Will today’s key CPI report be a catalyst for gold $2200+, or will the world’s greatest metal and money finally take a bit of a breather? The last CPI report was negative for gold, but the PPI and PCE were very positive.
A week ago, I urged all gold bugs of the world to prepare for the US PCE inflation report to act as a “Golden Trigger” for gold, silver, and the miners… and that’s exactly what has transpired!
With Thursday’s US PCE report dead ahead, whipsaw action could be a big gold market theme this week.
Getting more money is what investing is all about. Gold is the money of kings (and gold bugs!). It’s the greatest money, and all investors should want more.
Today’s US CPI report will be released with Chinese markets closed for a “Golden Week” holiday. The lack of liquidity means wild price action is likely when the report is released, but the big picture is unchanged and is of course best...
Can pigs fly? Perhaps they can, but with US stock markets soaring and wage pressures intensifying, it’s very hard to see the Fed engaging in aggressive rate cuts.
A global markets rebellion? Can it really happen, and how should citizens of the world prepare to handle it?
Gold, silver, and the miners are off to a rough 2024 start, but could that be about to change? The answer is: Yes.
With a CAPE (inflation-adjusted P/E ratio) number that Icarus would have a hard time reaching, the US stock market is ripe for a major fall.
From a liquidity flows perspective, this year is off to a fabulous start for gold bugs of the world. Back in 2015, I received many emails of concern from amateur precious metals investors. What was the concern? The concern was that...