by Garrett Baldwin | Apr 21, 2023 | Market Commentary
The threat of a debt ceiling crisis is accelerating, as I noted. It’s no coincidence that America’s rush toward $31.381 trillion aligns with a global rush among central banks to buy gold. We pretend that the Treasury Department has any idea what it’s doing. But...
by Garrett Baldwin | Apr 4, 2023 | Market Commentary
Weakness in the U.S. dollar helped propel gold prices up again Tuesday. The price of an ounce of gold on the futures market pushed to the $2,040 level. We haven’t seen this level of movement in gold prices since early 2020 – as the COVID crisis unfolded. There’s a...
by Garrett Baldwin | Jan 19, 2023 | Market Commentary, Market Outlook
Dear Reader, Cue the Tom Jones music… 🎵Debt bomb… Debt bomb. You’re a debt bomb. You can take my money when I need to come along… 🎵 The U.S. government has hit its debt ceiling. Federal Reserve Chair Jerome Powell has largely remained silent about the...
