Central banks

Real interest rates are negative in the U.S. across all maturities, which is in favor of gold. While debt is exploding and depreciating, the ratio of debt to GDP is also rising. There will be no return to normalcy. Collapse is inevitable when the paper money created loses its effect. And it will dra...

There are several important factors affecting gold prices. Many analysts focus mainly on the US dollar and real interest rates. However, what is sometimes even more important is economic confidence. Of course, the level of economic confidence is partially reflected in the strength of the greenback a...

Marc Friedrich interviews silver expert Keith Neumeyer, who has founded several silver companies and has been in the mining industry for decades. Now he foresees the biggest bull market in precious metals history and expects a three-digit silver price within the next few years.

What was it that caused the sheer scale of this fall? Did the Fed raise interest rates brusquely and sharply, leading to a reaction like this on gold? The conclusions of the Fed’s meeting last week are far from dramatic, though. Nonetheless, they had the effect of an electric shock.

We will have either more lasting high inflation (but the Fed is slow to admit it), or the Fed doesn’t really want to increase its interest rates substantially. In both cases, gold should benefit, either from higher inflation and lower real interest rates, or from more dovish Fed than it’s currently...

The destruction of money is now accelerating in parallel with the deficit and debt expansion. This is the typical course of events for the end game.

The intervention by the central banks on the markets is scrambling the message. Assets that have become at risk, in this inflationary backdrop, are being given excessive valuations. By contrast, the values that protect against the upcoming inflation are still being evaluated at very low levels. At a...

With the CPI annual inflation rate spiking 5% in May, gold could have gained a lot in response. However, it rallied only $20. Should we prepare for more?

Egon von Greyerz and Matthew Piepenburg address the current and ever-evolving inflation narrative as well as its inter-relationship with interest rates. This relationship has a direct impact upon gold pricing in a global backdrop of rising and unsustainable debt levels.

French President Macron told a news conference he would like the sale of gold reserves to help finance this planned aid for Africa.