Commentary

Government Bond Yields Have Surged, but Real Yields Are at Zero

Yields have jumped so much, in fact, that they’re giving stocks a serious run for their money. The 10-year yield is now higher than the S&P 500 dividend yield, which may have added to the selling pressure that cost stocks close to 2.5% yesterday.

Commentary

Inflation Is Coming for Your Wealth. Here's What Investors Can Do About It

Inflation is back on investors' minds lately, and some may be wondering how to position their portfolios to confront this potential new scourge.

Commentary

Texas Freezes, but a New Commodities Supercycle Could Be Heating Up

Millions of Texans were without power this week when the state was hit with a record setting winter storm. An overhaul of its aging infrastructure would require massive amounts of metals and other materials, which would be positive for miners and producers.

Commentary

The Chinese Economy Charges Ahead in the Year of the Ox

Happy Year of the Ox! Today China and a number of other Asian countries celebrate the Lunar New Year, also known as the Spring Festival.

Commentary

Tesla Just Bought $1.5 Billion Worth of Bitcoin. Is Apple Next?

Tesla announced in a public filing Monday that it bought $1.5 billion worth of Bitcoin as part of a corporate policy that allows the electric vehicle (EV) maker to invest in “alternative reserve assets,” including not just cryptocurrencies but also gold bullion and gold ETFs.

Commentary

Could $1,400 Stimulus Checks Lift Air Travel Demand?

It’s hoped that an extra $1,400 in the pockets of everyday Americans may help support lagging U.S. consumption. We believe the stimulus, along with improved vaccine roll out, may also help support commercial air travel.

Commentary

5 Reasons Airline Stocks Could Be a Buy in 2021

Commercial aviation still has some challenging times ahead of it, but I believe the worst is behind us, meaning now may be an opportune time to get exposure.

Commentary

Power to the Players: Reddit, Robinhood and Bitcoin

Those of you with kids and grandkids may at some point have stepped inside a GameStop. If so, you might be familiar with the video game retailer’s tagline: “Power to the players.”

Commentary

Precious Metals Outlook 2021: Renewable Energy Will Be a Key Driver

Precious metals in general did very well in 2020, and I expect them to keep pace in 2021, supported by heightened efforts in the U.S. and elsewhere to transition from fossil fuels to renewable energy.

Commentary

Closing the Gold Window Opened the Door to Modern Monetary Theory (MMT)

In the years since the end of the gold standard, there’s been a significant lack of discipline in government spending. Today, the federal debt is closing in on an astronomical $28 trillion, which is more than 130% of the size of the U.S. economy.

Commentary

Signal and Bitcoin: Twenty-First Century Tools of Personal and Economic Freedom

Founding Father Benjamin Franklin said it best: “They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.” In this light, what are we to make of Trump’s social media suspension?

Commentary

Will Commodities Ride the "Blue Wave" Higher in 2021?

This should be positive for gold, given the potential for greater government spending and, therefore, inflation.

Commentary

2020: Gold’s Best Year in a Decade; Ethereum Beat Bitcoin; Inflation Higher Than Reported

Gold and Bitcoin had a very good 2020. Investors, worried about currency debasement from all the money-printing, sought stores of value. Gold surged over 25%, its best year in a decade, while Bitcoin was up more than 300%.

Commentary

The Top 5 Most Popular Investment Stories of 2020

Now that 2020 has drawn to a close, I’m revisiting my most popular investment posts of the year, based on views. It was a truly historic 12 months, to say the least, but I won’t be covering everything that happened.

Commentary

Bitcoin Cracks Record High Due to Institutional Investors

And then there’s Bitcoin. The world’s biggest cryptocurrency has surged nearly 220% this year, touching an all-time high of $23,717 in intraday trading on Thursday.