Eleven days ago, Russia invaded Ukraine. While countless uncertainties remain, we draw some early conclusions. In addition to updating on the new geopolitical realities, we also focus on economic consequences and explain the implications for investors.
Peter Cavelti’s essays have been printed and quoted in papers, magazines and newsletters internationally, including The Wall Street Journal, Barron’s, The Financial Times, the Financial Post, The Globe and Mail, Money, Personal Finance and World Link. Peter releases new commentary as inspired by current events and the desire to share information with an independent, unbiased voice.
The disregard our politicians and the media have for us citizens is stunning. We look at the most recent examples of narrative manipulation and the growing use of government emergency powers, and draw our conclusions. In our segment on investment strategy, we stress the need to be prepared for a variety of outcomes and to be nimble with portfolio adjustments.
Not too long ago, when the Covid threat first emerged, economists the world over entertained us with various forecasts of how exactly the recession of 2020 would play out. Some were quite determined that it would be in a U-shape, while others suggested a W-shaped, L-shaped or K-shaped pattern. Some boldly predicted that the downturn would last a while; the opposite camp thought it would be short-lived.
Are there any members of our legislatures left who aren’t taking their marching orders from corporations and special interest groups, even when it hurts the voters who put them into office?
How will America’s botched Afghanistan exit impact the geopolitical balance? What safe haven investments are there left? We’re addressing two questions that seem to be on everyone’s mind and explain why caution is advised.
We review gold’s fundamentals and conclude that they’ve rarely looked this constructive. We also take a close look at different gold investment alternatives.
“Gray Rhinos” (clearly visible, but nevertheless ignored threats) are everywhere. We explore the concept and investigate the root causes of today’s disfunction. We also look at whether the past half-century of failed leadership warrants a Great Reset. Finally, we comment on the dilemma in which central banks and governments find themselves and explain why the spike in inflation may not be temporary.
Several readers have asked about crypto-currencies, especially in the context of the dramatic advance most digital assets experienced between early February and mid-April. Did the crypto space attract capital that might otherwise have flowed into gold?
On the surface that appears to be a good thing. As experts of almost any stripe and colour expose themselves as no more than a source of one specific opinion, it becomes imperative that we strip ourselves of our confirmation bias, study opposing viewpoints, and take responsibility.
We review the yellow metal’s explosive rise and the healthy correction that followed. Looking forward, we offer seven reasons why another robust advance should soon unfold. We continue to view a portfolio inclusion of gold as imperative.
What does a prolonged climate of fear and the resulting fatigue do to individuals, society, the financial markets, the shaping of our future and future generations? And what kind of world do we want to create?
In today’s update we explore gold’s monetary role, in history and in today’s context. Peter Cavelti also responds to the two questions he is asked most frequently