The Austin Report

News & Opinions About Gold & Silver

October 04, 2023
Expect Gas Prices to Double

Expect Gas Prices to Double

UPDATE:  Average price for a gallon of gas has risen 14% since election until today 1-22-21. When we left Texas for our mountain retreat on Jan 7th, we paid $1.63 for a gallon of gas in Austin, Texas. Gas has been…
Inflation in Commodities

Inflation in Commodities

The Stock Market, Gold, and Silver dominated the financial successes in the Covid-10 Pandemic year of 2020. Very overlooked are the rapidly rising commodity prices, a strong sign of the coming waves of inflation. Is this a new supercycle for…
Can Dems Outspend Trump on Covid?

Can Dems Outspend Trump on Covid?

Not a single Presidential candidate mentioned the $27.7 Trillion Dollar national debt. Trump didn’t discuss debt. It’s likely Biden won’t discuss the national debt either. Talking about debt is verboten! In the recent election, I heard Senate and House candidates…
Corporate Bankruptcies 2nd Only to Great Recession

Corporate Bankruptcies 2nd Only to Great Recession

It’s inevitable that the Coronavirus would drive up bankruptcies with stores closed, workers locked down in their homes, and 400,00 Americans dead. This Statista.Com chart shows the depth of the Coronavirus Pandemic financial impact as 244 corporations with liabilities larger…
Breaking Metals Market Update!

Breaking Metals Market Update!

Along with keeping you in the loop on the most interesting coins we handle, we will also keep you posted on key insider events happening within the gold and silver bullion markets.  In recent weeks gold bullion coins like American Eagles…
You Can’t Borrow Your Way Out of Debt

You Can’t Borrow Your Way Out of Debt

America is going through a period of unlimited explosion of our national debt. During Trump’s four years in office, the national debt has increased by $7.8 Trillion Dollars. That computes to you and I and every other person in America…

Boom, Bust, Inflate… Inflation Ouch!

Lying dormant behind Washington’s best efforts to suppress the real inflation numbers, suddenly day to day inflation is breaking out in the headlines about food inflation. Global Food Prices at Six-Year High Are Set to Keep On Climbing… Food Inflation…

Record Year for Gold— Up 24%

From the World Gold Council— By any measure, gold-backed ETFs and similar products (gold ETFs) had a remarkable year in 2020. Globally, gold ETFs had record annual net inflows of US$47.9bn, or 877 tonnes(t), collectively increasing their gold holdings by over…

On the Bright Side of 2021

While millions remain locked down in basements and cubby-hole home offices, there is still a bright side that many Americans may have overlooked during the Coronavirus Pandemic. 1. We don’t live in Iraq or China where Christianity is illegal and…