by Mac Slavo | Jun 19, 2019 | Commodities, Headline News, Precious Metals
Countries have been moving away from the dollar for years now, with Russia seemingly leading the way. Russia’s foreign intel chief has said the United States “dollar becoming toxic”, as more nations start searching for an alternative currency. The...
by Mac Slavo | Jun 5, 2019 | Commodities, Emergency Preparedness, Headline News, Precious Metals
Historically speaking, when oil and gold trade in the way they are currently, it signals “doom” for the markets or an impending recession. Oil prices are hovering around bear-market levels amid concerns over slowing global growth and the potential for...
by Mac Slavo | May 15, 2019 | Commodities, Headline News, Precious Metals
The central banks of the world have been buying up gold at the fastest rate in 6 years. This is flashing warning signs for the future of the United States dollar. Central banks (the Federal Reserve) and foreign governments hold literally trillions of dollars of...
by Mac Slavo | May 13, 2019 | Commodities, Forecasting, Headline News
Goldman Sachs has come out and said president Donald Trump’s tariffs have had a bigger impact on consumer prices than originally thought. Additionally, the bank has said what the rest of us already know: the tariffs are being paid entirely by United States...
by Mac Slavo | May 7, 2019 | Commodities, Headline News, Precious Metals
Berkshire Hathaway Vice Chairman Charlie Munger recently warned against the Federal Reserve’s unbridled money printing. The central bank is going to end up turning the United States into Venezuela with an exponential inflation rate if they continue to print...
by Mac Slavo | Apr 10, 2019 | Commodities, Headline News
Global economic growth concerns and a weak United States dollar have pushed the price of gold to a nearly two-week high. Gold futures have logged a second straight finish above $1,300. After closing up 0.5% on Monday, gold settled at $1,308.30 an ounce. According to...
