June’s lull comes before gold’s sequential seasonal autumn, winter, and spring rallies, making early summer a good time to add positions. This year’s doldrums setup is quite bullish.
I don’t doubt that the US could impose foreign exchange controls as the dollar gets weaker. The country is becoming socially, financially, economically, and politically unstable.
If oil started shipping out of Iran, it wouldn’t arrive here in time to stop oil supply from going critical later this month. That level of shortage is already a fait accompli.
Whether driven by war-related spending, monetary expansion, or a combination of both, Maharrey believes the conditions are in place for another major inflationary surge.
The FBI allegedly found that Rush made several requests to the government to obtain a “significant quantity” of foreign currency, as well as tens of millions of dollars in gold bars...
Gold involved in BIS swaps is believed held by a commercial bullion bank -- probably as a custodian of a gold exchange-traded fund -- and is swapped for dollars via the BIS...
While many mainstream analysts claim continued spending demonstrates the “resiliency” of the American consumer, desperate would probably be a better term.
Ira Epstein discusses the current state of the metal markets and provides insights into recent market movements, including a strong rally in stock indices...
