One area receiving huge attention is the promised ascension of free market concepts associated with Trump versus the government-dominated Keynesian ideas previously advocated by both President Obama and Hillary Clinton.
On a personal note, very little has bothered me quite as much as the fact that some on the political left are crying “foul” about the fact that Secretary Clinton may have (the outcome is still slightly uncertain at press time) gained more popular votes than the President-elect and therefore the election result is “wrong.”
On a similar vein, while the number of new non-farm jobs created rose by a modest 156,000 in September, it must be pointed out that Goods Production Payrolls rose by only 10,000 jobs while much lower paying service jobs accounted for the other 146,000.
How can a miner or prospector take advantage of these speedy financing options while avoiding the risks associated with borrowing from so-called “shadow banks?”
The great question is what will occur looking forward. Those in the “hard money” camp believe we are nearing the end of the road, when monetary stimulation without price inflation cannot continue...
The most impressive fact about gold’s performance during 2016 is the yellow metal’s ability to withstand news shocks, hold on to previous gains and gradually move to new, higher levels.
It is hard to imagine any month during the thirty years I have been writing this column which had more bombshell headlines than the past thirty days.
Making it even semi-permanent allows any business that spends heavily on equipment, machinery and other business property to reap large, up-front tax breaks.
The “battle lines” are being clearly drawn. By the time you receive this issue both party conventions will take place within just a few weeks and there will be only four months until the final vote.
Another area of growing international concern for business and industry is the recent astonishing proliferation of new government regulations and laws. Despite the presumably good intentions behind these measures it is now becoming apparent that they are imposing true costs to our economic society. The sheer variety of these laws and regulations is mind-boggling.
In terms of gold and silver, if this mountain of unbacked debt, now reaching several trillions of dollars, Euros, Yen or other currencies begins to truly collapse into an inflationary spiral, we will witness the onset of the mother of all precious metals bull markets.