This currency debasement is ongoing. They killed the penny. What goes before the firing squad next? The nickel? The way things are going, it's only a matter of time.
While AI continued to fall, the big declines broadened into sectors such as communications services and IT. That particularly fits the inevitable broader fall I just said we would see.
The S&P 500 to gold ratio has fallen to the lowest reading since the pandemic and is at a critical support level. This could signal more upside for the yellow metal.
In a world pulled by a growing debt singularity, policymakers will keep reaching for the same tools, and those tools will keep weakening cash. “Got gold?” is more than a tagline; it is a strategy for living outside the event horizon.
Gold and silver prices are climbing again, reaching three-week highs overnight as traders digest signs that the U.S. government shutdown may finally be ending.
