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Wednesday Edition: April 24, 2024

How the Founding Fathers Predicted the Economic Problems of Today

The founders recognized the "evils" of paper money and they knew that if the U.S. went down the paper money path, it would cause all kinds of problems.

Will Gold Prices Keep Rising in 2024?

The gold price had a bad day, falling by more than 2%. Whilst we may well see some additional pullback, we don’t expect this to be the end of the gold price rally. 

Stagflation Isn't Going Anywhere!

Slower growth might seem like the recipe for rate cuts, but the '70s that Dimon talks about show us that the Fed raises rates without mercy when in a stagflationary situation.

Gold Price Reaction: Key Zones To Buy

I suggest buying gold bullion at $2265, but for silver and gold stocks, the zone of focus is $2220-$2150.

Metal Markets Still in Corrective Mode but Seem to be Losing Downside Traction

So far for the week, the gold market is down 3.2%. If the market were totally fall out of bed, it could go back to the $2141 level. That's not what I'm expecting.

Tuesday Edition: April 23, 2024

Final Nail in America’s Coffin?

Speaker Johnson allowed another $100 billion we don't have to be handed over to Ukraine, and pushed forward presidential power to shut down websites by labeling them “foreign adversary controlled.”

Artificial Intelligence is Crashing the Stock Market

The breakdown of bond markets forces the Fed to tighten harder for longer than the economy and financial markets can withstand—and will add chaos.

Mainstream Fund Managers Jumping on the Gold Bandwagon

Perhaps the mainstream has finally figured out what I’ve been saying for a long time – inflation is ultimately going to win this fight. And when you have inflation, you want to have an inflation hedge!

How the Dollar Reacts this Week Should Determine What Gold Does

Don't know if it'll last or not, but starting down 2.96% on the daily chart, you can see how much gold fell. So, the gold market today really got hit hard; higher high, lower low, it broke the uptrend.

Monday Edition: April 22, 2024

China Is Dumping U.S. Treasuries and Buying Gold

If you are concerned that the U.S. could pull the "dollar rug" out from under you, why not pull out from the dollar system first? This seems to be China’s strategy.

Prepare to Sell in May and Go Away

Bottom line: If MSFT continues to pussyfoot beneath $430 and to fall further from the ‘Hidden Pivot’ with each selloff, investors had better prepare to pack up in May and go away.

Gold SWOT: The Sharp Rise in Gold Prices This Year Could Provide a Nice Bump to Miners’ Earnings

Assuming bullion prices hold through the end of June, the rise in gold prices could provide a nice bump to miner earnings starting in the current quarter.

Fortitude Gold Expands County Line Feeder Drilling 4.57 Meters Grading 4.77 G/T Gold Within 24.38 Meters Grading 1.73 G/T Gold

"This latest drill program confirms and expands upon a high-grade gold feeder zone within the East Pit," stated Mr. Allan Turner, Vice President of Exploration for Fortitude Gold.

Gold & Silver Will Soar When Stocks Crash

Gold has broken out, and Silver is in the process of breaking out just as storm clouds (stagflation) gather on the horizon. Fear of the 2008 Boogeyman is very strong, but if you think precious metals will get hit, you are misreading the situation.

Fortuna to Release First Quarter 2024 Financial Results on May 7, 2024; Conference Call at 12 p.m. Eastern Time on May 8, 2024

The company will release its unaudited financial statements and MD&A for the first quarter on Tuesday, May 7, 2024, after the market closes.

Technical Scoop: Topping Signs, Material Rise, Defensive Energy

Gold rising despite rising long interest rates and a rising US$ Index is interesting, as it appears to indicate a shift in sentiment. Yes, we have the fear trade, but we also have inflation eroding all fiat currencies.

Sunday Edition: April 21, 2024

GoldSeek Radio Nugget - Bob Hoye: Positive Outlook for Gold Stocks

Once the GDX outperforms the S&P for a couple of quarters, there will be equity fund managers who will see this, and you will have a new kind of gold buyer. The outlook for gold stocks is very good.

China Is Dumping U.S. Treasuries and Buying Gold

The People’s Bank of China has added gold to its reserves for 16 straight months, adding over 300 tons of gold to its stash since it resumed reporting gold purchases in October 2022. 

Gold Fit to Pull Back a Bit

Silver now leads the year-to-date percentage tracks at +19.6%, followed by Oil +16.7% and then closely by Gold +16.2%.  The S&P’s once-inane gain has now fizzled to just +4.1%.

There Is No Alternative

Risk-adjusted return and the set of investments we pursue can be optimized by blending best-of-class alternatives with a dividend growth equity portfolio.


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