While the gold price is in the short-term doldrums (after a massive rally over the past year), the world’s most savvy gold bugs are buying maniacally.
Gold continues to march higher from the $2550 buy zone, and silver is beginning to look like the short-term leader of the precious metals pack.
The coming Trump presidency is likely to be exciting, but a lot is unknown. Investors need solid tactics to handle commodities, the stock market, bonds, crypto, and of course supreme money gold.
The financial markets action has been quite volatile since the election of “wild man” Trump and his team… and it could get wilder if tomorrow’s PCE inflation report shocks the market.
The allure of gold is timeless, and the goal of every investor should of course be… to eagerly get more of it.
Is the US stock market now in a blow-off stage, like in 1929? If so, how will the coming collapse affect gold, silver, and mining stocks?
Today is the US election. It’s unlikely to change the fact that fiat has failed… or change the disturbing fact that most Western citizens still have no gold.
Sadly, investors in the West have what is perhaps best described as a cave dweller’s primal urge to get more of their government’s barbaric fiat. In contrast, in the rising and massively populated East, the focus is on getting more gold…...
After surging about 50% from my $1810 buy zone in October of last year, gold is finally getting some mainstream media attention.
The bulk of the price discovery process for gold relates to savvy Western commercial traders keying off physical market demand versus mine and scrap supply.