This won’t bode well for the inflation numbers.
Month: April 2020
Which Gold Royalties to Buy?
If you’re looking to buy some gold royalty companies, Osisko and Sandstorm are the cheapest.
Peter Schiff Explain the Rising Trade Deficit and Its Consequences
The trade deficit just went up by 7%, while GDP crashed. This is really bad for the USD.
Which silver miners to buy?
COMEX Gold Stock Levels Hit All Time Highs
I can’t stress enough that this is very bullish gold. Gold bars are flying from Australia to New York COMEX to easy epic supply constraints.
Bitcoin about to break out
Let’s see if bitcoin can break out of this resistance.
Guess not:
J.P. Morgan Registered Silver Position Dropped
J.P. Morgan COMEX vault registered silver stock just dropped in half today. This also happened in 2016, when silver shot higher. Who knows what will happen now.
U.S. Bond Yields Will Never Go Higher
The following chart shows that the Fed will buy more treasuries than it will issue. That means bond yields will never go up. The Fed will be able to push bond yields down. This is of course very bullish gold as gold likes low bond yields.
Moreover, the Fed balance sheet will continue to grow this year, possibly to $10 trillion eventually by the end of the year.
COMEX Silver Vs. Silver Price
Whenever the amount of silver stock declines at the COMEX, this means there is a shortage of silver. The silver price will start to rise.
This happened in 2016, where silver hit a bottom.
The same happened in June 2019, when silver stock levels topped out.
Correlation Economics (Backup) 