Latest News and Articles
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Gold Market Report – May 13, 2024
Overnight: After surging from $2304 to a 3wk high at $2360 (resistance at down trendline from 4/12 $2432 ATH held) in its last 2 sessions, gold pulled back overnight. The yellow metal retreated in a range of $2365 – $2339, and fell below Friday’s $2345 low. Gold’s decline was buffered by a modest decline in…
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Gold Market Report – April 09, 2024
Last Night’s Activity Gold continued to soar last night, making 8th straight sessions of all time highs and reaching $2365. Market tone remained nervous and choppy – to be expected of a market making ATHs – as it traded between $2338 – $2365. While gold has largely ignored a fairly firm dollar (which remains near…
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An April Fool’s Guide to (Not) Investing in Gold
A Comprehensive Guide to (Not) Investing in Gold Gold prices have soared to record heights, thanks to robust buying from central banks and investors from the East. Yet, there remains a peculiar standoff as many Western investors remain on the sidelines — armed with a litany of justifications to avoid the joys of gold ownership.…
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Market Euphoria: The Temptation and Risk of the Bull Market Dance
“As Long as the Music is Playing, You Have to Get up and Dance” This memorable and now infamous quote by CEO Chuck Prince, describing Citigroup’s commitment to leveraged buyouts in the summer of 2007 as the sub-prime meltdown was unfolding, resonates as a cautionary tale. In congressional testimony, Prince later defended his statement and…
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A Pragmatic Approach in an Overvalued Market
The Conundrum of the Gloom and Doom Prediction: A Pragmatic Approach As some of you know, I also serve as CEO of Wealthion, a sister company of Hard Assets Alliance. The Wealthion YouTube Channel has been accused of featuring too many “gloom and doom” guests (yet these “G&D” videos typically get more views than their…
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Year in Review: Navigating Challenges with Wisdom and Gratitude
As we close the book on 2023, it is important to reflect on the year’s considerable challenges. We began the year with a continuation of 2022’s economic uncertainty, soaring inflation, rising interest rates, as well as war, dysfunctional government, societal divisiveness, and climate volatility. Throughout 2023, not a single issue on this list has meaningfully…
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Gold’s Inevitable Rise in Today’s Multipolar World: A Must-Read Analysis
I recently attended a major pension fund conference where a number of highly decorated speakers shared their perspectives about the present global geopolitical and economic terrain. Although gold was not the centerpiece of these discussions, the synthesis of insights from these renowned thought-leaders bolstered a simple yet profound case for gold. The Inexorable Case for…