Back To A Gold Standard?

Submitted by QTR's Fringe Finance

Next week I’ll have a couple new pieces out, including:

  • one that lays out a hedge fund manager’s big bet on market volatility

  • two (maybe three) retail stocks that I like despite the entire rest of the market being wildly overvalued

  • trends I’ve noticed in one commodity that have me paying very close attention to it this week, far more than weeks past

Among the articles I published last week was one that focused on timing specifically, detailing how some predictions made by an Austrian-focused fund manager back in 2016 were only now just starting to come to fruition: Timing (These Assholes) Is Everything

After all, it isn’t about whether or not the Modern Monetary Theory experiment is going to blow up or not — it’s just a question of “when”.

Additionally, all of the cards are falling where they need to in order for gold to once again take precedence as money globally: we are printing more U.S. dollars than ever, our fiscal policy has spun wildly out of control, the BRICS nations are hoarding gold and Central Banks (including China) are buying more gold now than in recent memory. It seems like it’s only a matter of time…


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And now it seems like even the public is losing confidence in the soundness of our money and our Central Bank. After all, people are literally buying gold bars from Costco, which reported last week that it was selling out of the precious metal, despite putting a limit on the number of bars its members could order: The Costco Gold Indicator

Finally, here’s what else I’ve been publishing about over the last two weeks:

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Fringe Finance archive access:

 

back to a gold standard

QTR’s Disclaimer: I am an idiot writing a blog and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning and generally trade like a degenerate psychopath. This is not a recommendation to buy or sell any stocks or securities or any asset class - just my opinions of me and my guests. I often lose money on positions I trade/invest in and I’m sure have lost more than I’ve made in my time in markets. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. Positions can change immediately as soon as I publish this, with or without notice. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. Also, I just straight up get shit wrong a lot. I mention it three times because it’s that important.

Authored by Quoth The Raven via ZeroHedge September 30th 2023