Inflation

The destruction of money is now accelerating in parallel with the deficit and debt expansion. This is the typical course of events for the end game.

The intervention by the central banks on the markets is scrambling the message. Assets that have become at risk, in this inflationary backdrop, are being given excessive valuations. By contrast, the values that protect against the upcoming inflation are still being evaluated at very low levels. A...

With the CPI annual inflation rate spiking 5% in May, gold could have gained a lot in response. However, it rallied only $20. Should we prepare for more?

Egon von Greyerz and Matthew Piepenburg address the current and ever-evolving inflation narrative as well as its inter-relationship with interest rates. This relationship has a direct impact upon gold pricing in a global backdrop of rising and unsustainable debt levels.

Gold’s future depends on the Fed’s reaction to rising inflation, or whether or not investors will focus on nominal and real interest rates. If the US central bank stays behind the inflation curve, real interest rates will stay in the negative territory, supporting the price of gold.

Alleviating public debt through a dose of inflation is a widely shared and defended idea, it even seems obvious. But what is it really?

The “match” between the two camps (the inflationists versus those who are convinced of the transitory impact of the rise in prices) is leading, as one would logically expect, to this very volatile phase on the gold and silver metals markets.

The governments and central banks have crossed a point of no return, meaning that structural reforms to our monetary system are inevitably going to be required. Judging by the previous cycles, said reforms should become a necessity before the next 20 years are out. There is an urgent need to anti...

The price of gold rose above $1900 at the start of the week and has since stabilized around this level. It is the first time this important threshold has been reached since last January. In terms of the monthly charts, gold is in a confirmed breakout of its consolidation “flag” which will have la...

Holding physical gold is like putting your money on black on a roulette table with only black numbers. You know that you will win every time as history proves with 100% certainty that governments will continue to destroy the currency and thus the economy.