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3.6.26 - Gold Deal With Venezuela
Gold last traded at $5,138 an ounce. Silver at $84.07 an ounce.
EDITOR'S NOTE: It's encouraging to see the U.S. finally stepping into the gold market with purchases similar to what the rest of the world has been doing for quite some time. If other countries continue to dump dollars and Treasuries, gold could prove to be one of the best fallback options we have. This most recent purchase from Venezuela marks the third such move by the Trump administration since January 3.
Trump Team Brokers Gold Deal With Venezuela: Up To 1,000 Kg Headed To U.S. Markets -ZeroHedge
by Tyler Durden
As things continue to pop off in the Middle East, the United States is still focused on Venezuela - and has brokered a multimillion-dollar gold deal.
The agreement, first reported by Axios, involves the sale of between 650 and 1,000 kilograms of gold doré bars - which are semi-refined with approximately 98% gold content - from Venezuela's state-owned mining company, Minerven, to the global commodities trader Trafigura. The gold is destined for refineries in the United States, marking a shift in Venezuela's resource exports toward American markets.
The deal, valued at roughly $163,000 per kilogram based on current gold prices amid global economic uncertainty, marks the third extraction contract overseen by the Trump administration since U.S. forces captured Maduro on January 3. It's part of a broader effort to stabilize and reconstruct Venezuela's economy under U.S. influence, with the White House asserting de facto control over the country's vast oil reserves - the world's largest known.
According to the report, U.S. Interior Secretary Doug Burgum played a pivotal role in shepherding the contract - traveling to Venezuela to discuss opportunities in oil and minerals, while leveraging his position to bridge the gap between Minerven and Trafigura. Under a separate arrangement with the U.S. government, Trafigura will handle the delivery of the gold to American refineries, ensuring compliance and oversight. READ MORE
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3.5.26 - India Snubs BRICS Member Iran
Gold last traded at $5,093 an ounce. Silver at $81.56 an ounce.
EDITOR'S NOTE: India appears to be leaning toward the United States and Israel in the current conflict, effectively placing it at odds with its BRICS partner Iran. While New Delhi has not formally declared its position, diplomatic signals suggest that may be where it stands. At the same time, other BRICS nations seem more inclined to support fellow member Iran, highlighting the limits of the unity often attributed to the BRICS alliance.
India Snubs BRICS Member Iran, Supports Israel and the US -Watcher.Guru
by Vinod Dsouza
The Israel-Iran-US conflict has put the spotlight on India as it chairs the 2026 summit in New Delhi. The heightened tensions have wreaked havoc in the global markets as stocks plunged for two consecutive days. Asian markets were the worst hit, with Hong Kong's Hang Seng, Japan's Nikkei, India's Sensex, and South Korea's KOSPI plummeting to yearly lows.
While the founding members of BRICS have sided with Iran, India has yet to provide an official statement. Here's what Brazil said about the ongoing conflict. "The attacks occurred amid a negotiation process between the parties, which is the only viable path to peace, a position traditionally defended by Brazil in the region," the Brazilian government said in a statement.
BRICS member Russia also came out in support of Iran as the turmoil escalated. "The US and Israel have embarked on a perilous course, carried out airstrikes on the territory of Iran. It's a deliberate, premeditated, and unprovoked act of armed aggression against a sovereign and independent UN member state." READ MORE
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3.4.26 - Economic Fantasy vs Reality
Gold last traded at $5,141 an ounce. Silver at $83.55 an ounce.
EDITOR'S NOTE: There is a growing disconnect between the performance of our equity markets and the underlying reality of the broader economy. Market analysts highlight selective positive data points to paint a picture of strength, while the bigger story tells something far less reassuring. Job growth remains anemic, households are strained, and many Americans are struggling to keep pace—even amid an extended bull market.
Globally, the pressure is building as well. The war in Iran has intensified supply chain disruptions, pushing already fragile economies closer to their own breaking points.
