Ideas and analysis on money, markets and the world around us.
Bull markets in gold and silver, or more accurately the dollar’s disaster, resume as demand mounts ahead of the Fed’s FOMC meeting next week when a cut in rates is expected. This morning, gold and silver ventured into…
Read the articleThere’s growing appreciation that the gold and silver bull has returned, though the reasons justifying it may not be apparent. But this week’s price action is an important turning point. There are important factors in…
Read the articleGold and silver are ready to break into new highs as investors increasing lose faith in the dollar. Bear squeezes in gold and silver are now driving prices, which look set to move higher. For decades, the expansion of…
Read the articleQuiet conditions in precious metals belie explosive upside potential, given a government bond market crisis developing in all major currencies. In quiet trading, the current consolidation phase in precious metals…
Read the articleExpectations for Trump’s meeting with Putin in Alaska have been downplayed but diverted attention from a stalling US and global economy. Any independent observer will note that the outlook for the dollar is…
Read the articleLack of physical liquidity is putting a bear squeeze on gold, silver, and platinum group metal derivatives. After a bullish consolidation, gold, silver, and PGMs are set to resume rising. Gold improved on last Friday’s…
Read the articleTrump backing off on copper is hitting all metals. US tariffs are in disarray and are backfiring badly on the US economy and the dollar. The case for gold and silver is even stronger. With Comex’s August contract…
Read the articleTechnical analysis alone points to gold rising rapidly to at least $4300 by year-end. No wonder platinum, copper, palladium, and silver are front-running gold. Gold continued its three-month consolidation this week,…
Read the articleSilver swaps are facing a short squeeze in poor liquidity, with lease rates on the September Comex contract at over 5%. Gold continues to consolidate in a bullish pennant formation. This week, gold continued its…
Read the articleFor the first time in recent trading sessions, overnight demand from Asia drove gold and silver higher this morning. It should be a wake-up call for western bullion markets. Gold was almost unchanged over the week, but…
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