Positions as of 22 April, 2025
Gold just soared to crazy-overbought levels, which ramps the odds of a major selloff. Retreats are very healthy for secular bull runs, extending their longevity and ultimate gains.
It’s chaos on the oil plays of America.
Despite record gold prices in rupee terms, gold imports into India rebounded in March after two months of decline.
At its core, inflation results from the debasement of currency—in other words, the dilution of a currency’s value through excessive creation of new money.
Gold’s $3,500 moment wasn’t a bubble. It was a signal. A pulse. A shift in trust.
You won't likely come across a gold bar with a price tag hanging off it, but of course, it does have a price.
You can see the market's gone up, made that high just over the $3500 level, backed off, and now it's in a consolidation phase.