Private companies added 63,000 jobs in February, January revised to just 11,000 additions, ADP says -CNBC
by Jeff Cox
Private sector hiring was a bit better than expected in February, though most of the job creation came from just two sectors, ADP reported Wednesday.
Companies added a seasonally adjusted 63,000 workers during the month, an improvement from the downwardly revised 11,000 in January and better than the Dow Jones consensus estimate for 48,000, according to the payrolls processing firm’s latest update.
Though the total beat expectations, the issue of breadth continued to be a problem for the labor market. READ MORE
Trump says ‘401(k)s are way up’ — but workers are tapping them at record rates -CNBC
by Jessica Dickler
In his State of the Union address, President Donald Trump said “your 401(k)s are way up” — and they are, but hardship withdrawals are also up, new data shows.
“Since I took office, the typical 401(k) balance is up by at least $30,000,” Trump said in the annual speech before Congress last month.
The average 401(k) balance rose by $14,700 to $146,400 over the course of 2025, ending the year up 11% from a year earlier, according to new data released Wednesday from Fidelity Investments, the nation’s largest provider of 401(k) savings plans.
The average individual retirement account balance also gained $9,561 to $137,095 in 2025, Fidelity found — a 7% increase year over year. READ MORE
Global Stocks Fall: Here’s Why Kospi, Nikkei, UAE Markets Are Down -Wathcer.Guru
by Juhi Mirza
The global stock market is currently flashing bold red at the moment as Iran-US war hostilities continue to impact the global economic order. With Iran announcing the closure of the Strait of Hormuz, the oil markets are on the verge of breaking, with countries busy scurrying for alternatives, imagining the worst-case scenarios in such a case. In the middle of this, Asian markets have been hit the most, with Nikkei, Kospi, Taiwan, and Hong Kong posting severe losses. Moreover, UAE markets have also experienced grave losses due to this war. What are the core elements triggering this global stock plunge mayhem? Let’s explore some of them.
The stock markets around the world have been gravely impacted due to the rising Iran-US war narratives. This situation has led stock markets to bleed profusely, with Kospi and Nikkei posting extensive gains this morning. South Korea’s Kospi is now down a significant 12.3%, while Nikkei plunged 4.7%. Moreover, Hong Kong and Taiwan have also encouraged serious losses, falling by 3.1% to 3.7%, respectively.
In a latest post by Mario Nawfal, the expert shared a simple analysis, which has triggered this global stock crisis. Nawfal shared how the closure of Hormuz has resulted in spiking the oil prices, which is an essential element to power tech economies like South Korea, Taiwan, and Hong Kong. READ MORE
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3.3.26 - Market Volatility: Interest Rates, Debt and the Dollar
Gold last traded at $5,120 an ounce. Silver at $83.52 an ounce.
EDITOR'S NOTE: The war with Iran has injected significant volatility into global markets, sending commodities, Treasuries, equities, and the U.S. dollar into sharp swings. While rising interest rates and a stronger dollar may appear to reflect resilience, they also intensify the strain on the world's largest debtor nation as borrowing costs climb. In this environment, positioning portfolios for stability and protection is no longer optional...it's essential.
10-Year US Treasury Yield Flipflops, Spikes by 14 Basis Points to 4.07%, after Plunging to 3.93%, amid Massive Volatility -Wolf Street
By Wolf Richter
The 10-year US Treasury yield spiked by 14 basis points to 4.066% at the moment, from 3.925% in overnight trading amid massive volatility.
It thereby backtracked on more than the entire plunge from 4.05% early Thursday, to 3.95% at the close on Friday, despite a hot PPI reading Friday morning, to below 3.93% in overnight trading on Sunday, amid massive but short-lived demand, after the US and Israel had started bombing Iran over the weekend (hourly chart via Investing.com).
