Positions as of 21 April, 2026
American stock investors still have vast room to buy gold, which has unique essential portfolio benefits. Silver usually follows gold and amplifies the yellow metal.
Unfortunately, since governments don’t produce, the only way they can survive (barring conquering and looting a foreign country) is to tax, borrow, and inflate their fiat currencies.
It seems like there’s a very good chance of a further increase in the oil price...which could mean more near-term downside for gold and silver.
Maybe trying to time your investment decisions right now isn’t the most sensible move. Instead of asking when to buy, it asks why you’re buying in the first place.
Ira Epstein covers various economic indicators expected to be released, such as jobless claims and manufacturing PMIs, and their potential impact on markets.
The consolidation period will be over in gold and silver, and a new range will be formed soon. On the higher side, in my view.
