No article found

Ainslie Daily News

Ainslie distributes up to the minute gold, silver and cryptocurrency news and gold price information that can give you deep insight into bullion and cryptocurrencies. Keep track of the US and Global economy, Gold and Silver operations/positions, International bullion purchasing sentiment, Cryptocurrency exchanges and international dialogue on blockchain.

You can also subscribe to our daily (and weekly) news feed via email. Enter your details here below if you'd prefer to receive your bullion and crypto news this way. Subscribers receive daily price positions and movements, as well as special product updates as they become available.

Subscribe to Our Newsletter

Daily or weekly emails with gold and silver price, bullion news and important economic events from around the world.

Daily or weekly news on everything gold, silver and crypto.

“Errors of thinking” could see a messy unwind

Posted | 23-Jun-2021 / Views | 606
  The Fed chair came out last night in his congressional hearing firmly reinstating his dovish stance after the market’s reaction on decidedly less dovish comments from 2 other Fed officials late last week. Powell again maintained his conviction that inflation is transitory and that it would be “very, very unlikely”... Read More...

A Confusing Time for Crypto

Posted | 22-Jun-2021 / Views | 1014
The last few weeks of crypto have been a rollercoaster. We have seen amazing news from El Salvador making Bitcoin a legal tender just this morning seeing that MicroStrategy has purchased a further 13,005 BTC ($550m), increasing their holdings to 105,085 BTC ($4.4b). Despite all this positive news, the price continues to go down. So, what's ... Read More...

Inflation Today, Deflation Tomorrow – The trap

Posted | 21-Jun-2021 / Views | 819
Longer term US Treasuries again fell Friday night as the bond ‘market of truth’ is sending an increasingly clear picture that it sees trouble ahead.  Importantly too, the yield curve is flattening, big time, with the long term 30yr yield crashing to a 4 month low as 2 year bond yields rose.  In other words whilst we might have... Read More...

Transitory Strong USD Gift to Gold Buyers

Posted | 18-Jun-2021 / Views | 1248
The fallout from the change in tone of the Fed Wednesday night continues with the USD continuing its march higher, shares faltering, bond yields falling and both gold and silver falling with them.  Crescat’s Tavi Costa tweeted some perspective: But regardless the market is swallowing the jawboning and that should always be cause f... Read More...

Talking about talking about…

Posted | 17-Jun-2021 / Views | 1152
Last night’s “most important” US Fed meeting clearly delivered a surprise to the market with basically everything except the USD tanking on the more hawkish than expected outcome of FOMC meeting.  Whilst, as all expected, they did not raise rates above the current 0.0-0.25% nor ease up on the $120b/month QE, a few members of ... Read More...

Most Important Fed Meeting in Powell’s Career – “Buy crypto, buy gold”

Posted | 16-Jun-2021 / Views | 1189
That’s how billionaire Wall St legend Paul Tudor Jones described tonight’s US Fed meeting.  The gravity of that should not be treated lightly.  Jones came to prominence when he was one of the few that picked the 1987 Crash and has since maintained somewhat of a midas touch literally amassing several $billions in the process. ... Read More...

BTC to Receive Upgrades

Posted | 15-Jun-2021 / Views | 907
This morning we saw BTC climb above $40k USD. A variety of factors are at play, but one reason may be that Bitcoin has confirmed its first upgrade in four years. Bitcoin miners—those who secure the bitcoin network and validate transactions in return for bitcoin tokens—approved the long-awaited upgrade, known as taproot, which is due ... Read More...

Fed hits $8trillion – UST yields Biggest Yearly Drop

Posted | 14-Jun-2021 / Views | 1041
Despite raging inflation prints last week, bond yields plummeted on Friday night making the cumulative drop in 10 year Treasury yields last week the biggest in a year.  The market is screaming it thinks this inflation is indeed ‘transitory’ or at the very least that the Fed will not ease or taper even if it is. It could also... Read More...

US Inflation Shock – Testing the Transitory Narrative

Posted | 11-Jun-2021 / Views | 1499
Last night’s much anticipated inflation figures out of the US came in even hotter than expected at 5% against 4.7% expected.  That is the highest headline inflation print since August 2008, just before Lehman collapsed.  More critically the core CPI surged to 3.8%, the highest print in nearly 3 decades, back to the 1992 recession. ... Read More...

