The declines in gold and silver are continuing, although gold has exhibited stubborn resistance to silver's downside lead. Gold's potential for a huge price decline is not obvious to most investors because they focus on the assumed...
The Fed first announced a shift in emphasis regarding price stability and interest rate policy in March, 2022… “In support of these goals, the Committee decided to raise the target range for the federal funds rate to 1/4 to 1/2 percent and...
New lows for gold, silver, and bitcoin continued last week. Gold (spot) broke below $4,000, dropping as low as $3959 on Wednesday before closing at $3998. A small rebound brought the yellow metal up to $4088, where it closed in New York on...
In a previous article, New Closing Lows For Gold And Silver, I said the following... "Irrespective of all the 1) fundamentals, 2) proclamations about what is different now, and 3) justifiable arguments and expectations for much higher...
Yes, the complete title is technically incorrect. However, I want to emphasize a point. Whatever we think the bond market is telling us might be dwarfed by what goes unnoticed by most observers.
All kidding aside, the amount is startling, if not staggering. Berkshire Hathaway now holds $350 billion in cash and Treasury bills. The amount represents 30% of total assets. What is the thinking that led to this accumulation of cash, and...
Apparently, the marketing displays (DAIRY AND EGGS) in retail grocery stores still have shoppers and consumers convinced that “eggs” are “dairy”. After several decades, why would they not believe it? It does not matter whether or not there...
Spot gold closed Friday in New York at $4490 and spot silver closed at $67.69. Both prices were new closing lows for the two metals.
Occasionally, I have asked ChatGPT for its thoughts on certain topics with the intention that it might provide additional perspective to the subject at hand. I did so again. This time I asked about the gold price and what might be expected...
The past year has been wild and crazy for both gold and silver. After peaking at about $120 oz. scarcely one week ago, silver gave up almost 40% of that in one day, with an intraday low at $73. A strong reversal to the upside brought the...