GoldSilver Blog

Use of gold across energy, healthcare and technology is changing rapidly. Gold’s position as a material of choice is expected to continue and evolve over the coming decades, and the gold mining industry will have to grapple with the challenge of producing similar levels of gold over the next 30 years to match the volume it has historically delivered.

The DX clawed back to 93.70, and gold retreated to $1291.50. The yellow metal was $1292 bid at 4PM with a gain of $2.

"Even by the deeply flawed and misleading CPI, inflation is at the U.S. Federal Reserve’s target. By other measures that more accurately portray inflation, it is well above target."

"According to the Buffett yardstick, stocks are currently priced to deliver an annualized return of -3% over the next decade including dividends."

Is the U.S. government bubble finally reaching the end?

"There were about 60 births per 1,000 women ages 15 to 44, which is the lowest recorded rate since the government started tracking birth rates in 1909."

"Goodfriend recognizes that eliminating cash overnight would be difficult, both logistically and politically. So he has a solution: make paper money worth less. Withdraw $10 from the bank and your $10 bill is now worth $9."

"The latest household debt for Q1 2018 was up 0.5% from Q4, currently at $13.21T, at its peak."

"The Fed is tightening into weakness and will reverse course by pausing rate hikes later this year. When that happens, important trends in stocks, bonds, currencies and gold will be thrown into reverse."

"All the bids can magically disappear just when you need them most."

up 0.5% from the previous quarter

"66% of Americans earn less than $20 an hour, or about $40,000 a year if they are working full time."

“Are we not looking for it? Are we bad at finding it? Or have we found it all? My answer is we found it all."

The 10-year yield ticked down to 3.102% while the dollar sank back to 93.39. Gold bounced, but it was capped at the prior $1291.50 high. The yellow metal was $1291 bid at 4PM with a loss of $0.50.

it's NO coincidence that we have another Fed-driven housing bubble (left chart), which is helping to inflate our household wealth bubble (right chart). Both are going to pop and send our economy into a depression.

"The US will not be even remotely close to being able to make the interest payments on its own debt without borrowing that money, and there is a very good chance that the future could be one of financial crisis."

In this video, GoldSilver founder Mike Maloney expands on his thoughts on Bitcoin and Blockchain technology, previously discussed in more detail in the eighth episode of the Hidden Secrets of Money. Blockchain technology will have a major impact on the way we interact and trade with one another. However, our freedom and privacy are dependent on how this powerful technology is organized and used.

"Releveraging is as wrong now as it was in 2007. Totally wrong."

"Healthcare will bankrupt the nation by itself. Endless wars of choice, unaffordable pensions and rising costs of soaring debt will only speed the arrival of insolvency and systemic collapse."

Market moves are starting to restrict the flow of money through the financial system