We are currently in the midst of the latest round of projections for new highs in the gold price. Those projections are more the result of anxious anticipation and elevated emotions rather than real fundamentals.
Expectations for gold to move higher in price are often tied to worsening inflation and a possible collapse in the U.S. dollar. That sounds logical and there is historical precedent to support such expectations; but, some clarification is...
What we know about gold is simple and straight forward. Gold is real money and a long-term store of value. Gold’s value is in its use as money. Its price has nothing do with its value. In fact, the price of gold has nothing to do with gold...
In the world of “all things gold”, every event is viewed within the context of how it will affect gold prices – on the upside. Earlier this year, it was bank failures. Before that and since then, the focus was/is on the Fed with regards to...
Investors and others often use the term geopolitical to describe investment risk arising from various conflicts between individual countries and, also, among nations in general on a worldwide basis.
Gold continued its downward path this past week and all but confirmed that lower prices are ahead. Below is a chart of price action dating back to the peak in 2020…
While everyone else twiddles their thumbs and waits for the next missive from the Federal Reserve, the bond market has spoken loudly and clearly about the near-term (and, possibly long-term) direction of interest rates.
Silver bulls have for decades made the argument that the white metal is underpriced relative to gold. Their enthusiasm is fueled by expectations for a return to the original fixed ratio of 16:1 in favor of gold.
The renewed threat of trade tariffs by various presidential candidates is a clear and present danger to free trade and the world economy.
The closing price for spot gold in New York today is $1915. Forty-three years ago, in May 1980, gold was priced at $515. Being somewhat generous, and since gold has been higher (above $2000) recently, we might say that the gold price has...