From Peter Reagan for Birch Gold Group
President Biden’s decision to participate in the Ukraine-Russia conflict back in February 2022 has taken a new and dangerous turn this year.
The U.S. dollar could suffer dramatically as a result.
Before we explore that new development, we’re going to start by quickly summarizing some of the events that led the United States to this point.
Let’s begin…
Continue reading “Biden’s Dollar Weaponization – Growing Backlash Could Kill the Economy”
From Peter Reagan for Birch Gold Group
This week, Your News to Know rounds up the latest top stories involving precious metals and the economy. Stories include: Who’s the mystery gold buyer making big waves in the market?, gold hasn’t yet gained as much as the dollar has lost and how you know without a doubt that gold is being reintroduced to the monetary system.
Even before it was trendy, we noted over and over how gold’s moves up are seemingly happening without obvious causes. (The fundamentals are there, of course – but based on them, gold price should have been much higher long ago.)
Continue reading “Mystery Gold Buyers Want It All for Themselves”
Guest Post by Antonius Aquinas
The recent run-up in the gold price has not garnered the attention among the mainstream financial media outlets as it should. Gold has, in part, been overshadowed by the rise in the price of bitcoin and other cryptocurrencies.
Naturally, the financial press, which is really an arm of the government and its central bank, wants to ignore, as much as possible, references to gold as protection against the continuing increase in the price level which itself has been deliberately understated by monetary officials. The media and government understand that precious metals are the ultimate security against runaway inflation and economic collapse.
From Peter Reagan for Birch Gold Group
In addition to the already bad news we revealed last week, it looks like there is even more bad news for Biden.
It appears like it’s becoming even more expensive to live in this country, no matter where you decide to put down roots or try to save for your retirement.
So let’s take a quick look at why that could be…
Continue reading “Why the Cost of Living Is Quickly Becoming Unbearable”
From Peter Reagan for Birch Gold Group
This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: Sky-high gold forecasts by top names, why the Middle East escalation proves gold’s run isn’t driven by military conflict and could a surprise interest rate hike push gold’s price down?
A recent call for $4,000 gold has been made. Which of our “usual suspects” was behind it? Frank Holmes? Alasdair MacLeod? Putin?
As it turns out, UBS. But we’ll start with the more “tempered” forecasts and go on from there. The week has had a number of top Wall Street names issue some very bullish predictions for gold, with the moderate end being Goldman Sachs.
Once again upping their gold target, they gave a fairly detailed explanation of what’s behind the price move, with this choice quote:
Continue reading “UBS Analysts Trigger Outrage With “Unbelievable” Gold Forecast”
From Peter Reagan for Birch Gold Group
One thing is certain in these strange times: The rate of Bidenflation just doesn’t seem to be cooling off by any stretch of the imagination.
In fact, it’s likely to outlast Biden’s entire four-year presidential term.
Keeping an eye on the latest inflation rate is important because any lost purchasing power doesn’t come back once it’s been taken from you.
So let’s take a deeper look…
Continue reading “Harder Times Ahead – Economic Trends Warn Americans to Prepare Now”
Crypto bulls – at least those who didn’t betray their “laser eyes” PFP and sell previously – have had their day in the sun for the past 3 months as bitcoin and most other digital fiat alternatives soared, making it clear why, despite the difficult, it can be so very profitable to HODL, especially with the US is approaching the Minsky Moment of issuing $1 trillion in debt every 100 days, and interest on US debt, now at $1.1 trillion, is set to surpass Social Security spending and become the single largest government outlay before the end of the year.
Now that rate cuts are off the table, interest on US debt – currently the second biggest government outlay at $1.1 trillion – will surpass social security and become the single biggest US expense before the end of 2024 at $1.6 trillion. pic.twitter.com/OQYjHhOks9
— zerohedge (@zerohedge) April 11, 2024
And now, it’s time for GODL!
Continue reading “GOLD! Precious Metal Soars Above $2,400 After Sudden Gap Higher”
Guest Post by Mark Jeftovic
A new secular bull market in gold has now been confirmed. As you may recall from an earlier edition (of The Bitcoin Capitalist), I was mulling over re-allocating my decades-old gold stock portfolio into Bitcoin and crypto – which I did.
As if on cue, gold has put up a new string of all-time high’s since. But it is yet to crack that $2,590 USD level, which is the inflation-adjusted high from the 1980 cycle top. That was my marker for when the gold breakout would be “for real”. It hasn’t happened yet, but precious metals do appear to be off to the races. It looks like we’re in a genuine bull market.
