Let me offer some general thoughts first. One of the lessons my many mentors taught me over the years is that when everybody is on the same side of the boat a correction is due.
To help make sure the oligarchy has all the power it needs to move oil around the world, Trump just announced he is going to expand the most massive military budget in US history by 50%.
A leading U.S. precious metals dealer has teamed up with the nation’s leading sound money groups to award eight new students with more than $10,000 in scholarship funding.
Index rebalancing does not express a view or reflect a loss of confidence in precious metals. It might alter the timing of price movements, not their direction.
Recall that gold broke out to new all-time highs above $2000 in March of 2024 and, by December of 2025, price had reached $4500. That's a move of 125% in just over 21 months...
Central bank gold buying picked up in September and gained momentum in October. That momentum carried into November with gold reserves continuing to climb.