Market memes flipflopped vigorously from searching for a haven, as stocks were getting rattled, and damn the inflation torpedoes that the hot services PPI on Friday warned about, and searching for more haven after the Iran bombing had started, to suddenly worrying about these damned inflation torpedoes all over again that could be made worse by the consequences of the Iran war on energy prices?
Rising yields means falling bond prices; falling yields means rising bond prices. That may not be a big deal for regular bond holders, especially those intending to hold to maturity, when they get paid face value.
But much of the Treasury market is tangled up in highly leveraged complex trades, and those sudden moves make substantial ripples. READ MORE
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3.2.26 - Gold jumps on safe-haven demand
Gold last traded at $5,336 an ounce. Silver at $89.52 an ounce.
EDITOR'S NOTE: Gold has already enjoyed a record year of appreciation, and the reasons for its rise continue to stack up. Most recently, escalating tensions between the U.S., Israel, and Iran have added fresh fuel to the rally. The catalyst may change, but the core reason remains the same: investors are moving toward gold as a trusted safe haven to protect their portfolios.
Gold jumps as U.S.-Israel strikes on Iran spark safe-haven demand -CNBC
Safe‑haven gold steadied on Monday as profit‑taking set in after prices earlier jumped more than 2% in response to concerns of a prolonged conflict in the Middle East following U.S. and Israeli strikes against Iran.
Spot gold was little changed at $5,284.14 an ounce. It earlier hit a session high of $5,418.50. Prices touched a record of $5,594.82 on January 29.
U.S. gold futures rose 1% to $5,299.50.
The U.S. dollar index rose over 1%, making bullion priced in dollars more expensive for other currency holders.
"Right now, the market is attempting to figure out whether these attacks are going to be followed up over the next several weeks," said David Meger, director of metals trading at High Ridge Futures. "I think it's that uncertainty that is more than likely to support prices." READ MORE
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2.27.26 - $144,600,000,000 in US Treasuries Dumped in One Year
Gold last traded at $5,235 an ounce. Silver at $93.49 an ounce.
EDITOR'S NOTE: The Treasury dump continues as BRICS nations accelerate their selloff of U.S. debt. The reward no longer justifies the risk. The real question is: how much longer can foreign governments unload billions in Treasuries before the pressure cracks the system?
BRICS Nations Brazil, China and India Dump $144,600,000,000 in US Treasuries in One Year -The Daily Hodl
Three members of the Brazil, Russia, India, China and South Africa (BRICS) economic bloc are dumping tens of billions of dollars in US treasuries.
According to U.S. Treasury International Capital (TIC) System data, China offloaded $75.5 billion in US treasuries between December of 2024 and December of 2025, a reduction of approximately 10%.
India's US treasury holdings, on the other hand, fell by $36.2 billion in the 12 months, an 18% year-over-year decrease.
Meanwhile, Brazil cut its US treasury holdings by $32.9 billion, a reduction of roughly 16%.
The updated data comes as ING, the 35th largest bank in the world by total assets, warns of the erosion of the US dollar’s status as a global safe haven.
ING says that in 2025, the US dollar "lost a big chunk of its safe haven value" relative to 2024. According to ING, the US dollar will continue to decline in 2026, especially relative to the euro. READ MORE
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2.26.26 - Will the stock market bubble burst in 2027?
Gold last traded at $5,186 an ounce. Silver at $87.77 an ounce.
EDITOR'S NOTE: Capital Economics is warning that today's market looks like a late-stage bubble and could break around 2027, ending this long bull run. That kind of unwind doesn't just hit stocks; it squeezes liquidity, crushes overvalued sectors, and tightens financial conditions fast. If this prediction is accurate, the window to reposition before the broader economy slows is closing.
The stock market bubble will burst in 2027, and the current rotation is a 'warning of trouble ahead,' Capital Economics says -Yahoo! Finance
by Nick Lichtenberg
Something unusual is happening.
Capital Economics is warning that the powerful shift underway in U.S. equities could signal that a long‑running stock market bubble will burst in 2027, ushering in years of upheaval in leadership across major indexes.
