News

Gold and Silver Prices May Turn Higher as Long-Term Treasury Yields Stagnate

Posted by Micah Miller on

Precious metals seem to be inversely corelated to US Treasury yields. As yields start to decline, it seems as though the metals may have a shot at another leg up this year.

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Clarida: If inflation expectations 'drift up persistently,' Fed would need to respond

Posted by Micah Miller on

Jerome Powell has been vocal about the Fed's goal to reach 2% inflation in the CPI. Though, we know this figure is not true inflation, it is important to recognize that the fed WANTS inflation. That is, until they don't.

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ECB’s digital euro consultation says public worried over privacy

Posted by Micah Miller on

As you may or may not already know, central banks across the globe are looking to take complete control over fiat currencies with central bank digital currencies (CBDC).

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Powell Eye Central Bank Digital Currency (CBDC)

Posted by Micah Miller on

At the end of the line, central banks want one thing - and that thing is control.

A great new tool spurred by the advancement of blockchain technology and crypto currencies is this new idea of creating central bank digital currencies.

These digital currencies would result in the death of cash, and push all transactions into one ledger, allowing the government and the fed to track, trace and tax every transaction.

This is just another reason to exit the system and stack metal.

You can read the article from Business Insider here.

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Powell Says Opening the Economy Too Soon Will Cause COVID Spike

Posted by Micah Miller on

In a recent interview with Washington Post and Jerome Powell, Federal Reserve Chairman, he says that reopening the economy too soon could cause a spike in COVID and cause more economic issues from more lockdowns. I personally believe that the Fed is just looking to create more currency and increase inflation to show "growth." The less people work and the more currency that is created, the more "growth" they will have, which then can be announced as a victory for the Fed chairman. If you are in precious metals, you know that the federal reserve is the one causing problems,...

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