If we all had hindsight beforehand we’d be incredibly rich. The saying that no one rings a bell at the top of the market is an oft repeated one after the top has passed and to be frank, most aren’t even listening at the top regardless. There is always a self-reinforcing narrative to say this time is different. Today we take lessons of hindsight from the last bubble of this magnitude, the dot.com bubble and seek guidance from the economic oracle of truth…

About a year ago, Facebook announced it would create a global digital currency called "Libra" to help the billions of people around the world who lacked access to basic financial services. We revisit its progress and why the promise has failed.

Last week saw an important new record for silver investment. Last week saw the highest ever inflows of silver into depositories holding metal for ETF’s and mutual funds etc. No less than 32,668,000oz of silver was deposited to back up these paper promises. However we look behind the demand headline at the equally alluring supply side of the equation.

View charts and the full article here:

When we talk about bull markets and bear markets we often get swept up in the present without stepping back and looking at the bigger picture. In this sense we tend to look at cyclical market trends as opposed to secular, derived from the Latin word for long term.

Today we present some fascinating charts from 1871, where we may be sitting right now, and where this possibly ends.

Link to full Article with Charts / Graphs:

Much has been written about the trading platform Robinhood and its users, with some even calling this sharemarket rally the Robinhood Rally. We discuss the platform, its users, and why it could well be a large catalyst fuelling the gold, silver and bitcoin rallies.

And so ends another financial year. Likely one we will never forget and unfortunately FY21 is looking to be equally eventful. We review the stats...

Link to full article and charts

Fintech titan PayPal intends to roll out direct trades of cryptocurrency to its 325 million users as institutional FOMO sets in.

Currently, PayPal’s only involvement in the crypto ecosystem is that it can be used as an alternative means for withdrawing funds from exchanges such as Coinbase, one of the world’s largest, but this would be a first in terms of offering direct sales of crypto.

View source article here

The world just passed 2 bleak milestones in this pandemic, passing 10 million cases and 500,000 deaths. The feeling of this being ‘over’ is quickly passing as even domestically the surge in cases in Victoria highlight the dangers of relaxing. Today we look at the ‘no shutdown’ response of Sweden and Brazil and the implications of the coming US election.

View Full Article and Charts >

Changing it up today we are passing on a well spelt out argument for record high gold in the second half of this year. Eddie van der Walt is editor and commentator at Bloomberg for global financial markets with his focus on commodities. He just wrote an article laying out the case for $2000 gold before year end. You can find the charts in the article here

Unless you’ve been under a rock lately you may have gleaned that the US sharemarket surge has been reputedly based on the Fed’s stimulus rather than fundamentals.  Last week the Fed quietly reduced its balance sheet for the first time since their unprecedented response to the pandemic.  However they appear to be angling toward consumption supporting companies and not asset inflating banks.  Goldman Sachs have significantly increased their gold and silver forecasts and the 2 moves appear related.  We discuss.