For quite some time we have been warning about the rising shark fin of rising yields and rates. As of this writing, one can almost hear John Williams’ orchestral theme song to Jaws ringing in the ears. The Slow Creep Mortgage rates in the U.S. have hit 3%, dramatically curtailing mortgage […]

For anyone inside or outside of the U.S., it goes without saying that things are indeed heating up in the land of the free. President Trump faces an unprecedented second impeachment just days before the Biden administration is scheduled to take the keys to the White House in a transition […]

Gold should, in the fullness of time, continue to roughly keep up with that pace. Gold’s local peak in August corresponded with the low in real yields, at -1.08%. If Treasury bonds keep pace with inflation, it can keep gold from overheating too much, but gold should, over a 3–5 […]