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Gold’s Record-Breaking Year in Review

Gold’s Record-Breaking Year in Review

What a year for gold!  The precious metal leapt out of the gate at $1,824 per ounce in January, possibly bolstered by tailwinds from continued inflation pressures, Fed rate hikes and colossal central bank buying in 2022.   As you may recall, inflation reached a...
Will America Face a Debt Crisis in 2024? 

Will America Face a Debt Crisis in 2024? 

$33,900,000,000,000… The US national debt is soaring past $33 trillion — a number so big a stack of $100 bills would reach more than 24,000 miles high.  And according to the Peterson Foundation:  $33 trillion is roughly the economic value of China, Japan, Germany,...
Will Gold’s Record-High Rally Continue?

Will Gold’s Record-High Rally Continue?

  Well, we’ve been talking about when and why it would happen… Gold prices soared to a record high of over $2,100 per ounce on Sunday, Dec 3. This marks a 14% gain for gold prices in 2023 – with a 4% jump in the last week alone. At the time of this writing, spot...
The Central Bank Bullion Binge Continues

The Central Bank Bullion Binge Continues

As 2023 winds down, the world’s “smartest money” is hoovering and hoarding gold at the fastest pace since 1967.  According to the World Gold Council (WGC), global central banks bought another 800 tons of gold in the first 9 months of this year — a 14% increase...
Let’s Give Thanks for Gold

Let’s Give Thanks for Gold

As we enter the final weeks of 2023, the nation’s economic outlook remains uncertain.  America is still grappling with severe financial challenges, including but not limited to:  Surging living costs, a mortgage affordability crisis, a potentially unstable banking...