A Black Swan is an unexpected event. The term was popularized in a 2007 book by author and market trader Nassim Nicholas Taleb called “The Black Swan: The Impact of the Highly Improbable.” Before the discovery of Australia, he writes, it was universally believed that all swans are white. But all it takes is the […]
First the NY Times! Now Chase Bank? If you aren’t panicking about the US debt picture, you may not be paying attention! Now even the most establishment of establishment figures are starting to show signs of panic. Including the most establishment banker of America’s most establishment bank. Jamie Dimon is the chairman and chief executive […]
Hi-Tech Billionaire’s Company Buys $50 million in Gold Bars! Concerned about a coming unexpected, high-impact event, “a black swan,” Palantir Technologies, a software company co-founded by billionaire Peter Thiel, purchased $50.7 million in 100 ounce gold bars. Thiel is a forward-looking entrepreneur. He was an early investor in Facebook and a co-founder of PayPal. Palantir […]
Decades of Skyrocketing Debt and Slowing Growth! We read today that well-positioned Washington lobbyists say that Biden’s tax hikes are dead. We hope our friends and clients know us well enough to know that we are no friends of tax hikes. Even so, we note that when revenue targets will not be hit, spending […]
12 MONTHS OF MARKET CALLS, ADVICE, WARNINGS, AND RECOMMENDATIONS See Where We’ve Been and What We’ve Said about Where We’re Going! Here at Republic Monetary Exchange, we spend a lot of time and energy to see that our friends and clients get the very best market analysis possible. And while we don’t claim modern-day Nostradamus […]
Blood Running on Wall Street Creates Buying Opportunity for Precious Metals You might not have been too worried last Monday when the Dow Jones Industrial Average fell 227 points. But you certainly must have taken notice of the carnage on Tuesday when it fell 1031 points. The collapse was confirmed for any doubters by midweek […]
A lot of things aren’t yet clear about COVID-19. But one lesson is clear: Buy gold to protect yourself in a crisis! People around the world get the flu every year. Some people die from it. The important public health question is just how lethal any spreading strain is. We don’t know the […]
Market Looks Ahead, Doesn’t Like What’s Coming Our Way! Gold prices screamed to seven-year highs on Friday. Early Monday morning, investors woke up to see the Dow Jones hammered down over 700 points while gold continued its rise, reaching as high as $1,687, up over $40 per ounce from its previous close. This is as […]
THE CORONAVIRUS, BLACK PLAGUE, AND BLACK SWANS We are not epidemiologists. It is because we are dealers in precious metals and not epidemiologists, that we will leave it to others to speculate on the long-term outlook for the coronavirus, its strands, and mutations. We are innately suspicious of all government reports and news releases, […]
it’s China’s Turn… Just last week we reported to you on Russia’s aggressive gold acquisition. We wrote, “Russia, seeking to protect itself from a dollar crisis, continues to reduce its holdings of US Treasury bonds while beefing up its gold stock at an accelerated pace. The Bank of Russia, the central bank, bought 8.8 million […]
Gold In Holding Pattern During Quiet Week and Stock Market Highs Not much to report on precious metals after a quiet week and stock market highs keeping gold from moving up much. Starting the week, gold touched just above the $1,300 mark, but maintained roughly between $1,285 and $1,290 the rest of the week. The […]
Gold Is at 7 Week High on Weak Dollar Index, Nearly Reaches $1300 This week, gold is at 7 week high on weak dollar index (among other driving factors). Gold prices started out the weak with a rally climbing over $1,290, however it pulled back some on Thursday and Friday. The dollar index was up […]
Volatility Rocks the Markets and Gold is Looking Bullish After a turbulent week, gold is looking bullish, and investors are flocking back to precious metals. Volatility rocked the markets stemming from political controversy in Washington. This was the controversy surrounding the President’s dismissal of FBI director Comey and his meeting with Russian state officials. The […]
3 Things That Will Fuel Gold Rally There are 3 things that will fuel gold rally that are abundantly transparent in the markets already. This week, gold continued its upward climb touching above $1,250. Take a look at what’s driving this rally. 1. Inflation Some analysts are predicting gold to soar to $1,500 soon as […]
Gold Rally Continues from Last Week’s Jump Last week’s gold rally continues this week with gold toying with the $1,250 mark. Gold is now up 8.5% this year. On Tuesday, the Dow had its worst day yet in 2017. It experienced some shakiness after the Fed announcement last week, and volatility rocked stocks this week. […]