In a Feb. 20 note, John Higgins, chief markets economist at Capital Economics, argues that the recent outperformance of small-cap, value, and defensive stocks relative to large-cap, growth, and cyclical names echoes patterns seen in the late stages of the dotcom boom. "If the aftermath of the dotcom era is any guide," Higgins wrote, "the bursting of the next bubble in the stock market - which we forecast will occur in 2027 - might be followed by periods in which small-cap and value stocks outperformed their peers for a very long time."
Seen in this light, Higgins continued, the latest rotation in stocks away from tech and toward more value-conscious sectors such as energy "could be a warning of trouble ahead" and a harbinger of more dramatic shifts to come. READ MORE
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2.25.26 - State of the Union
Gold last traded at $5,165 an ounce. Silver at $89.23 an ounce.
EDITOR'S NOTE: As many tuned in last night to watch President Donald Trump deliver the State of the Union, we saw one of this country's core problems on full display: rigid party lines that prevent real cooperation.
It's nothing new, but it's deeply counterproductive at a time when serious financial challenges demand unified action.
Economic realities don't care about political affiliation; they impact every American. These three articles highlight exactly what’s unfolding now, and the direction we’re heading.
Latest Update On US Assets, US Dollar, Gold & Silver: What’s Shifting? -Watcher.Guru
by Juhi Mirza
The US markets are currently experiencing a new wave of volatility, with the US assets, the US dollar, gold, and silver shifting their momentum to match the current market pace. Gold and silver are preparing for a new rally, as the Supreme Court reverses Trump’s tariff decisions, sparking a new row of geopolitical uncertainties. What is the latest update on the US assets, USD gold, and silver? Which of the assets are rallying, and which are the ones having a hard time ahead? Let’s explore.
Per the latest post shared by the Kobeissi Letter on X, the foreign ownership in the US assets has now been peaking at a new high. Global holdings of US financial assets have now surged by 13.6% YoY in Q3 2025 to a record $64.1 trillion. These holdings have now doubled since 2018, signifying the population quotient of the US assets abroad.
“Foreign ownership of US assets has never been higher. Global holdings of US financial assets jumped 13.6% YoY in Q3 2025, to a record $64.1 trillion. Holdings have DOUBLED since 2018 and have grown at a +9.3% compounded annual growth rate (CAGR) since 2015. At the same time, the US net international investment position fell 11.2% YoY, to a record -$27.6 trillion in Q3 2025. READ MORE
US Treasury Debt-to-GDP Ratio Rises to 122% in Q4, Highest since Covid Spike -Wolf Street
by Wolf Richter
The US government-debt monster needs to be looked at in context, not by itself in a vacuum, though I’ll post the debt-in-a-vacuum chart at the bottom of the article for your amusement.
At the end of Q4, the US national debt reached $38.51 trillion, having soared by yet another $2.30 trillion over the 12 months in the calendar year 2025, or by 6.3%.
This includes the first half of the year, when the debt ceiling blocked the government from adding to its mountain of Treasury securities, and the level of debt got stuck for six months.
And then in July, after the debt ceiling was resolved, the debt began to explode. All of that $2.3 trillion were added in the second half amid a tsunami of debt issuance. Debt was flying by so fast it was hard to see.READ MORE
BRICS Push For Trade in National Currencies: Brazil President -Watcher.Guru
by Vinod Dsouza
Brazil’s President Luiz Lula da Silva made a speech on Monday pushing BRICS to trade in national currencies. “The US won’t like it at first; it’s obvious they can’t like it,” he said while pushing de-dollarization to the forefront. His speech comes at a time when BRICS members bagged trade deals with the US to avoid tariffs. He stressed that Brazil must settle payments in national currencies with India and China.
The President stressed that BRICS members must trade in national currencies with each other and bypass the US dollar. “What we really want is to discuss the following for Brazil to trade with India. Is it necessary to use the dollar, or can we use our own currencies? For Brazil to trade with China, is it necessary to use the dollar? Or can the trade be conducted in Chinese and Brazilian currencies?” he said.
