Kommentar zu Offshore-Einlagerung von Gold und Silber | SWP Cayman

Branchenkommentar

Lesen Sie die Kommentare von Branchenexperten und SWP-Feuilletonisten.

Jeff Clark | Aug 8, 2022

Convinced a recession is here? Worried the stock market isn’t done crashing? It’s a distinct possibility things could get worse. Which raises a natural question: how does gold—and all precious metals for that matter—perform during these events? If we use history as a guide, there’s a clear tendency with all of them…

Jeff Thomas | Jul 25, 2022

In truth, elected leaders do not seek to serve the public but to dominate them. Invariably, their recommendations for change will be whatever transfers greater power to themselves.

Jeff Clark | Jul 21, 2022

It was a rout. Other than oil and some commodities, virtually nothing was left unscathed last quarter. Our ITV report examines the performance of gold and other major asset classes during the second quarter of 2022, plus YTD. We also look at the conditions that could impact precious metals in the second half of the year.

Jeff Thomas | Jul 18, 2022

Years ago, Doug Casey mentioned in a correspondence to me, “Empires fall from grace with alarming speed.” Every now and then, you receive a comment that, although it may have been stated casually, has a lasting effect, as it offers uncommon insight. For me, this was one of those and it’s one that I’ve kept handy at my desk since that time, as a reminder.

Jeff Thomas | Jun 28, 2022

In the 18th century, America was made up primarily of people who, of necessity, had had to work hard. Had they not taken full responsibility for their own welfare, there was no one else to do it for them and they would have starved. As this was the case, anyone who did arrive on American shores who was unwilling to work and wanted others to provide for him, could expect to find no sympathy and might well starve. In the 19th century, the former colonies had become the United States. Expansion was underway and the young people of the 18th century became the entrepreneurs of the 19th century. In order to continue to get the menial tasks accomplished, millions of immigrants were needed. Those who were welcomed were those who were prepared to start at the bottom, often live in poor conditions, receive no entitlements and compete for even menial jobs. If they accepted these terms, they received the opportunity to immigrate and work...

Jeff Thomas | Jun 17, 2022

Periodically, I’ll encounter someone who has read one of my essays and has decided not to pursue them further, stating, “You’re one of those ‘End of the world’ guys. I can’t be bothered reading the writings of someone who thinks we’re all doomed. I have a more positive outlook than that.” In actual fact, I agree entirely with his latter two comments. I can’t be bothered reading the thoughts of a writer who says we’re all doomed, either. I, too, have a more positive outlook than that. My one discrepancy with such comments is that I don’t by any means think that the present state of events will lead to the end of the world, as he assumes. But then, neither am I naïve enough to think that if I just hope for the best, the powers that be will cease to be parasitical and predatory out of sympathy for me. They will not.

Jeff Thomas | Jun 9, 2022

In my lifetime, I’ve had the misfortune of being present in two major natural disasters and one violent social crisis. Each taught me valuable lessons. In the aftermath of a natural disaster, there’s the danger of the loss of shelter, services and food. In most cases, people who experience the loss of shelter and services realise that “things are bad all around” and they tend to do the best they can, accepting that life will be hard for a period of time. Food is a different matter. People, no matter how civilized, tend to panic if they become uncertain as to when they will next be able to eat. And, not surprisingly, this panic is exacerbated if they have dependents, particularly children who are saying, fearfully, “Daddy, I’m hungry.” As Henry Lewis said in 1906, “There are only nine meals between mankind and anarchy.” Quite so. Intelligent, educated, otherwise-peaceful people can be driven to violence and even murder if the likelihood of future meals becomes uncertain. This has been the cause of spontaneous riots throughout history. But this is not the only cause of riots. In the post 1960 period in the West, a new phenomenon has occurred that has steadily grown: governments and the halls of higher education have increasingly taught people that they are “entitled.” Governments have been guilty of this for millennia, beginning at least as early as the “bread and circuses” of ancient Rome. It’s a way for governments to get people to be dependent upon them and thereby to do their bidding. But, since the 1960’s, it’s become a systemic norm.

Jeff Thomas | Jun 3, 2022

For many years, I’ve forecasted that the US will evolve into a police state; that it will begin slowly; then as more and more freedoms are removed, the creation of the police state will accelerate. We’re now seeing that acceleration, as more and more Americans are detained, questioned and having their property confiscated than ever before.

Jeff Clark | Jun 3, 2022

I know silver investors are discouraged. The price action doesn’t reflect what we think it should, particularly when inflation’s been spiking. There are valid reasons for the lag in price—a soaring US dollar, a perceived drop in industrial demand from recession or stagflation fears, a crashing stock market forcing investors to liquidate other holdings—but those don’t make us feel any better. I think one of Mike Maloney’s strengths is that he views trends through the lens of history. As he’s said many times, the further you look in the past, the further you can see into the future. I decided to employ that strategy with the gold/silver ratio, to examine how silver has performed during its biggest declines over the past 50 years, to give us some insight into what it might do in the next decline. As any silver investor knows, a drop in the ratio means silver is outperforming gold—I wanted to see just how much. I found the results of this research interesting. See what you think…

Jeff Thomas | Jun 2, 2022

Some people are more observant than others. Some are more capable of thinking outside the box than others. Whether this is by nature or nurture is a moot point. When we are children, we tend to look upon the world in all its wonder. We are amazed at what exists and we absorb it like a sponge. Then, when we are in our teens, we begin our second wave of discovery. We begin to pay more attention to the things that we find confusing; we become absorbed in issues like world hunger, warfare and political strife. These situations seem senseless and we repeatedly ask, “Why should these things be?” Typically, in our twenties, we have not yet found any solid answers and our mood turns from interest to anger. We tend to gravitate toward liberal philosophy, as liberal philosophy tells us what we would most like to hear; that these terrible things should not exist and that we should take every step available to us to end the injustices of the world – at whatever cost to ourselves and others.

Subscribe to our Free Newsletter

We will use your information to send you our quarterly newsletter, product promotions and company alerts by email.