Gold is driven by market sentiment, the only constant in the gold market which allows one to...prognosticate the gold price trend in any reliable and consistent manner.
Flawed jobs reports will keep the Fed tightening long into the recession. By the time Powell figures it out, he will be surprised to find out how weak labor really is.
Between inflation and innovation, in a peace dividend, innovation wins. It’s possible today’s conflicts work out peacefully. Consider that scenario in investment planning.
Melted down, all the mined gold in the world would fit into four and a half Olympic-sized swimming pools. Gold is scarce and that's part of what gives it its value.
The minimal selling and significant number of gold purchases in April indicate that the slowdown in net central bank gold buying in March was an anomaly.
The Fed will tighten us into a recession, even as it forms, because it will be slow to recognize this "stealth recession," masked by tight (and misleading) labor data...
