Good Reads
The Price of Gold and Global Debt
Today, thanks to the war in the Middle East, we watch the price of oil climb by the day—which means the cost of just about everything else, as measured in fiat currency, is also on the way up. So why is gold down since the start of the war? Read on »
Billions wiped of mining stocks as gold, silver, copper prices plummet
Stock losses for world’s biggest mining companies near 30% since war’s start as copper enters bear market, silver falls 40% from high and gold suffers worst week in decades. Some copper producers and diversified companies fared better than the precious metal sector but losses top 20% across the board with only a couple of exceptions. Read on »
I've Turned Into a Gold Bear -- For Now
Gold got pummeled last week, and the selloff continued into Monday morning. The yellow metal plunged below $5,000 and then fell further. In fact, gold recorded its worst week since 1983. But early Monday morning, gold had been pounded down below $4,300. It’s important to put the sell-off into some context. Pretty much everything is selling right now. Read on »
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