Positions as of 15 July, 2025
Gold miners’ stocks are priming to run, readying to resume powering higher with their metal. Despite gold’s weak summer-doldrums seasonals, gold stocks have enjoyed a stronger summer.
Forget about trillion-dollar deficits. That’s far in the rear-view window. We’re looking at three, four, and five trillion-dollar deficits.
Gold and silver ultimately became money simply because people wanted to use them as such. No government mandate was necessary. The metals spontaneously evolved as money...
Gold has been treading water in recent months, consolidating between $3,200 and $3,500 — a typical summer pattern as news flow and trading volume slow with traders on vacation.
Central banks have increased their gold holdings by over 1,000 tonnes for three straight years.
Precious metal stackers are in a league of their own. They’re the most farsighted, knowledgeable, and patient savers.
If the gold market continues to break, it could go to the $3264 level, about $80 lower, but it has upside bias as long as it's over the 18-week average of closes.
