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Monday Edition: September 28, 2026

Bonds Break Badly; Bad News For Investors

Imagine having $1MM in U.S. Treasury bonds earning 1.4% six years ago. After collecting meager interest of $14,000 per year, your $1MM is now worth $430,000.

Unstable Mountains: A Landslide is Ready to Happen!

Those fake profits that all the market makers claim are evidence of a “strong business economy” will instantly turn into losses when the terrain starts sliding downward.

Gold SWOT: Ramelius Resources Raised Its FY27–30 Production Outlook by Approximately 5%

Midtier gold producers could increase production by approximately 80% through 2030, while senior producers continue to face challenges replacing depleted reserves.

Technical Scoop: Debt Chart, Gold Falter, Yields Up

Our line in the sand for gold is down at $4,100. We believe that needs to hold. Under $4,000 a bigger drop could get underway. To the upside, $4,600 is elusive.

Selling Pressure in Metals

Ira Epstein discusses the current state of the metal markets, noting a decline in metals and a rise in the dollar and energy markets, excluding natural gas.

Sunday Edition: September 27, 2026

Hong Kong to Launch Yuan-Denominated Gold Futures Contract

Over the past week, officials have announced several measures, including a yuan-denominated gold futures contract, with the goal of further positioning Hong Kong as an international gold hub and raising the yuan's global status.

Awaiting the Pivot Back to Precious & Critical Minerals

After a stellar 2025, 2026 has seen a pivot away from precious & critical minerals, as we await a new pivot

Still Lower Gold Ahead

Ongoing war and inflating rates continue to play havoc with the Gold price, which just recorded its fourth down week in the past five.

Dow-to-Gold Ratio and Gold’s Repricing

In 2011 it took 6 ounces of gold to buy the Dow. It now takes 12 ounces of gold to buy the Dow.

Don’t Be Lulled Like the Dulled Markets by Glowing Headlines

In the escalation trap strategy, the weaker party (militarily) seeks to make itself the reasonable party in the world’s eyes, as it is just defending itself, even as it ratchets up its own military responses anytime the stronger party makes another attack.

Gold Stocks: Juniors Have The Edge

Technical stock chart updates on $GDX, $REMX, $GDXJ, $SU, $TQQQ, $LIO.v and more

Reversing Financial Repression

There are many that are characterizing the current rise in interest rates, especially longer-term rates, as the return of the bond vigilantes concerned about rising government debt and interest rate costs. And there is certainly reason to be concerned.

Friday Edition: September 25, 2026

Gold Stocks Overlooked

Smaller gold stocks’ technicals and fundamentals still support big gains to come. A young new bull market sure looks to be getting underway. The mid-tiers and juniors recently blasted higher...

Chinese Gold Imports Hit Highest Level in Nearly a Decade

Jinrui Futures Co. analyst Zijie Wu said strong investment demand has kept the gold price at a slight premium in China, incentivizing imports.

Trading Russia for Canada

US diesel prices topped $6.50 a gallon, setting a new record. The situation is so dire that Republicans are squabbling among themselves over a potential ban on US diesel exports...

Diesel Crisis—and What It Means for the Economy

Higher diesel prices mean higher costs for everything. Most people think that that’s a cause of inflation. It’s not. Inflation is a purely monetary phenomenon.

The Warning That Did Not Get the Coverage It Deserved

Georgieva was not talking about gold. She was talking about what happens to an economy that has spent seven months absorbing an energy shock and is only now beginning to pay for it.

Merk: Don't Give Up Your Gold!

Merk also said a potential AI bust could also prove bullish for the yellow metal, noting that debt is the primary driver behind the artificial intelligence investment boom.

New Highs in Interest Rates Not Good for Metals

Ira Epstein discusses the current state of the metal markets, noting that metals are struggling to hold their ground amidst declining stock markets.

Asian Metals Market Update for 25th September 2026

I am spooked that the key reason for the current copper price rise is largely due to an increase in copper in CME warehouses and other unknown warehouses in the USA.

Thursday Edition: September 24, 2026

Copper and Gold Senior Merger and Acquisition Activity

The gold sector is experiencing an unprecedented cash flush. Rather than drilling, majors are utilizing their high stock valuations to swallow tier-one mid-caps.

COMEX Silver Withdrawals Raise Questions as Physical Demand Builds

Silver is on track for its sixth straight annual supply deficit, meaning demand is exceeding newly mined and recycled supply.

China GOLD Imports Surge Amidst US Debt Market Meltdown

China's once again starting to import a staggering amount of gold, but while they're doing that, back in the West, the U.S. debt crisis is entering a new level of concern.

Metals: Weekly Chart Fall to 18-Day Moving Average of Closes

Ira Epstein emphasizes the impact of recent geopolitical developments on global markets, particularly noting the fluctuations in the gold market and the broader stock market's reaction.

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