Expect a 35% Decline in the Dollar
âThe Vice Tightens on the Dollarâ reads the headline warning thereâs only one direction for the U.S. Dollar nowâ down, down, down! Stephen S. Roach is a faculty member at…
Central Banks Worldwide Gold Reserves
Gold Reserves of Largest Gold Holding Countries Worldwide June 2020 (in metric tons) Central banks will typically hold Gold as part of their foreign exchange reserves. The Gold metal is owned by countries because…
56 Gold Forecasts $3,000 to $20,000
We were in the Gold business since 1985, until we recently retired, so we’ve seen lots of Gold forecasts. The wildest I recall was a friend who said we’d see Gold…
Dear Uncle Sam, About That Second Check
Dear Uncle Sam, Thanks for the $1,200 âStimulus Checkâ you sent earlier this year. I didn’t need it, I canât go shopping or eat out so maybe it was too…
Donât Complain About Debt
Let me apologize for complaining about debt. I should love Government debt, you should love debt, anyone who owns Gold should love debt. Lots of government debt means near zero…
You Canât Borrow Your Way Out of Debt
Here are the facts of lifeâ You canât borrow your way out of debt. You canât print paper money to pay your way out of debt. University students you need…
Pay a Bank to Keep Your Money…Really?
By now you’ve probably heard of Negative Interest Rates, but you may not have thought it out. So, we’ll share an opinion or two. Imagine a time when you deposit $1,000…
Growing CoronaVirus Risks to Financial Health
If you have money in a 401K, an IRA, or a retirement plan, you know that volatility and uncertainty are guaranteed to continue as long as the financial crisis persists…
ReplayâDot Com Crash 2000
This chart is downright frighteningâonly once in history have the valuations of U.S. Stocks been so highâthat was just before the Dot Com Crash of 2000. Is history about to…
Vaccine Rollout Takes 6 to 9 Months
Sept 16, 2020â Today CDC Director Dr. Robert Redfield gave a Senate panel both good news and bad news about Covid-19. Redfield said he expects vaccinations to begin in November or…
