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FED MINUTES BOOST GOLD In yesterday’s article Jim Rickards said “Central banks are determined to get more inflation and will flip to easing policies if that’s what it takes.” Since the last US Fed meeting at the beginning of this month, gold has outperformed all major asset classes, including...

GOLD & SILVER IN “THE LUCKY COUNTRY” What a 24 hours! Yesterday we reported gold had its best session in 3 months but last night it had its worst in 4 months?! (down AU$23 and silver down AU$0.56). If that isn’t confusing enough, it happened after we learned Angela Merkel failed to form a...

GOLD, SILVER & BITCOIN JUMP ON FAILING ‘MONEY’ The old and the new forms of real money both surged over the weekend on the back of a host of catalysts. Gold jumped $20.48 (1.21%) and silver 30c (1.32%) Friday night, taking both comfortably over their 200 day moving average. That was the...

YIELD CURVE SENDS A WARNING It was a rough night on Wall Street last night on the back of a raft of ‘everything is awesome’ shattering economic data. Another stronger than expected inflation print (CPI up 1.8%) saw gold and silver stronger and raised concerns of a December rate hike, but then...

WHEN BIG MONEY ENTERS Two of Wall Street’s bigger players announced strategic moves into the monetary assets of gold and bitcoin over the weekend. First, as we reported last month, Michael Novogratz has launched a crypto currency fund, Galaxy Investment Partners, investing largely in bitcoin...

FINANCIAL MATHS 101 Regular readers will have seen our oft repeated reminder that if you see a 50% decline in your wealth you need to make a 100% on what’s left just to get back to where you started. It’s just math but it’s math so often overlooked by investors entering a market when...

$100B BITCOIN ON ITS 9TH BIRTHDAY Bitcoin celebrates two milestones today. On this day 9 years ago its creator, the anonymous Satoshi Nakamoto, launched what he called Bitcoin, a “Peer-to-Peer Electronic Cash System”. Now 9 years later Bitcoin has just surpassed the $100b market...

“EVERYTHING BUBBLE” INCLUDES US PROPERTY Further evidence has emerged that the ‘everything’ in the now entrenched “Everything Bubble” descriptor for our current market goes well beyond traditional financial markets. Whilst Canada and Australia have recently taken the global headlines for our...

SILVER DEFICIT AS PRODUCTION PEAKS Recently we wrote about further evidence that gold production peaked last year and now the same for silver. First Majestic Silver is one of the world’s biggest primary silver producers and their Vice President of Corporate Development, Todd Anthony last week...

WHY THIS CRASH WILL BE FAST & FURIOUS We’ve written a bit about the lack of volatility in the US sharemarket of late. The VIX hit single figures last week, just as it did before the GFC and now another new record…. It has now been 243 days since the US sharemarkets dipped more than 3% in a...

RIPPLE (XRP) JOINS THE CRYPTO OFFER Today we add Ripple (XRP) to the crypto offerings alongside Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). These four (along with Bitcoin Cash which we don’t trade) make up the top 5 of market capitalisation in the cypto currencies. Ripple is one of the...

‘GREENSPAN PUT’ SAFETY NET IS GONE Peter Schiff is renowned for some famous and very public calls on financial events. Most recently he was very vocal about the impending GFC in 2006 and 2007 before that crisis unfolded. Whilst there were a few, like now, that were sounding warnings just...

WHY GOLD SUPPLY WILL FALL Late last year we reported evidence indicating, as with Peak Gold, we have likely seen ‘Peak Silver’ last year. i.e. Gold and silver production are set to decline or at least plateau in the years ahead regardless of demand. Precious metals mining stalwart Pierre...

WHY CHINA’S ICO BAN COULD WORK FOR YOU Casey Research put out a very logical position on why we should be seeing the Chinese ban on ICO’s (Initial Coin Offerings) last month as an opportunity not a threat to crypto currencies. They demonstrate that China has a track record of banning...

CRASH CATALYST – FREEZE TO FLIGHT Yesterday we spoke of the “elephant in the room” with regard to the effect of central banks moving to tighten on global financial markets and there was plenty of news around this overnight. Last night the Fed released the minutes of their last meeting and they...

PRE GFC HIGH 10 YEARS AGO This week has seen two milestones for the world’s largest share index, the S&P500 in the US. This week it hit a new all-time high whilst also marking the 10 year anniversary of its final high before the GFC saw it lose more than half its value. Since the GFC the US...

BLOCKCHAIN THREATENS USD You will note more and more stories of late adding weight to the pressure on the USD as the world’s reserve currency. Many of these revolve around China (most recently here and here) or the IMF’s plans for the SDR (Special Drawing Rights), the latest of which saw their...

RBA V US FED - LOOSEN OR TIGHTEN? Gold and silver saw a nice rally Friday night as the monthly US NFP employment numbers showed the first negative print in 7 years, losing 33,000 jobs. This was offset by a strong BLS Household Survey print of 906,000, and the market reacted in an...

CHINA’S GOLDEN PLAN? On Friday we revealed China’s plan to offer gold backed yuan denominated oil contracts. It’s a must read if you missed it. There are various hypotheses around for what China’s agenda is for all their gold accumulation. (They are not alone by the way, Russia has bought...

WHY BITCOIN BLAST PAST $4400 AGAIN The Bitcoin market has shot back up through US$4400 again just 2 weeks after the double hit of Jamie Dimon’s “fraud” call, and then the news of China closing down exchanges. News over the weekend showed both the power of a peer to peer network and also the...