End of inflation is inevitable. At first, the statement above may seem counterintuitive; especially in light of the ongoing increase in the cost of goods and services experienced recently that seem to have no limit.
Whatever enthusiasm investors have remaining for their gold stocks holdings must be waning rapidly, if not already dissipated. Below is a year-to-date chart (source) for GDX (VanEck Gold Miners ETF) showing the latest swoon in prices…
When gold was trading above $2000 oz. in the summer of 2020 the yellow metal was receiving its fair share of attention. After a low point just under $1050 oz. in December 2015, the gold price had doubled in four and one-half years and...
For the most part we are the beneficiaries of orderly financial markets. For more than two hundred years market makers and traders have bought and sold – for themselves and in behalf of others – without long-term disruptions to the...
Advisors and marketers are ecstatic:... "Nothing will be able to stop gold when it breaks to a new all-time high" or "On the cusp of a breakout where gold can go up to $5000" are two examples of recent exclamations about prospects for...
Gold’s nasty divorce from the U.S. dollar was finalized in August 1971 when President Richard Nixon suspended any further convertibility of U.S. dollars into gold by non-U.S. citizens. That action removed any remaining links between the...
Every time gold stocks hiccup to the upside, there is a groundswell that emanates from the depths of disappointment and disillusionment. Promoters use words like exhaustion and capitulation to describe the conditions surrounding what they...
Below are my comments and answers to various questions about gold, inflation, and the Federal Reserve. They are “for the record” so to speak, and are meant to be taken literally and specifically…
As investors and others continue to jockey for position in order to announce that “the bottom is in for gold” or that “gold owners received an early Christmas present” or “crypto failures will translate to higher prices for gold”, it is...
We think we know most (if not, all) of what we need to know about gold. Investors do their research and marketers spin their best yarn(s). Support is offered with an amazing array of fundamental and technical factors on display for all to...