Wealth Creation Through Natural Resources
Every year, exploration companies plan their summer drill programs, raise capital to fund those programs, and then mobilize to camp in May and June. This predictable seasonality often results in stocks bottoming in March/April and then rising into the summer, … Continued
A long time ago, a man who would later become Federal Reserve Chairman wrote an essay titled “Gold and Economic Freedom“. In it, he expounded on why gold and economic freedom are inseparable, and why deficit spending is a scheme … Continued
Last week, I spoke with Jordan Roy-Byrne of The Daily Gold and laid out my thoughts on what it will take for gold to enter nirvana. Today, the FOMC held the Fed Funds Rate steady at 5.50% and published an updated set … Continued
With gold surging to a new all-time high above $2,200/oz, it was definitely time for an update conversation with 321gold founder Bob Moriarty. Bob begins by asking me about my take on gold’s relentless rally and we proceed to discuss … Continued
Years from now, we may look back at Friday October 6th, 2023 as being a pivotal turning point for both financial markets and the U.S. economy. That morning, the September nonfarm payrolls report was released, showing a stunning increase of 336,000 nonfarm … Continued
This morning, gold has leapt above the vaunted $2,000/oz level for what feels like the 10th time this year: December Gold Futures (30-Minute) What’s most notable to me about the current gold rally that began two weeks ago is that … Continued
Despite the strong likelihood of another Federal Reserve interest rate increase later this month, gold has seen a rebound of nearly $70 per ounce in recent weeks. This has been buoyed by mild inflation data and early indications of softness … Continued
“The mood swings of the securities markets resemble the movement of a pendulum. Although the midpoint of its arc best describes the location of the pendulum “on average,” it actually spends very little of its time there. Instead, it is … Continued
On the evening of May 3rd, gold rallied to $2085.40. However, this has been followed by a subsequent ~$150/oz decline. The reversal from a familiar price level (~$2,080) has led to the emergence of a potential triple-top, which is now … Continued
In this month’s conversation with 321gold founder Bob Moriarty we discuss why the US banking system is a giant casino. Bob believes we need to burn it down and begin again with a system of sound money, including gold and … Continued