Peter's Blog

COTs Report: The Options Market Shows Speculators Are Back

Please note: the CoTs report was published 06/28/2024 for the period ending 06/25/2024. “Managed Money” and “Hedge Funds” are used interchangeably. The Commitment of Traders report is a weekly publication that shows the breakdown of ownership in the Futures market. For every contract, there is a long and a short, so the net positioning will […]

The FED-Induced Housing Crisis

While the Federal Reserve’s inflationary policies are publicized as protecting the American people, they are causing the American dream of homeownership to slip away. By raising the federal funds rate to combat their self-inflicted inflation, the Fed has driven up mortgage costs, making it harder for aspiring homeowners to secure a place in the housing […]

Markets, Watch Out: Russia Threatens Retaliations Against U.S.

“Retaliatory measures will definitely follow,” Kremlin officials promise the U.S. ambassador after a Ukrainian missile strike was allegedly conducted with U.S.-supplied weapons and intelligence.

Money Supply is Moving Back Up

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.

WaPo: No Matter Who Gets Elected, Expect More Debt

An article in yesterday’s Washington Post assured readers that no matter who wins the 2024 US presidential election, we can count on massive expansion of the national debt to be among the common denominators. The article looked at a recent report from the Committee for a Responsible Federal Budget, or CRFB, analyzing the debt increases […]

ZIRP-Addicted Japan Is Crumbling Under Higher Rates

The message is loud and clear: The Japanese economy has no tolerance for higher interest rates after the Bank of Japan has kept them artificially near zero for decades. Meanwhile, as the largest holders of US Treasury debt, Japan’s economic well-being has become inextricably dependent on the capricious whims of Federal Reserve monetary policy — […]

Comex: Gold Sees Highest Delivery Volume in Nearly 2 Years

The Comex report for last month correctly identified a potential big move in silver while the same report two months ago preceded a massive up move for the price of gold. The data this month is not as obvious or compelling, but it is clear the stress on the Comex continues to build.

Metal of the future? Gold‘s uses in technology

While demand for Gold as an investment has risen greatly historically, and particularly over the past year, recent technological discoveries provide powerful potential for Gold to increase in prominence as an industrial resource. While gold does provide an excellent and relatively safe store of value, its industrial use could rapidly increase its price and universal […]

Gold’s Natural Scarcity Propels its Valuation Growth

The U.S. abandoned the gold standard in 1933. But ninety-one years later, in the midst of an inflation crisis, investors are flocking back to the original. The U.S. government is set to print about $200 billion in bills in 2024. That’s $548 million for every day. Despite the rampant inflation reducing consumer purchasing power around […]

“Deal’s Off,” Canadian Officials Tell China

China’s recent attempt to secure a rare earth minerals stockpile ended in failure when a competitor stepped in to snag the deal. Vital Metals, a mining firm based in Australia, announced Monday that minerals collected from its Saskatchewan-based Nechalacho Project will remain within Canadian borders.