Posts tagged 'Gold'

My argument, for the past several years has been, governments and banksters will not allow cryptos to “win” and will, in fact, use cryptos to their advantage. We are beginning to see the tide turn in this regard.

The price of Comex Digital Gold continues to be held hostage by the major Bullion Banks which operate on the Comex in New York.

This means millions of people each year freely hand over their cash and opt to use their cell phone, online currency transfers or a plastic debit/credit card to make 100% of their purchases. We see this as nothing short of happily going into the gulag of digital enslavement.

The Great Arbitrage Opportunity approaches. What makes this opportunity even better is that all we need to do to take advantage of it is what we are already doing: playing defense.

The multi-decade secular decline in America’s marginal productivity of debt (how much additional GDP is added for each newly-borrowed dollar) is unsustainable.

Bear markets are tough for geologists.

Eric Sprott discusses the renewed rally in the precious metals sector and where prices are headed into year end.

The Gold Direction Indicator has just turned positive again, at 71%.

Falling company earnings and dividend yield and rising debt will create a problem for shareholders. But for now, investors don’t see much downside, only upside.

Gold has been money for thousands of years. It has no counter-party risk and, based on history, has significant intrinsic value.