In 2008 I wrote an article called, The Fed Is Still Relevant, For now! Much has happened since I first wrote that article and Lyn Alden made an interesting comment on X today that made me revisit what I wrote 18 years ago and post the question again as to the Fed’s relevance. I did a deep dive with …
Read MoreSilver Has Bottomed and Heading to Over $180 by 2028 So Why Are You Sitting On Your Hands?
Sometimes when you try and catch the bottom of an asset you hold off on purchasing it because you think you can get just a little better price. And the next thing you know the price takes off and you either are the deer stuck in the headlights or you pay a higher price just as price begins to dip …
Read MoreInflate or Die
We’ve had a long consolidation in metals now with gold and silver running up against resistance and the dollar hovering in the mid 90’s range. So what’s next? When you get a prolonged consolidation as we have had the last month, and me not really finding anything worth writing about, but their will be a break one way or …
Read MoreWill the Stock Market Continue to Fall and Drag Gold and Silver Down With It?
I’ve written several times since August of 2024 to be cautious with stocks, so where are we now and where are we going next with stocks and precious metals? Remember, I try to time my articles at turning points or areas of opportunity when I see them. Below are some of my past warnings on the stock market. 8/8/24 Weighing …
Read MoreWill the Government Confiscate Your Gold?
The question that keeps popping up is will the government come after my gold? The short answer is yes, the government can take your gold as long as they give you “just compensation.” I’ll go into detail on the history of gold confiscation first but make sure you don’t miss the section below that dives into what the government could …
Read MoreV Shape Recovery Up Next from Predicted Fall In Silver
We got a pullback in silver that I thought might be coming in my last post. I wrote Aug 20, 2024 the following: If we do get a pullback in the price of gold and silver, it will be short lived. The Federal Reserve can’t win the battle on inflation unless they raise interest rates so look for an initial …
Read MoreWill a Stock Market Crash Drag Silver and Gold Down?
When you bring up the potential of a market crash occurring, the September to October timeframe is typically when they occur. We have seen crashes in September of 1791 when the First bank of the United States failed. The Panic of 1907 occurred in October. The Wall Street Crash of 1929 was in October. Black Monday was in October of …
Read MoreWeighing a Silver Investment Versus Stocks
We are starting to see some real volatility enter the market and the chances of a Fed rate cut of .50 basis points at their next meeting in September rise to 55.5%. On Monday with that mini market crash that odds were at 85.5% of a .50 rate cut. Since that Monday, what has happened? The answer might be a …
Read MoreOn July 17, 2024 I wrote an article with the title Is Silver About to Break Out – The Dollar Index Points to YES. The dollar was at a 3 month low of 103.80 and today we crashed through support after the NonFarm Payroll and Unemployment Data came out worse than expected. Last reports data was also revised lower. U6 …
Read MoreIs America Headed for Bankruptcy?
Elon Musk posted on X today in reply to a Heritage Foundation economist, saying that “America is headed for bankruptcy fyi.” The economist asked the question “How did we get here?” To which he answered the following: Two men: FDR and Richard Nixon. Together, they broke the dollar. And put the American people into debt slavery. I tweeted back to …
Read More