The US has reached the classic stage when it has become a reckless bully and its support structure of allies has begun to de-couple as a result.
The Precious Metals Week in Review – May 3rd, 2024
Gold is at an inflection point post-Fed with prices pulling back on improved market sentiment and lower safe-haven demand.
The Precious Metals Week in Review – April 26th, 2024
Gold fell as geopolitical tensions eased in the Middle East, paring safe-haven demand, and traders looked ahead to U.S. data that will shed light on the outlook for monetary policy.
The Precious Metals Week in Review – April 19th, 2024
Gold is considered a unique asset due to its enduring value, historical significance, and application in various technologies like computers, spacecraft, and communications equipment.
The Precious Metals Week in Review – April 12th, 2024
Gold and silver prices are sharply higher, with gold hitting a record high and silver a three-year high. The general marketplace is very uneasy heading into the weekend, as geopolitical tensions have heated up just recently.
Capitalism Has Failed
Capitalism Has Failed.
Article by Jeff Thomas.
The Precious Metals Week in Review – April 5th, 2024
1. As gold set another record high, Canadian mining legends Frank Giustra and Pierre Lassonde say the West has lost its power to set the price of gold. With gold futures hitting another record high of above $2,324.80, Giustra and Lassonde pointed to a major shift in the gold market. “The world hasn’t woken up…
The Precious Metals Week in Review – March 29th, 2024
1. Gold prices are sharply up in midday U.S. trading Thursday, near the daily highs, and are closing in on the recent record highs. Silver prices are modestly higher. More technical buying is featured in both metals, amid bullish charts. June gold was last up $27.10 at $2,239.90. May silver was last up $0.198 at…
The Precious Metals Week in Review – March 22nd, 2024
1. The gold market remains under pressure but continues to hold support above $2,150 an ounce even as the U.S. housing sector shows some signs of stabilization as construction of new homes picks up. However, gold surged above $2,200 an ounce this week for the first time as investors grew more confident about the Federal…
How Close Should Your Wealth Be?
Recently, an eminent gold adviser whom I know and have a high regard for, stated that holders of precious metals would be well-served by keeping their metals in a remote location, saying, “distance equals security.” (He lives in the US and recommends storage in New Zealand, as it’s as far away from him as possible.)