Gold and silver had another very strong night last night as shares again fell heavily. Whilst in part this continues geopolitical anxiety over the Ukraine, the bigger driver appears to be the US economy and by extension the global economy as it is the same theme of central bank overreach or ‘policy error’ tightening into a weakening economy. We discuss the latest calls from big banks about gold’s prospects.

In the midst of continuing and peaceful Freedom Convoy protests in Canada, Prime Minister Justin Trudeau has declared Martial Law, and can now seize citizens’ bank accounts leaving no recourse. The friction between Government powers and individual liberties continues to intensify. It also makes a perfect case for having some wealth outside of the traditional banking system, whether that be precious metals or cryptocurrencies. We discuss and provide independent storage options available.

Gold and silver took a bit of a hit last night on news that Putin had withdrawn some troops and the inference that the invasion is no longer on. Despite Biden ‘reassuring’ everyone that the reports were ‘not verified’ and that an attack is “still very much a possibility” the market elected to go with everything is awesome again. However we share more insights from Goldman Sachs and others on why gold is still the asset du jour….

Bitcoin investors have de-risked as global macro headwinds increase. In particular, traders eye the proposed Fed rate hikes in March, opting for protective insurance over speculative calls.

The drums of war are sounding louder than ever and on Friday night’s ‘confirmation’ that Russia is to invade Ukraine this week, both gold and silver surged nearly 2.3% whilst shares fell around the same. That this comes at exactly the time that the market is worried about an ‘extraordinary meeting’ to be called by the Fed to bring forward rate hikes adds to instability facing them right now. This set up has all the ingredients of the so called Minsky Moment. We explain.

Wow. The US CPI print came in last night and again exceeded expectations at a blisteringly hot 7.5%, the highest seen since March of 1982 (when rates were 11.5% not zero). This was the 9th beat of ‘transitory’ expectations in the last 11 months, but it was the market, a Fed member reaction and, most importantly, history that should have holders of financial assets worried.

Shadow Finance Minister Pierre Poilievre’s speech to the Canadian parliament has shown that often the simplest questions are the hardest to answer. Faced with a request to approve an additional CA$7bn in expenditure, Poilievre asked 10 of the highest level bureaucrats from the finance department, “Where does the money come from?” Are we seeing the beginnings of governments returning to sound money?

A number of financial news sites are running the story of the head of Goldman Sach’s commodities division, Jeff Currie, making the explosive comments in a Bloomberg interview earlier this week that “I’ve been doing this 30 years and I’ve never seen markets like this……This is a molecule crisis. We share an article exploring where silver fits in this complex.

After three months in a persistent downtrend, the Bitcoin market has found some strength, with the market trading above and holding the psychological $40k US level. Have we experienced THE bottom? Let’s investigate.

Last week the US hit a milestone no one could have thought possible only a few years ago. The US government is now the proud owner of $30 trillion of debt. As at the end of January they owed $30,012,386,059,238… The US national debt has tripled in just a decade. We discuss where to from here.