What's the Easiest Way to Write off $200 Trillion?

What's the easiest way to write off $200 trillion+ in promise piles not saved for?

Devaluing fiat currency to nominally meet what we cannot legally default upon remains the most likely outcome.

Last week, the private Federal Reserve's most-watched inflation indicator, the core PCE Deflator, soared to a level not seen since 1991.

So we have yet another inflation data point hitting its highest level in nearly 30 years of time.

Last week too, the fiat Fed created more currency out of thin air to further monetize. By buying more 'assets', ballooning their balance sheet by the biggest amount in over the past year of time.

Turning now to the ongoing fiat Federal Reserve's financialization running amok. 

The ongoing denial by the Federal Reserve that its running bailout policies are not exacerbating the wealth gap has become nothing short of a public farce.

Not merely in funny college professor twitter polls.

But also point-blank in the damning data updated both here and in our video update this week.

Following up on last week's Paul Tudor Jones comment on CNBC about the current $88 trillion in assets under management not being nearly allocated to commodities as they once were in the year 2011.

Important to remember also that pension and endowment funds notionally still have next to no precious metals exposure yet. See the tiny relative investable gold allocation percentage on this chart tweet embedded below, updated through 2020.

My expectation is once this bullion bull has arrived in its manic phase, the old 2011 high here will be well past, and we will be heading back towards old 1980 investable gold as a percentage of global financial asset heights, seen on the far left-hand side of tweet embedded chart above.

Finally, to end this week's SD Bullion market update. 

Below is a conversation I had this past Tuesday with the Silver Fortune YouTube channel.

I told his channel about recent price action in silver and gold that has not changed over the last few days since we spoke in the interview.

← Previous Next →
James Anderson
James Anderson
Senior Market Analyst & Content

A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. You can pick up Jame's most recent, comprehensive 200+ Page book here at SD Bullion.

Given that repressed commodity values are now near 100-year low level valuations versus large US stocks, James remains convinced investors and savers should buy and maintain a prudent physical bullion position now, before more unfunded promises debase away in the coming decades...