The Brazilian leader explained that finance ministers and Central Bank officials need to come up with a solution for BRICS to begin trading in national currencies. “This is something that our finance ministers and the President of the Central Bank need to discuss to find solutions. It’s not necessary (to use the US dollar), and I think we can prove that it’s not necessary.” READ MORE
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2.24.26 - 9 Smart Reasons To Invest In Gold
Gold last traded at $5,159 an ounce. Silver at $87.32 an ounce.
EDITOR'S NOTE: Still waiting for the right opportunity to invest in gold? Here are nine powerful reasons why now is the time to move. Contact us today and add real, tangible strength to your portfolio before the next wave hits.
9 Smart Reasons To Invest In Gold In 2026 -Investing Haven
Central banks are buying heavily, investors are holding more, and supply growth stays limited. Gold’s role in portfolios looks stronger and more structural than in past cycles.
Global gold demand hit an all-time high in 2025, rising to more than 5,000 tonnes for the first time. At the same time, investment flows went up 84% year-over-year and exchange-traded funds added a record 801 tonnes of holdings.
Central banks also contributed significant purchases, keeping official demand well above the decade’s average.
With investment demand now larger than jewelry consumption and gold’s overall market value climbing roughly 45% in 2025, you might be wondering whether it makes sense to buy gold in 2026 as part of a long-term strategy.
This article provides 9 reasons to invest in gold in 2026. READ MORE
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2.23.26 - Tariff jitters are pushing gold
Gold last traded at $5,228 an ounce. Silver at $88.13 an ounce.
EDITOR'S NOTE: The tariff wars are escalating. Donald Trump is no longer just battling foreign governments; now the Supreme Court of the United States has stepped into the fight. The mounting chaos is igniting a fresh rush into gold, as investors scramble for protection before the next shock hits.
Tariff jitters are pushing gold over $5,100 and powering silver higher -Morningstar
by Barbara Kollmeyer
Gold and silver prices were rising to start the week as investors sought some haven assets in the wake of the U.S. Supreme Court overturning most of President Donald Trump's tariffs.
Gold futures rose $90, or 1.7%, to $5,171 an ounce, following its third-straight weekly gain last week, gaining 0.7% to $5,059 an ounce. Gold remains some distance from its 52-week high of $5318.40 reached on Jan. 29.
Silver futures gained $4.27, or 5%, to $86.61 an ounce, after its second-straight week of gains. The precious metal closed up around 5.7% last week to $82.28 an ounce.
After the Supreme Court rejected Trump's emergency tariffs last Friday, he responded by immediately announcing 10% global tariffs for up to 120 days, and raised that to 15% on Saturday. U.S. stock futures were under pressure on Monday, along with the dollar DXY, which tends to move inversely to gold.
"Trump's swift policy pivot has reignited fears of retaliatory measures, supply-chain disruption and weaker global demand, conditions that traditionally favour non-yielding safe-haven assets like gold," David Morrison, senior market analyst at Trade Nation, told clients in a note. READ MORE
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2.20.26 - Is the Dollar Losing Its Dominance?
Gold last traded at $5,104 an ounce. Silver at $84.62 an ounce.
EDITOR'S NOTE: If these fund managers are right, they are issuing a major warning for the U.S. economy and the long-term strength of dollar-based assets. As confidence in the dollar erodes, capital historically flows into hard assets, and that's further rocket fuel for gold.
Is the Dollar Losing Its Dominance? Fund Managers Say Yes -Watcher.Guru
by Juhi Mirza
The US dollar is encountering one of its most vulnerable positions as of late, the one that is weighing hard on the American currency. Major fund managers are now sharing a similar stance on the dollar, adding how the USD is now losing its credibility, with major fund managers reducing their exposure to the dollar by -35 points.
