I hope you had a blessed Easter Weekend. Before my own spiritual awakening, the day meant plastic easter eggs filled with candy and that green fake grass that, come to think of it, didn’t resemble anything to be found in nature. Maybe some exotic seaweed with a near-magical ability to escape from baskets and resist even the most powerful vacuum cleaners.
For its part, the White House did some class A trolling this weekend:
Gold!
We have to start with gold. Or should I say, GOLD!!
Once again, the whole world is buying gold. In the London and US ““markets”” it’s not selling off, which is, to put it extremely mildly, unusual.
Take note of silver here…this is a first for me too:
As we’ve been going on about for some months now, “something has changed.”
And by “something,” we mean the likely demise of the dollar standard that’s been in place since August 15th, 1971, when Nixon “temporarily” closed the gold window. In keeping with all temporary government programs, it’s still closed.
Which is why we’re keeping a very close eye on both the dollar and bond markets. If or when the dollar is internationally repudiated, things will proceed to unravel quite quickly.
The dollar has clearly breached several critical technical and psychological levels.
I wonder if Elon’s magic money machines, which triggered this ALERT from me on March 17th, 2025, hasn’t been part of all this dollar and bond volatility.