There's certainly something going on in the gold market that's unprecedented -- and I get the impression that good delivery bars in London are picking up a lot of 'frequent flyer' points on their one-way trip to New York...as the amount being delivered to the depositories there has been continuous and at very high levels since almost the beginning of the year.
Gold's impressive strength suggests that the bull market has much further to run, particularly if the dollar and Treasury yields experience a pullback soon.
Maharrey digs deeper into the complex and paradoxical economic landscape facing the Federal Reserve and how it affects sound money, the precious metals markets, and the broader economy.
Markets that have felt like they were being throttled by inflation for the last couple of months were ecstatic over any relief they could get, so they took the good and ignored the bad.
The ongoing volatility is a reflection of uncertainty in the gold and silver markets globally, including fears of import tariffs from the incoming Trump administration.
