We are arguably in the midst of one of the most artificially constructed economies in modern history. Central banks out of hubris, and governments out of the desire to be re-elected, continue to ‘bail out’ the natural economic cycles arguably ‘needed’ to maintain a sustainably healthy economy. We discuss how this will lead to more frequent crises, shorter economic cycles and abrupt recessions.

This is our final preview of the upcoming ‘In Gold We Trust’ report by Incrementum. The report is arguably the pre-eminent annual report on gold and silver, read by over 2m people in 2020 and due out in May 2021. Today we look at the relative size of precious metals markets against the institutional funds, what that means and a special look at silver.

This is our third preview of the upcoming ‘In Gold We Trust’ report by Incrementum . The report is arguably the pre-eminent annual report on gold and silver, read by over 2m people in 2020. On Monday we gave the context of this epic setup for precious metals, yesterday talked to gold’s performance over time and particularly against US shares, and today we look specifically at the inflation genie and its evil brother stagflation.

Images and charts.

https://www.ainsliebullion.com.au/gold-silver-bullion-news/-e2-80-98in-gold-we-trust-e2-80-99-preview-e2-80-93-inflation-or-stagflation-/tabid/88/a/2464/default.aspx

This is our second preview of the upcoming ‘In Gold We Trust’ report by Incrementum . The report is arguably the pre-eminent annual report on gold and silver, read by over 2m people in 2020. On Monday we gave the context of this epic setup for precious metals and today we look specifically at gold and how it has performed and why.

https://www.ainsliebullion.com.au/gold-silver-bullion-news/-e2-80-98in-gold-we-trust-e2-80-99-preview-e2-80-93-gold-v-shares/tabid/88/a/2463/default.aspx

Ethereum has a new upgrade on the way. The proposed EIP 1559 Upgrade, now called the London Fork, will both lower GAS fees and increase the scarcity of ETH which could lead to a higher price. Let's look at the details…

Link to image.

The ‘In Gold We Trust’ by Incrementum report is arguably the pre-eminent annual report on gold and silver, read by over 2m people in 2020. Whilst we are still over 2 months away from the release they have given us a teaser with a chart pack. Lets start to unpack this….

Cardano Up 477% This Year. What’s All The Hype About?

A week ago, we saw a new cryptocurrency claim the number 3 largest crypto by market cap. This is on the back of an incredible price gain of 625% since the start of the year. So what’s the hype? Let’s jump in…

No images today.

Yesterday we talked about the RBA’s yield curve control program, noting it was one of only a few central banks in the world implementing this strategy. All eyes are now on the Fed as they openly contemplate implementing it in the US as they see longer term bond yields rising to very uncomfortable levels. Last night on Wall St was yet another reminder of how unstable things are in the face of this. We discuss the implications and why it differs to QE.

Yesterday the RBA kept things unchanged, maintaining both the cash rate at 0.1% and its $200 billion QE program until it sees sustainable and strong wage growth together with low unemployment. However just the day before the meeting they had to double down on QE to stem the sell off in 10 year bonds. We discuss.

Wow… what a week for crypto. Last Monday we say the largest single day pullback in Bitcoin’s already volatile history. Bitcoin was down 24% in the seven days through Sunday. It's also the worst weekly performance since March 2020. Prices have declined on six of the past seven days.

Today's images

https://www.ainsliebullion.com.au/gold-silver-bullion-news/this-is-what-bitcoin-does/tabid/88/a/2457/default.aspx