For those following trends in global currencies, one has emerged that has significant long term implications. That is the move toward purely digital currencies. This trend has gained momentum over the last several months. India seems to be leading the way. One of the questions that obviously must be answered is …
Regulations, FinTech, and the Future
As promised, President Trump has taken an ax to the regulatory burden that many feel has hindered economic growth. His actions have been swift and far reaching. It’s too early to tell how much of an impact changes in financial regulations will have because the scope isn’t yet known. However …
The Curse of Cash Part 1
Many gold and silver bullion owners are all for hard currency. They see a need for some form of physical money. Reasons vary. Privacy is among the top concerns. However, as we wrote about last month, there is a move underfoot to move toward a cashless society. That proposal has …
Gold and Silver in a Confusing World
It is not unusual for markets that are either in the process of setting a long term top or bottom to confuse investors. A few weeks ago we indicated that it looks like gold is carving out a long term bottom. As we hit a major transition year politically, geopolitically, …
Interest Rates and Gold: Reversal vs. Range Bound
As interest rates signal a trend change it is important to consider all the possibilities. Certainly one can make a case for rising interest rates due to inflationary pressures. However because of all the cross currents that rising rates and a strong dollar would create, it is possible that it will …
Gold and Silver Turn Higher After Post Election Slump
One of the prominent financial news commentators said two weeks ago, “A wise strategy would have been to buy the election and sell the inauguration.” He was talking of course of the broader markets and not gold and silver. That may turn out to be correct. As reality begins to set …
President Trump and the Strong Dollar Double Edged Sword
Now we will start to see reality begin to become real in our financial and economic systems. Today, a new President takes over. Regardless of your opinion on the matter, he is going to implement policies that if successful will put sustained upward pressure on the U.S. dollar. A strong …
Bitcoin Got a Lot Right – But Not Everything
Since it’s inception in 2010, Bitcoin has been the subject of a great deal of spilled digital ink. The idea of a currency outside of the control of governments has been the dream of libertarians and an interesting idea for many fiscal conservatives. However, as much as Bitcoin brought to …
The Interest Rate “Line in the Sand” – Bill Gross Sounds Off
Analysts have been calling for the end of the three decade old bull market in bonds for several years now. To be sure, if transitional market forces (read non-government intervention) were allowed to exert force on the bond market, rates would be much higher than they are today. So why …
Gold Continues to Carve Out A Long Term Bottom
The price action of gold over the last few weeks is consistent with a notice we put out in April of last year to our clients. In that notice we informed them that the price of gold’s late 2015 drop to $1,050 and subsequent recovery and breakout of a 4+ year …