Operating at the Intersection of Technology and the Capital Markets
Tag: Gold
If history is any indication, more Dollar devaluation and inflation is around the corner as the U.S. runs perpetual fiscal deficits which are then stop-gapped by new printed money courtesy of the Federal Reserve. The fiscal deficit as of July was $1.613 Trillion, up 122% from $726 Billion a year ago. Gold's gain is the … Continue reading Gold’s Gain Is The Dollar’s Loss
Natural Gas is historically cheap. Demand is not going to zero. Therefore, it makes sense to consider owning some in your portfolio. You run the risk that Natural Gas prices may go sideways for a while. However, there is certainly more upside reward than downside risk. I can't say the same for equities, even for … Continue reading Natural Gas Is Historically Cheap
Investors have historically moved to Gold in times of uncertainty. Gold has moved substantially higher since the market turmoil in the banking sector kicked off last week. Here's why investors should be interested in Gold: perpetual money printing by the Fed, ever larger fiscal deficits and a mounting debt load - the combination of which … Continue reading Gold Safer Than Software
Could World War III be around the corner? It very well could be. Why? Look no further than the U.S. Dollar. Is the U.S. arming Ukraine simply to piss off Putin? No. Is the U.S. arming Ukraine as a result of lobbying efforts by Government contractors such as Lockheed Martin (LMT) and Northrop Grumman (NOC)? … Continue reading World War III?
Short-term Treasuries look attractive. The 1-month T-Bill offers a 4.67% yield. Beats cash and beats holding an equity index fund or ETF. I'm always a fan of owning Quality companies at an attractive price. However, I don't value equities as most investors do - I don't bucket stocks into "Value" "GARP" and "Growth" buckets. I … Continue reading Short-Term Paper, Quality Names and Gold
Despite today's uptick in Consumer Confidence, I suspect the measure will turn on a dime (negative sentiment), early next year as job losses mount, as rates remain elevated, as the market rolls over and as the housing market collapses. I expect forced selling in the housing market whether it be of primary homes, secondary homes … Continue reading Consumer Confidence Will Turn On A Dime
We created a U.S. Dollar index which measures the value of a Dollar based on an ounce of Gold. We set the base year at 1970, just before President Nixon took the U.S. off of the Gold standard in August 1971 (the worst policy decision in American history as it has given politicians the ability … Continue reading Chart of the Day
Sure, the U.S. Dollar may be strong as of late versus other currencies, but when measured versus the price of gold, the USD has experienced significant value destruction over the years as a result of the Federal Reserve's persistent money printing. The USD has lost 98% of its value versus gold since August 1971 when … Continue reading The Strong U.S. Dollar. Or Is It?
With the Money Supply (M1) up 358% since January 2020 (as of February 2021), there is simply zero percent probability that prices are not going higher. A 3-4x increase in M1 ought to inflate prices by a similar multiple. Most of the recent $1.9 Trillion (the actual cost will be higher), COVID spending program was … Continue reading The Ugliest Chart I Have Ever Seen
Gold prices ought to have climbed higher given the amount of money printing that took place in 2020 and that is likely to continue. What happened? Additional debt-funded "stimulus", QE and accompanying asset inflation should have pushed gold prices higher. After all, gold is a safe haven. What gives? (view a chart of the spot … Continue reading Where Is The Gold Rally?
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