YOU’RE PLAYING WITH FIRE!

Today’s letter is all about UNPACKING and processing together the tremendous rally we’ve seen. Let’s go through the evidence and DISCOVER just how insane this has been. Looking both at historical data and short-term technical analysis, IT LOOKS GRIM...
THE FED DEMANDS YOU BUY GOLD!

THE FED DEMANDS YOU BUY GOLD!

This week, the Federal Reserve hosted its first-ever VIRTUAL Jackson Hole Meeting. I had three screens OPENED SIMULTANEOUSLY: one on gold’s price, the second on the S&P 500 and the third on Powell’s testimony. It was amazing to see – gold went from...
SEND THE INFANTRY: Elections ARE ON!

SEND THE INFANTRY: Elections ARE ON!

Should you care who wins THE COMING ELECTIONS? The answer is YES, more than ever before. What is SO SPECIAL about this November vote? The answer is that unlike the majority of American history, today’s government plays such a huge role in the life of the average...
BARBED WIRE: Silver $58 – CUT THE FENCE!

BARBED WIRE: Silver $58 – CUT THE FENCE!

Silver is the WILD CARD of this post-Covid-19 recovery. Since the MARCH LOWS, it has rallied by close to 150%, yet it remains about 45% below its 2011 high and its 1980 high of $50/ounce. That seems insignificant, but in INFLATION-ADJUSTED terms, it’s a long...
PIGS CAN FLY: BUFFETT BUYS GOLD!

PIGS CAN FLY: BUFFETT BUYS GOLD!

Say what you want about Warren Buffett, but for a man worth $90bn, after donating $37bn worth of Berkshire Hathaway stock in his life, Buffett is VERY HUMBLE. He spends his time playing incognito card games online (usually Bridge) and lives in the same house as when...
HUGE MOVES: GOT 2 MORE YEARS OF THIS!

HUGE MOVES: GOT 2 MORE YEARS OF THIS!

I’m going to show you the MOST AMAZING chart I’ve ever seen. Since 1971, the moment when FIAT CURRENCIES were born again, gold and the CRB (which is the basket of commodities) have moved in tandem until 2008, when the 37yr correlation ENDED. The chart is...
R-RATED: DON’T LOOK AT THIS!

R-RATED: DON’T LOOK AT THIS!

In 2008, I went on a rafting trip on Colorado’s Green River. It was exhilarating and combined calm waters with LEVEL-4 rapids. We spent a total of four days on the river bank where guides would prepare our meals. When we approached these LEVEL-4 rapids, the...
WOUNDED ANIMAL: GOLD DECIMATES THE DOLLAR!

WOUNDED ANIMAL: GOLD DECIMATES THE DOLLAR!

The World Has Never Seen Anything Like This When I woke up a few days ago, the FIRST THING I did was check the spot price of gold and the price shown was $1,944/ounce, a new all-time high after $1,921 was passed. That very same day, my 4-year-old daughter had a play...