China’s PPI Near All Time Record

Posted | 10-Jun-2021 / Views | 1194
China just sent a shockwave warning of potential trouble ahead with the worst PPI (Producer Price Index) or so called ‘factory gate inflation’ print since the GFC.  Coming in above already high expectations of 8.5%, the 9.0% print was also just shy of the all time record of 10% during the GFC.  However, the kicker was that CPI... Read More...

Central Bank Gold Holdings Survey 2021

Posted | 09-Jun-2021 / Views | 1155
One of the key determinants in establishing gold’s unwaivable value is the fact that so much of it is held as a reserve asset by most of the world’s central banks.  People hence often refer to central banks’ underwriting the value of gold.  Afterall they own around 35,400 tonne of the estimated total of 180,000 tonne eve... Read More...

Bitcoin Adoption Ramping Up

Posted | 08-Jun-2021 / Views | 854
El Salvador's President Nayib Bukele has announced through his Twitter account that he plans to make Bitcoin, the original and premier cryptocurrency, as a legal tender in their country. If the El Salvador President's proposal goes through, El Salvador will become the first country in the world to legally use Bitcoin as a digital legal tend... Read More...

Goldilocks US Employment Good For Gold

Posted | 07-Jun-2021 / Views | 846
After the better than expected jobless claims we discussed Friday, the US nonfarm payrolls came out on Friday night and fell below expectations but was strong enough to maintain faith in an improving economy.  It was the quintessential ‘goldilocks’ outcome. Against expectations of a 671K print, the US added just 559K jobs in May... Read More...

USD Spikes PM’s Fall – But ‘Impossible Trinity’ Remains

Posted | 04-Jun-2021 / Views | 1225
Last night saw the biggest daily gain for the US dollar since September last year on the back of better than expected employment figures via the ADP ahead of the all important NFP employment figures tonight. The USD index jumped 0.65% and back above 90 to 90.5 (see chart below).  The spike saw nearly all financials in the red and USD gold smac... Read More...

World’s Top 3 Gold Producers Fall in Q1 & Australia Closes the Gap on China

Posted | 03-Jun-2021 / Views | 1148
Amid a strongly rising gold price and renewed investment demand it is instructive to look at what’s happening with supply.  After all, on the equation of supply, demand and price, increasing gold demand, as appears set to continue, may matter less if supply too is increasing. We must at this point caveat that last statement with the r... Read More...

In Gold We Trust annual – “Monetary Climate Change”

Posted | 02-Jun-2021 / Views | 1127
The annual In Gold We Trust report has become the most eagerly awaited independent analysis and commentary of gold and silver markets.  This week it was released and today we provide links to both the compact and the full 346 page version together with a video of highlights.  Longer term readers will recall we previewed it back in March h... Read More...

Institutional “Diamond Hands”

Posted | 01-Jun-2021 / Views | 1048
Bitcoin is on track for the second-biggest monthly percentage decline on record, despite bouncing from session lows in Asia. The 37.5% decline in May 2021 is beat only by September 2011's 40%. Let us explain why that may be great for building your portfolio… BTC changed hands near $36,200 at 9:00 am UTC, representing a 37.5% loss for ... Read More...

Silver Demand Explodes – Industrial AND Investment

Posted | 31-May-2021 / Views | 1506
The web was aflutter over the weekend with news that the US Mint released an “important update” stating “The global silver shortage has driven demand for many of our bullion and numismatic products to record heights” and “In the interest of properly rectifying the situation, the Mint is postponing the pre-order windows... Read More...

Early Days for Precious Metals

Posted | 28-May-2021 / Views | 1779
Yesterday we shared an excellent report from Crescat Capital about the economic setup in the US particularly around the impacts leading to inflationary pressures and what that means.  Topically, overnight we learned that Biden is proposing federal government spending to jump to $6 trillion next year, the highest since WWII. Today we share Cres... Read More...

The Three Pillars of Inflation

Posted | 27-May-2021 / Views | 1240
A longer one today but an excellent piece from Crescat Capital on what we might expect to see from here in the US which both portends similar outcomes here in Australia but also will directly affect Australia via the effects on the US regardless. “We strongly believe investors will want to get positioned now for the Great Rotation which is... Read More...