Per the latest report by the Kobeissi Letter, the US dollar is now at an incredibly low point, with global fund managers busy reducing their net exposure to the USD. This development has led the global fund managers to reduce their USD exposure by -35 points, which is deemed as the lowest in 14 years.
To get a clear perspective, this number was up +30 at the start of 2025, one of the highest readings in the USD data set. Moreover, the fund managers have predicted another path for the dollar, anticipating a heavy decline in USD central bank reserves. READ MORE
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2.19.26 - THIS Will Turbocharge the Metals Bull Market
Gold last traded at $4,997 an ounce. Silver at $78.53 an ounce.
EDITOR'S NOTE: Is a weakening U.S. dollar about to turbocharge the metals bull market; sending hard assets higher, faster? Because metals are priced in dollars, every down tick in the currency acts like fuel on the fire, amplifying gains already underway. In short, if the dollar keeps sliding, this isn't just a steady climb for metals; it could become a powerful surge.
THIS Will Turbocharge the Metals Bull Market -Daily Reckoning
by Matt Badiali
Something unusual is happening.
Prices in Canada are soaring...for Americans. I’m preparing for a trip to Toronto for the giant Prospectors and Developers of Canada (PDAC) conference. As I looked at flights and hotels, I noticed a significant increase in costs from year's past.
Here's why: the U.S. dollar is falling compared to Canadian currency.
This chart shows the exchange rate between the U.S. and Canadian dollars. We just hit the lowest rate since 2022. That’s because the dollar plunged 9% over the past year or so. Today, the exchange rate is about C$1.30 to $1. A year ago, it was about C$1.50 to $1.
That's a big jump.
Even if the prices in Toronto remain the same, it will cost me about 10% extra in exchange rate. That's a huge price hike in just a year. VIEW CHARTS AND READ MORE
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2.18.26 - A Cashless World
Gold last traded at $5,020 an ounce. Silver at $78.32 an ounce.
EDITOR'S NOTE: Are we already living in a cashless society, and what will it mean for the future of money? While digital payments offer speed and convenience, critics warn of serious tradeoffs: reduced privacy, diminished personal financial control, and increased costs from transaction fees, among others.
This shift is just one example of the sweeping financial changes reshaping the global economy, including the continued expansion of the BRICS alliance and its growing challenge to the U.S. dollar's dominance.
Taken together, these trends raise a larger question: are we witnessing a gradual transformation of America's role in the global marketplace; and if so, how significant will that shift ultimately be?
When Cash Disappears, So Does Something Else -ZeroHedge
Authored by Mollie Engelhart via The Epoch Times
Last Sunday, I held a book signing at Pearl in San Antonio, the kind of place magazines love to feature. Old brick buildings have been transformed into beautiful restaurants, boutiques, apartments, and bookstores. It feels curated yet charming, historic yet modern, a vision of how we're told that cities should look and feel.
My signing happened during the farmers market, so there was music in the air, families strolling, dogs on leashes, linen dresses, and heirloom tomatoes. It was lovely. Before I sat down, I stopped into the trendy grocery store nearby. Everything inside looked like how food should look: thoughtfully sourced, artfully displayed, and priced closer to what real food actually costs when someone grows it with care. I ordered a coffee and a pastry and pulled a $20 bill from my wallet.
"We don’t take cash," the cashier said politely.
I nodded. I've worked in restaurants, and I understand the argument. With employees, cash can be seen as a liability, with risks of theft, accounting errors, and end-of-day discrepancies. Cards feel cleaner, easier, and more trackable. Still, something in me tightened. Every time we stop accepting cash, we normalize a world where every transaction is recorded, categorized, stored, and potentially scrutinized. Every purchase becomes a data point. Every cup of coffee leaves a digital trail. READ MORE
BRICS Launches Brazil-Based Payment System, Challenging Dollar Power -Watcher.Guru
by Loredana Harsana
The BRICS payment system is entering a decisive operational phase right now, in 2026, connecting central banks from China, India, Egypt, and the UAE through a Brazil-backed payment network designed to settle trade without relying on the US dollar. Engineered around Brazil’s Pix instant transfer technology, the platform has catalyzed various major cross-border settlement capabilities - processing up to 20,000 messages per second and accelerating what was, just a year ago, still largely a pilot project.
