Nearly a couple of months ago now we reported on Grant Williams’ December Things that make you go hmm…(TTMYGH) newsletter entitled Get it, Got it, Good which in turn was based on Grant’s presentation at last year’s Mines and Money London given in December, shortly after the election of Donald Trump as President of the USA. To read the original article click here.
We would highly commend Grant’s newsletter – it’s one of the few I get which I always read from start to finish as it gives a unique, and hugely valuable analysis of geopolitics, and geo-economics. The reason I am returning to this is that Grant has now published the full video of his Mines & Money presentation without it being behind his newsletter subscription wall and I would commend all Lawrieongold readers to view it. To do so click here. The presentation highlights how Trumponomics differs from Reaganomics, although there are some common angles, and how much U.S. and global geopolitics/economics have changed since President Reagan’s policies set the U.S. economy on its then upwards path. Don’t necessarily expect the Trump version to do the same is one of the messages.
Obviously I have altered the title here to insert ‘Gold’ instead of the ‘Good’ of Grant’s original – a title based on a verbal exchange between Danny Kaye and Basil Rathbone in the 1955 film – The Court Jester. This is because part of the comment involves the gradual demise of the petrodollar and the likely positive effects on gold of what Grant sees as the possibility for effectively exchanging oil for gold via the Shanghai Gold Exchange and a fully convertible yuan. A number of countries are now attempting to bypass the petrodollar and, at the same time, reduce their proportions of holdings of U.S. Treasuries in their foreign exchange totals as perhaps the world starts reducing its reliance on the greenback in global trade. Grant sees all this as gold positive in the long term.
As an aside, the other newsletters I tend to read from start to end every issue are Otto Rock’s (pseudonym) often irreverent Inca Kola News daily blog posts digest – to keep abreast of the nefarious goings on within the Canadian junior mining markets, with particular reference to Latin American pump and dump operations and other scams. Otto often uses language I would hesitate to use myself – but which almost always makes for extremely interesting, and often amusing, reading. If you are interested in the Canadian junior miners sector this should be must reading in helping you sort the wheat from the chaff: Click on http://incakolanews.blogspot.co.uk/ . The IKN daily digest is free, but Otto also publishes a paid weekly newsletter which offers specific investment advice.
I also read Ed Steer’s daily paid newsletter.s gives a somewhat right wing view on geopolitics and precious metals, but that covers angles often ignored by the mainstream media so is invaluable in highlighting aspects that one might otherwise not have access to without trawling through dozens of websites on a daily basis. It also carries daily informed commentary on what is going on in the U.S. precious metals futures markets.