Geopolitical uncertainty, labor market data, inflation expectations, and shifting Federal Reserve policy expectations have all contributed to the heightened volatility.
It is in the best interest of the United States to abandon claims on Hormuz – which is thousands of miles away – and live with the consequences of Trump’s mistake.
Business models built around aggressive sales tactics and “special” products carrying massive markups over the bullion spot market price create incentives that work against the customer.
Even as we're feeling thwarted by daily events, we should remember that when GATA got into this crazy sector 27 years ago the gold price was less than $300 and silver was under $5.
