Does the Bank of England still lend, lease, or swap gold? How much did it lend, lease, and swap over recent decades? How recently has it lent, leased, or swapped gold, and with whom and for what purposes? Does the bank coordinate its activity in the gold market with the BIS...
"Even with the recent near-term volatility, we remain firmly bullishly convinced in gold over the medium-term on the back of a clean, structural, continued diversification trend that has further to run amid a still well-entrenched regime of real asset outperformance vs. paper assets."
Gold does not rely upon fiscal discipline, geopolitical harmony or perpetual monetary accommodation. It does not require supply chains to function flawlessly, nor does it depend upon correlations behaving as models predict. It exists outside many of the systems currently under strain...
We begin with a tip of the cap to mighty JPMorgan Chase, which in recent weeks projected a Gold price (’tis said some several years out toward decade’s end), achieving the 8300 area, and even 6300 this year.
Technical stock chart updates on $FNV, $XME, $GDXJ, $LUGDF, $AGQ, $SQQQ and $SCTSF
The scenario which concerns me most is when the market finally realizes that the Federal Reserve has lost their ability to fine-tune the economy in ways they have in the past. Once the Fed has lost the narrative...
