gold

The news flow is eliciting five themes for me right now. And I will dive into them briefly below. They are gold, the US dollar and rates, Europe, Covid-19 in the US and US fiscal stimulus. I am not going to take a hard view here. I simply…

With the fed having raised interest rates for the second time in ten years, in an environment in which US growth looks pretty good, we should expect more hikes to come. The question is whether the economy can withstand the hikes and what…

Now that the Greek crisis has died down, we can return to surveying the global economy for clues as to whether global growth will continue unabated. My sense right now is that the major theme to watch remains policy divergence, with the US…

Last Thursday, we ran a unique half-hour segment on gold, gold investing and the gold standard over at Boom Bust. The panel was made up of four investors: Marshall Auerback, Rick Rule, Cullen Roche and Peter Schiff. I moderated the panel…

Today is the time to update you on how my 2014 surprises are faring and why. Just to remind you, the surprise list is based on Byron Wien’s list of ten surprises which he has been conducting for the last thirty years. Surprises are events…

Below is the video of Richard Nixon closing the gold window exactly 43 years ago today. Hat tip to Raja Korman

It is about time I updated you on how the ten surprises for 2014 are faring. I actually have 14 but I only get credit on the first ten. The second ten are a bonus round. I am defining my surprises as events to which investors assign 1-in-3…

US data have been better European periphery market access continues to improve Dollar weakness may be China-related Gold continues to get safe haven bid China’s slowing more likely to be abrupt Ukraine has become a military issue;…

Brazil goes into a recession. Spanish GDP growth rebounds and outstrips German GDP growth. Gold rebounds to beyond $1600 an ounce. US GDP growth in Q2 and Q3 is below 2%. 10-year US Treasury yields fall below 2.25%. Abenomics ‘fails’…

While the emerging markets are getting a bit of a reprieve today, it bears noting that the move to so-called safe haven assets and currencies has begun. This suggests to me that George Magnus’ warning about this emerging markets crisis must…