Now that war is re-igniting in a much more oil-depleted world, price volatility will increase substantially. However, speculators and their analysts may remain intentionally blind...
North American funds reported a 60.5-tonne decrease in gold holdings through H1 valued at $7.7 billion. It was the weakest first half for North American gold-backed funds since 2013.
If Lambourne is correct, anyone who invests in a traditional gold exchange-traded fund like GLD in the hope of gold price appreciation is actually helping to sabotage free-market pricing...
Geopolitical uncertainty, labor market data, inflation expectations, and shifting Federal Reserve policy expectations have all contributed to the heightened volatility.
It is in the best interest of the United States to abandon claims on Hormuz – which is thousands of miles away – and live with the consequences of Trump’s mistake.
