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Friday Edition: September 6, 2024

Gold’s Demand Comeback

As this AI stock bubble inevitably bursts, American stock investors will remember gold.  Shifts back to gold-ETFs will supercharge gold’s gains. Gold stocks will fly on that.

Is Gold in the Beginning Stages of a Bullish "Supercycle?"

The yellow metal is up over 21.6 percent this year, ranking among the best-performing assets. Along the way, it has hit new all-time highs more than 20 times.

Russia to Dramatically Increase Its Gold Purchases... Why?

The Russia News Agency announced it will increase its gold purchases from 1.12 billion rubles per day to 8.2 billion rubles per day over the next month.

My Excursion with PutinProp

Labor reports are all over the place in such confusion that it almost looks as if they are all trying to head-fake each other.

Does Gold Care About Payrolls Data?

Non-Farm Payrolls data is closely watched this week as it will reveal how significant a rate cut the FOMC might commit to at their September meeting in two weeks.

Gold Safe Haven Idea Now in Play

Now as we come here, we can see how the market keeps coming back and fighting its battle wide in there. Very interesting battle that is going on.

Thursday Edition: September 5, 2024

Fortitude Gold Declares September 2024 Monthly Dividend

The company declares its monthly dividend of $0.04 per common share payable on September 30, 2024 to shareholders of record as of September 19, 2024.

Russia to Increase Its Gold Purchases by WHOPPING 732%. The West Will Have to Answer by Gold Hoarding

According to recent reports, Russia and China have turned to using gold as a means of payment for goods due to mounting challenges in conducting traditional banking transactions.

Central Bank Gold Buying Trends and the Federal Reserve's Inflation Strategy

In July, global central banks added 37 tons of gold to their reserves—a staggering 206% increase from the previous month. 

The Difference Between ‘Share Price’ and ‘Market Cap’ - Vitally Important For Mining Shares

The difference between ‘share price’ and ‘market capitalization’ is stark. An investor will not know how much they're paying for a business without distinguishing between the two.

A Stall in the Metal Break but No Sign of Turnaround

The question is, what does the market want to do? Because it's not trending. What you have is a pattern of a higher high, this $2564.30 was higher than the previous high.

Wednesday Edition: September 4, 2024

Trump and Harris Ignore a Great Danger Facing America

The truth is that income belongs to the people who earn it and that saying tax cuts cost the government is like saying burglar alarms cost thieves.

It’s Stock Carnage and Rampant Stagflation Everywhere, but the Economy Is Booming!

Despite optimism from GDP reports, manufacturing and construction spending fell short of expectations, squashing hopes for a significant economic rebound.

Sentiment Speaks: Silver Is Set Up To Shine

Silver topped in April of 2011, whereas gold continued to rally until it struck its top 5 months later in September. So, I think Silver is now going to make an attempt to catch up.

Central Bank Gold Buying Doubled in July

Central bank gold buying more than doubled in July, as policymakers showed a continued commitment to increasing the percentage of yellow metal in their reserves.

Structural Inflation & The Roaring 2020s

While gold is vulnerable to a small “all the good rate news is in” swoon around September 18, it is the world’s greatest asset and currency.

Copper Crashes off Lack of Chinese Demand

There is no trend and gold is working off an overbought condition. It's past tense. With the market down, it's worked off; it is no longer in overbought territory.

Asian Metals Market Update for 4th September

India will soon make hallmarking of 9-karat gold jewellery mandatory. This was prompted by Gen Z's preference for more affordable gold jewellery.

Tuesday Edition: September 3, 2024

U.S. Presidents on Sound Money: A Historical Perspective

Sound money, typically tied to precious metals like gold and silver, serves as a safeguard against inflation and government overreach in monetary policy.

Gold SWOT: Gold’s Record-Setting Rally Above $2,500 an Ounce Looks to Have Further to Run

Gold looks to have further to run as the Federal Reserve prepares to chop rates, traditional drivers such as lower yields return, and Western investors pile back in.

What is Sound Money? A Comprehensive Guide

Sound money is a concept that refers to money that retains its value over time and provides a stable foundation for economic transactions.

Asian Metals Market Update for 3rd September

Volatility will be very high and/or there can be some very sharp two-way price moves in all metals and energies.

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