Ideas and analysis on money, markets and the world around us.
Foreigners increasingly distrust the dollar, which is why central banks, the ultimate insiders are selling them for gold. The decline in the $ has not been noticed by Americans — yet. The chart above prices the dollar,…
Read the articleThe febrile condition of all asset markets headed by rising G7 bond yields is leading to uncertainty for gold and silver prices. One last sell-off is a golden opportunity for stackers. For the first half of this week,…
Read the articleNotably in silver, bear squeeze conditions were evident this week. The likelihood of the bull market returning is now strengthened, particularly given gold’s improving prospects. The classic conditions for a bear…
Read the articleWith open interest down to multidecade lows, trading in silver is the risk no one is prepared to take. Market-makers make wide prices and speculators are not prepared to play. Open interest in both gold and silver Comex…
Read the articleAn uneasy silence has descended on gold and silver, but the forces that will drive them higher are mounting. Both metals are being rapidly drained from paper markets. The monthly cycle of Comex contract expiry has come…
Read the articleIn short supply already, anyone can see that demand for gold and silver will increase substantially. Yet markets are worryingly complacent, and it’s not just in precious metals. Surreal hardly describes it. Equities are…
Read the articleThe controversy is now about escalating risk and how to hedge it. Let’s make something clear before addressing this question: regulators train and legislate investment managers into believing that gold is not the way to…
Read the articleFinancial instability is about to get much worse making the short-term outlook for gold and silver uncertain, but long-term being reaffirmed. It is a buying opportunity for the brave. This week’s market action Until…
Read the articleIt’s clear that as the war rages on, the dollar will be a casualty and gold benefit. But the bullion banks need to square their books for the ride. That’s what markets are about. Looking at the silver chart below, it…
Read the articlePaper gold and silver have sold down in very light trade. The bullion establishment is scrambling to close its shorts and go long as the outlook for gold gets increasingly bullish. The chart below shows that gold could…
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