The BRICS payment system runs through the Decentralized Cross-Border Messaging System - DCMS - which, unlike SWIFT, has no single controlling authority and also keeps each country in control of its own network nodes. Architected around blockchain technology, the infrastructure has implemented several key safeguards that ensure records cannot be tampered with, while integrating local currency settlement across multiple essential trade corridors.
The Central Bank of Brazil prepared the foundational report on BRICS cross-border payments, and right now Brazil also holds the rotating bloc presidency - which is not a small detail. Through various major institutional contributions, Brazil spearheaded the adaptation of its Pix model to an international scale, transforming a domestic success story into the technical backbone of a bloc-wide settlement network. READ MORE
China Supports BRICS Member Russia With Record Oil Purchases -Watcher.Guru
by Vinod Dsouza
China is stepping in where India left after signing the trade deal with the US in early February. According to traders and ship-tracking data, China has purchased record oil, with BRICS member Russia filling the gap that India left. Russian crude oil shipments are estimated to be around 2.07 million barrels a day into China in February alone. This surpasses January's shipments of 1.7 million barrels per day.
The development comes after India stopped procuring Russian oil under the terms and conditions of the US trade deal. India was asked to procure crude oil from Venezuela, which is now controlled by the US, for which it agreed. BRICS member China is now Russia's top client for oil purchases, and the seaborne shipments will be loaded this month. Reports state that Russia discounted the shipments by $9 to $11 per barrel.
Refiners in China are now the world's largest consumers of US-sanctioned oil from Russia, Iran, and Venezuela. BRICS member China has allowed private players, also known as teapots, to buy a record number of oil from Russia and other sanctioned countries. "For the quality you get from processing Russian oil versus Iranian, Russian supplies have become relatively more competitive," said a senior Chinese trader. READ MORE
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2.17.26 - $10,000 Gold Supercycle?
Gold last traded at $4,879 an ounce. Silver at $73.56 an ounce.
EDITOR'S NOTE: Gold isn't reacting to daily noise, it's setting up for a once-in-a-generation supercycle that could drive prices toward $10,000 an ounce. According to Louis Navellier, the surge is fueled by collapsing faith in fiat currencies, persistent deficits, and central banks trapped in a lose-lose monetary environment. For investors, the message is clear: this isn't about a short-term trade, it's about a structural shift in global capital that could reprice gold dramatically higher over the next several years.
Stop watching gold's daily swings and get ready for a $10,000 supercycle -MarketWatch
by Louis Navellier
While gold is well off its highs of late January, I suspect the floor is about $4,500. But this is irrelevant. By the end of the decade, gold will be worth $10,000 an ounce, making today's volatility a distant memory.
There are two reasons for this. First, population declines are placing downward pressure on prices. Second, while their orientation is focused almost exclusively on fighting inflation, central banks are not equipped to fight deflation. While the tools for combating deflation are limited and straightforward - currency devaluation and printing money through quantitative easing - central bankers are averse to implementing them.
As a result, the smart money - and all the money that follows the smart money - has lost confidence in central bankers, making gold the most logical and available hedge. When I say the smart money, I point to Ed Yardeni, whom I consider to be the smartest economist in the world, and who has a similar forecast for gold by the end of the decade.
Save the U.S. and India, none of the major economies or regions is exempt from population declines and the attendant impacts. What follows are the factors afflicting each region or market. While they are diverse, the overall trend is clear: There is a systemic, global and downward push on currencies and economies and an upward push on the price of gold because it represents the most likely, liquid and available hedge for this economic downdraft. READ MORE
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