Continue reading “It’s Beginning To Feel Like “Everything Bubble 2.0””
Guest Post by Bryan Lutz, Editor at Dollarcollapse.com
Ever since Nixon took the US Dollar off the gold standard in 1971, gold has acting accordingly. There are three relationships that traders, investors, and I suppose many gurus out there have been able to rely on to predict gold’s future pricing. Now, gold is breaking three of the most prominent indicators.
When the Federal Reserve raises interest rates, it pushes the value of the US dollar up. The effect drives the price of gold down.
So there’s an inverse relationship between the price of gold and the Federal Fund Interest rates.
You can see how this works below:
Continue reading “Gold Continues Up Defying Conventional Behavior, In 3 Charts”
From Peter Reagan for Birch Gold Group
This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: Gold gains $100 in a week, gold’s gains are causing analysts to reassess the world order, and what are BRICS members Russia, China and India telling us about gold?
Continue reading “Gold’s Unbelievable Week Leaves Skeptics Scrambling”
Although the price of gold has reached new record highs in 2024, gold miners are still far from their 2011 peaks.
In this graphic, Visual Capitalist’s Bruno Venditti illustrates the evolution of gold prices since 2000 compared to the NYSE Arca Gold BUGS Index (HUI), which consists of the largest and most widely held public gold production companies. The data was compiled by Incrementum AG.
From Peter Reagan for Birch Gold Group
This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: Gold dazzles for another week as it passes $2,150 again, what we’ve learned about why gold is going up, and what it’s like to be a Chinese gold consumer right now.
Another week of sitting back and seeing how far analysts are willing to push today’s gold price predictions for the year. We were here last week at $2,080, and $2,150 is the latest pit stop in the race to $3,000. Right now, sky-high forecasts are abundant.
Continue reading “2024 Gold Price Targets Surge Across the Board”
From Peter Reagan for Birch Gold Group
This week, Your News to Know rounds up the latest top stories involving precious metals and the economy. Stories include: Gold notches another all-time high over $2,180, analysts are acknowledging that gold’s surging price confuses them and understanding bitcoin vs. gold comparisons.
It isn’t enough to say that the gold price today crossed $2,180. You have to understand the kind of week gold had that paved the way to this new record. Gold has now notched about a week of successive gains, breaking one record after another.
Continue reading “Gold Hits NEW All-Time High – And “Experts” Aren’t Sure Why”
Gold pushing new all time highs despite broad hatred in the US, higher dollar, and tighter dollar US monetary policy expectations suggests the surge in demand is from abroad, particularly China.
Gold price is rising even as US ETF assets keep falling: pic.twitter.com/MmJcKVku3V
— Bob Elliott (@BobEUnlimited) March 5, 2024
Gold price rising despite miners being pretty unloved in the US equity markets… pic.twitter.com/1omcQY5d6C
— Bob Elliott (@BobEUnlimited) March 5, 2024
Guest Post by Egon von Greyerz
All Empires die without fail, so do all Fiat currencies. But gold has been shining for 5000 years and as I explain in this article, Gold is likely to outshine virtually all assets in the next 5-10 years.
In early 2002 we made major investments in physical gold for our investors and ourselves. At the time gold was around $300. Our primary objective was wealth preservation. The Nasdaq had already crashed 67% but before the bottom was reached, it lost another 50%. The total loss was 80% with many companies going bankrupt.
In 2006, just over 4 years later, the Great Financial Crisis started. In 2008, the financial system was minutes from imploding. Banks like JP Morgan, Morgan Stanley and many others were bankrupt – BANCA ROTTA – (see my article First Gradually then Suddenly, The Everything Collapse)
Virtually unlimited money printing postponed the collapse and since 2008 US total debt has almost doubled to $100 trillion.
From Peter Reagan for Birch Gold Group
This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: Ronald Stoeferle explains why gold has been an outperforming asset worldwide, how the U.S. will rein in budget deficits with your money and are European silver investors finally getting a break?
Ronald Stoeferle, Managing Partner at Incrementum AG, recently joined Sprott Radio to dive into gold as an asset and its recent performance. Stoeferle digs into the old debate: should gold be treated as a financial asset with emphasis on growth, or as a means of saving money by preserving purchasing power?
Continue reading “What’s Gold Doing? Exactly What It’s Supposed to…”