Ideas and analysis on money, markets and the world around us.
US equity markets seem ripe for a significant pullback, or even a severe bear market, with bond yields unlikely to fall much before rising again. If so, how will it play out for gold? The Fed’s 50 basis point cut in its…
Read the articleAfter a bullish performance last week which took gold to new highs, will it hold on to them, or is a correction overdue? Read on… This week, gold and silver consolidated recent rises with gold trading at $2608 in early…
Read the articleFor years, bulls of gold and silver have complained about how derivatives have been used to suppress their prices. Their dreams of the practice ending could be coming true. Introduction If you think about it, there is a…
Read the articleNot only are the charts foretelling higher prices, but runaway US debt and increasing threat of an all-out war against Russia are fuelling a global panic out of dollars into gold. Gold finally broke out above its tight…
Read the articleThe annual BRICS summit is only six weeks away. It is assumed that a new 40% gold-backed trade settlement currency called the UNIT will be on the agenda. I don’t think it will and I offer an alternative. The half-baked…
Read the articleWhile the resilience of gold and silver prices puzzles western capital markets, the Asian hegemons take a different view, continuing to dump fiat for gold. Now Russia is investing her surplus oil revenue While gold and…
Read the articleGold’s story has been all about insatiable Asian demand. But there are now signs that driven by a falling dollar, paper gold traders are joining the bullish camp. Gold and silver were in a holding pattern this week,…
Read the articleOf all the dangers that threaten the global financial system, the one most likely to topple it is the US Government’s debt trap. This article explains how and why it is becoming inevitable. According to the US…
Read the articleShort-term, Powell’s Jackson Hole speech later today will determine both gold and the dollar’s moves. But their underlying trends are clear: the dollar’s is down, and gold’s is up. Gold and silver consolidated recent…
Read the articleDespite trying everything to shake out the bulls, establishment traders on the short tack have failed. And as the canary in the mine, silver catches a bid… This week, gold continued to consolidate close to its all-time…
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