Archives for Commodities

Gold vs Fiat vs Crypto

Many believe John Maynard Keynes considered gold to be “a barbarous relic”. In actual fact he was referring to the fixed exchange rate between the British pound and gold. During WWI the combatants abandoned the gold standard to allow inflation to pay for the war. Once the war was over…

Equities vs Commodities

Jeffrey Gundlach, CEO of DoubleLine said in early January that a bear market would commence when the long term trendline for US 30-year Treasuries is broken, and the yield rose above 2.99%. The rate was 3.08% last Friday, the day the DOW fell 2.5%. But Gundlach, in a webcast titled “Commodities:…

Mining and Energy Consumption

Increasing the share of electricity produced by wind and solar, and the trend to electric cars, will put considerable pressure on the mining industry. Already, according to the International Energy Agency, mining alone accounts for around 10% of the world’s energy consumption. This does not include energy consumed in processing…

The Gold Silver Ratio

For hundreds of years the gold silver ratio was around 15, that is, 15oz of silver buys 1oz of gold. This stability was important because both metals were used as currency (read the history of silver as a currency here and here). In fact, during the 19th century the ratio…

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