Mark Yaxley | Apr 29, 2025
Gold surged to $3,500/oz last week but has since settled just above $3,300/oz, continuing its parabolic climb as investors flee mounting U.S.-centric risks. De-dollarization, rising geopolitical tensions, and concerns over U.S. economic policy—driven by Trump’s tariff threats and criticism of Powell—have upended the old “There Is No Alternative” (TINA) narrative.
Jeff Thomas | Apr 29, 2025
Governments regularly claim that they favour tax reform. When this claim has been repeated so many times that virtually no one believes them anymore, they announce a tax reform, to show that they really mean it. They then reshuffle the existing taxes to give the appearance that taxation will actually be lowered.
Mark Yaxley | Apr 23, 2025
Gold’s 2025 rally has been nothing short of historic, surging 30% year-to-date to an all-time high of over $3,400/oz—the strongest start to a year ever.
Jeff Thomas | Apr 23, 2025
Americans were taught about Paul Revere’s ride in school. He was said to have ridden from his home in the North End of Boston, to Lexington and Concord, to warn the people there that Federal troops had landed in Boston Harbour and would soon reach the townships.
Jeff Thomas | Apr 15, 2025
Of course, investment philosophy can be made highly complex, or it can be disarmingly simple: what goes up must come down. If we accept the validity of this comment, we might also reason that the higher the market goes, the harder it will fall when the bubble bursts, and, of course, the greater the damage it will do to investors.
Mark Yaxley | Apr 15, 2025
This week, the gold and silver markets experienced continued volatility, fueled by escalating tensions between the world’s two largest economies, the United States and China. The primary catalyst was President Trump’s announcement of steep new duties on Chinese imports, now reaching 145%.
Mark Yaxley | Apr 8, 2025
Gold and silver markets experienced dramatic volatility this week, primarily driven by the announcement of new U.S. tariffs and escalating global trade tensions. On April 2, 2025, President Donald Trump declared a 10% baseline tariff on all U.S. imports, effective April 5, with additional country-specific tariffs set to take effect on April 9. Notably, imports from China faced an effective tariff rate of 54% after April 9.
Jeff Thomas | Apr 8, 2025
Countless Americans believe that they have the right to bear arms, so that they can protect themselves and their homes from burglars or other miscreants. Others, particularly those who live in rural areas, believe in the right to go hunting if they wish.
Jeff Thomas | Apr 1, 2025
The first libertarian intellectual was Lao-tzu, the founder of Taoism. Little is known about his life, but apparently he was a personal acquaintance of Confucius in the late sixth century BC and like the latter came from the state of Sung and was descended from the lower aristocracy of the Yin dynasty.
Mark Yaxley | Apr 1, 2025
Over the past week, gold surged to new all-time highs, reaching USD $3,149 per ounce, lifting silver past $34 per ounce. This rally was fueled by escalating tariff uncertainties from the U.S. and potential retaliatory measures from Europe, Canada, and Japan. Markets are anticipating more clarity on April 2, which could trigger a “sell-the-event” reaction—potentially pushing gold lower and equities higher.