The Harvard Kennedy School - a public policy-focused graduate school - has collaborated extensively with various propaganda arms of the Chinese Communist Continue...Read More

It works until it doesn't. Now all eyes are on housing.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Fo...Read More

An uncle of mine was a pilot during World War II and he said they encountered advanced ships frequently that Continue...Read More

The stoking of UFO controversy appears to be a classic psyops perpetrated by U.S. military intelligence for the objective of population control, Finian Cunningham writes.Continue...Read More

CDC investigates dozens of reports of heart inflammation in teenagers and young adults that occur four days after their second dose of Moderna or Pfizer vaccinesContinue...Read More

Arizona officials have struck down a bill which would prohibit most third parties, such as businesses or public schools, from mandating Covid-19 vaccines.Continue...Read More

For the first time in decades, we saw the ferocious beauty of truly free markets operating at scale. Efficiently. Ruthlessly. These assets inhabit Continue...Read More

In just the last week, the Fed's official balance sheet is up another $92 billion to over $7.9 trillion in "assets." Look up the Fed's official balance sheet here: https://fred.stlouisfed.org/series/WALCLSoon, the Fed's balance sheet will be well over $8 trillion. Perhaps in the next 1-2 weeks. US federal government budget deficits are on a $4 trillion plus annualized pace while the Fed is now put...Read More

Rotation continues from momentum to value as Bitcoin investors turn to gold.China is the excuse, not the reason for the #Bitcoin bubble bursting.This #Crypto Winter may be the longest and most brutal of all.Dave Portnoy shills #Safemoon gimmick.Coinbase may be the biggest failure vs. expectations of any IPO in history.Crypto crash ushers in bear market for Tesla, Square, Microstrategy, Riot Blockc...Read More

The latest FOMC minutes were dovish, especially in light of the recent increase in inflation and elevated asset valuations. What does it mean for gold?Yesterday, the FOMC published minutes from its last meeting in April . They’ve shown two things doing that: first, that some of the central bankers are worried about the inflation and elevated asset valuations; and, second, that the Fed is goi...Read More

This week has been trulybrutal for the entire cryptocurrency sector, with the prices of majorcurrencies like Bitcoin and Ethereum crashing at least 30%. Theoverall sector has shed trillions of dollars in value.The recent carnage forholders of digital currencies could be due to a variety of factors includingprofit taking spurred by Elon Musk, an easing of inflation worries, or concernsabout new reg...Read More

Precious metals are among the best places to park your money in times of economic or political distress. Gold and silver offer stability during a period of extreme stock market volatility and low bond yields, and while they do not pay interest or dividends, they are not subject to inflation like paper currencies. It is also, in my opinion, a smart strategy to allocate a portion of gold a...Read More

When the USDX declines, the PMsusually celebrate and rise as a result. However, this was not the caseyesterday – and we can’t ignore it.“Reversal” is the name of the game, atleast when it comes to the precious metals market.The USD Index declined profoundly onceagain yesterday (May 18), and gold, silver, and mining stocks ignored thismove. They didn’t want to follow i...Read More

Here are five Fastmarkets stories you might have missed on Friday May 21 that are worth another look.The export price for pig iron from the south of Brazil increased again in the week to May 21, on continuing strong demand and long lead times, with suppliers said to be sold...Read More

Gold recovered after a downward response to the surge in inflation. What’s next for the yellow metal?Gold rebounded after an initially bearish reaction to the BLS report showing that inflation soared 4.2% in April year-to-year. This means we have an inflation annual rate doubling the Fed’s target and the highest since the Great Recession as the chart below shows. It might now seem coun...Read More

Financialmarkets have become a complete joke. From GameStop to Dogecoin to non-fungible tokens(NFTs), a plethora of assets have been pushed to laughable heights with thehelp of the Federal Reserve’s funny money.Justabout everyone, except for stone-faced Fed officials, seems to be in on thejoke.Dogecoinpromoter and billionaire Tesla founder Elon Musk poked fun at cryptocurrencies and the U.S....Read More

 Easy choices lead to a hard life (or atleast losses), and because gold’s downside move is delayed, it’s extremely easyto be bullish on gold right now.It’s easy to get carried away by theday-to-day price action, and it’s even easier to feel the emotions that othermarket participants are feeling while looking at the same short-term priceaction. Right now, it’s tem...Read More

In the first portion of this research article, I highlighted the correlation between Gold and the US Dollar as well as the correlation between the US Dollar and the EURUSD and JPYUSD.  The purpose of this example was to highlight the different phases of US Dollar appreciation vs depreciation compared to the EURUSD/JPYUSD.  The EURUSD and JPYUSD are often compared to the US Dollar as majo...Read More

Although Gold has continued to drift downward after reaching a peak near $2089.20 in early August 2020, our Custom Gold Inverse Trending Index suggests this weakness has actually built a very strong momentum base – preparing for a big move higher.The relationship of Gold to the US Dollar is a fairly widely known correlation.  When the US Dollar is weaker, Gold tends to rally.  When...Read More

The gold miners’ stockshave powered higher in recent months, solidifying a strong young upleg.  But the extended-correction low leading intothis latest rally has left sector psychology fairly bearish.  Traders are skeptical about gold stocks’upside potential, wary of another serious selloff.  The gold miners’ just-reported Q1’21operating and financial results...Read More