As I write this, the March gold contract is trading around 1607, down more than 3% on the day. This downward pressure is coming from central bankers who need to raise money by the end of the year but can’t sell off their debt (bonds)—and all they have left that’s liquid is gold. I’m bullish [...]

Folks, around the time I was graduating high school—back during those dark days of Jimmy Carter—the 10-year had consistently been sitting up above 8%. It even spiked to over 15% at one point. Being a kid, I thought that was the norm. But it wasn’t. It was an aberration to the upside. I bring this [...]