Central bank demand continues to dominate the gold market. It could be a significant factor in why the precious metal continues to hold critical long-term support levels.
De-dollarization will be something foreign central banks and individuals pursue out of necessity as the dollar’s devaluation forces them into assets that retain purchasing power.
The idiots on Wall St. should definitely be in stocks and bonds - made of wood and iron. The market mongers are making up reasons for the madness as they go.
Good grief, are we sick of hearing, “Gold is down because of Dollar strength.” When it comes to gold, “conventional wisdom” isn't our investing indicator of choice.
Mauldin explores the Big Cycle concept from Ray Dalio’s book “Principles for Dealing with the Changing World Order” and what contributes to the rise and fall of societies.
The Fed went from pumping the economy full of air by printing money, to sucking the air out of the economy’s lungs with a vacuum cleaner by raising rates.
