Just in case you've forgotten (or weren't around yet), the mid-1970s were marred by stagflation, the cost of living in rampant rise whilst the economy suffered demise. Specific to the three-year run from 1973 (and its intolerable lines for...
How was that for a precious metals' Happy New Year? For 2022's opening five-day stint, Gold traded down as much as an annoying -2.7% and Silver an indecent -6.0%. And yet in commencing this 22nd year of the 21st century, we've had far...
Welcome to next year: 'tis here. And we got that which for we anticipated across Gold's final five trading days of 2021: an "Annual Finale Rally", successfully so for the now 18th time in the past 21 years.
With but five trading days remaining in 2021, Gold -- as we'll show -- traditionally is the gift that keeps on giving into year-end. But first, we've this: The last time 25 December arrived on a Saturday was 11 years ago in 2010:
'Twas a week of hope for the precious metals, Gold therein rising low-to-high from 1753 to 1816 (+3.6%) and Silver per same from 21.41 to 22.69 (+6.0%). But given Gold is never really supposed to stray too far from the 1780s, let alone...
Without looking... Think quick! What is the price of Gold right now? (HINT: If you read last week's missive, you already know the answer).
In completing its 48th trading week of 2021, Gold settled yesterday (Friday) at 1784. 'Twas the eighth week this year that Gold has settled in the 1780s (the first occurrence being on 19 February). Indeed, Gold's median weekly settle price...
Five key points right off the top: Indeed literally at the top: the above Gold Scoreboard displays valuation having crossed above the $4,000/oz. threshold; and yet you can own Gold for a fraction of that at $1,792/oz given yesterday's (...
As time is at a bit of a premium for penning this week's missive, (even as Gold is priced at a massive discount by valuation), let's jump right in. The macro question at large we oft receive is: "How come Gold isn't much higher with all...
Let's start with October's Consumer Price Index (CPI) as reported by the U.S. Bureau of Labor Statistics: its excitedly-disseminated reading was +0.9% (which annualized is a whopping +10.8%). "Oh, 'tis the worst in 30 years!", they say. "...