Positions as of Tuesday, June 8, 2021.
Thus this gold-stock upleg remains young, with the lion’s share of its gains still yet to come. This sector will follow gold higher, amplifying its gains because of the miners’ inherent profits leverage to gold
Our research shows that most retail investors, who are the main drivers of gold’s price, trust gold more than fiat (paper) currencies to preserve their purchasing power. When debt soars, when real interest rates go negative, when cash becomes trash, gold shines brightest.
“The lack of full transparency by the Federal Government has hobbled public confidence. The Gold Reserve Transparency Act will ensure our gold reserves are accounted for.”
Interest rates are falling and this is bringing in bids into gold and silver. Gold's volatility bands narrowing, this can lead to volatility within the range.
