of 2020 was followed by a pullback that scared many speculators away, which in turn transformed into a period of strength and then came another ebb… And recently, once again, we saw the yellow metal shoot up, fueled by inflation fears and the situation in Ukraine. Given that the fundamentals remain unchanged and that the only way is up for gold, another...
Read More »Is gold too expensive?
Over the last couple of years we witnessed quite an extraordinary ride in gold prices. An impressive ascent until the last quarter of 2020 was followed by a pullback that scared many speculators away, which in turn transformed into a period of strength and then came another ebb… And recently, once again, we saw the yellow metal shoot up, fueled by inflation fears and the situation in Ukraine. Given that the fundamentals remain unchanged and that the only way...
Read More »The Fed Has No Idea What’s Coming Next!
We will let you know what we are doing once we know what we are doing was the message from the Federal Reserve statement and Chair Powell’s press conference that followed. The Fed, as widely expected did raise their short-term rate, known as the fed funds rate, by .25% to a range of 0.25% to 0.50%. This was the first increase since 2018. Along with the statement FOMC (Federal Open Market Committee) participants also released their Summary of Economic Projections....
Read More »The forgotten art of Debate
One quick glance at different news headlines or just 5’ switching between TV networks suffice to convince even the most naive news consumer that there is something seriously wrong with the way public discourse was (d)evolved in our societies over the last years. Of course, journalism was never entirely devoid of bias, not even in its “golden age”. Reporters and editors are merely human after all and their own views, beliefs, hopes and opinions have always tainted...
Read More »The forgotten art of Debate
One quick glance at different news headlines or just 5’ switching between TV networks suffice to convince even the most naive news consumer that there is something seriously wrong with the way public discourse was (d)evolved in our societies over the last years. Of course, journalism was never entirely devoid of bias, not even in its “golden age”. Reporters and editors are merely human after all and their own views, beliefs, hopes and opinions have always tainted the products of...
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