Blog
Mayday on May Day
For many of our clients and readers, today marks the beginning of a three day weekend as we head into the May Day Bank Holiday, a date observed across much of the world. It carries different meanings depending on where one stands, from pagan celebrations of spring through to International Workers’ Day. In some countries […]
Deutsche Bank Just Said Gold Is Going To $8,000
Gold is trading higher again today, holding above $4,600 as markets digest slower-than-expected U.S. growth and persistent inflation. On the surface, it looks like a long-term familiar story: steady demand in an uncertain macro environment. A report from Deutsche Bank released earlier this week suggests this is a growing structural issue, which may result in […]
$309 Silver Right Now: The Forecast That Actually Makes Sense
Today’s video tackles one of the most eye-catching forecasts of the year which is the much cited Bank of America calling for $309 silver. More on that shortly. Today both gold and silver are lower on account of stronger US data and markets awaiting the conclusion of the Federal Reserve’s FOMC meeting this afternoon. Earlier today the Bank […]
The Oil Shock That Hasn’t Happened Yet
In the desert, a mirage convinces you relief is just ahead. The horizon bends, the heat makes the air appear to shimmer, and what looks like water turns out to be nothing more than heat and distance playing a trick on the eye. This metaphor came to mind again this week, as I found myself […]
The Question Every Gold & Silver Investor Gets Wrong Right Now
At the time of writing we can see that both gold and silver are under pressure again today. Prices have slipped as a stronger U.S. dollar and rising Treasury yields weigh on sentiment, with gold pulling back and silver seeing sharper losses. At the same time, geopolitical tensions remain elevated, particularly in the Middle East. […]
Iran, Oil & Famine: How Bad Can It Really Get?
Today’s data presents a picture of resilience that sits somewhat uneasily alongside the geopolitical backdrop, with U.S. retail sales rising by 1.7% in March, comfortably ahead of expectations and reinforcing the view that consumer demand remains strong, and that the Federal Reserve may have less urgency to cut rates than markets had previously assumed. In […]
The Regulatory Battle to Make Gold a Bank Asset Just Hit a Major Turning Point
At the time of writing gold continues to trade above $4,800 per ounce, holding firm despite a noticeable lack of follow-through buying. At the same time, stronger-than-expected U.S. economic data has tempered immediate recession concerns. The Philadelphia Federal Reserve’s manufacturing index rose sharply in April, while jobless claims declined again, suggesting that parts of the […]
The Gold Market Explained (What Most Investors Get Wrong)
Gold moved higher this morning as markets assessed a fragile ceasefire between the United States and Iran, with investors weighing whether tensions in the Gulf will ease or escalate again. The move has been supported by a softer dollar and continued uncertainty around oil flows through the Strait of Hormuz, while attention now turns to […]
Central Banks Are Selling Gold.Here’s Why That’s Bullish
At the time of writing, gold and silver are sharply lower again. This, despite escalating conflict in the Middle East, rising oil prices and renewed volatility across global markets. In other words, the environment appears, at first glance, exactly the sort in which gold should be performing well. This is frustrating many investors. The traditional […]
