Money & Markets
While the election outcome is highly and hotly debated, yet another major portion of the world’s attention remains focused on developments with the COVID-19 pandemic itself...
While present official numbers remain quiescent at below 2%, we strongly believe the seeds of future inflation have now been laid via virtually unlimited currency creation by various central banks around the globe.
One would think that the “science” of economics could lend itself to areas of high agreement between professionals, but that has hardly been the case throughout history—and it is not the case today.
The ultimate resolution of this apparent contradiction between fundamental news and market performance could provide us with important future clues for gold and silver.
Several of the large banks are being investigated for illegal trading by the Department of Justice under the Trump administration, and some have already been indicted.
In all the years I have been writing this column (approaching 35) and in my writings elsewhere, I have to admit that I never foresaw the kind of immense changes that have been wrought during the past two months…
There seem to be two possibilities for the future of this disease and either way there will be an effect on the price of gold.