Inflation drives up the gold price over time. However, that upward trajectory can be confused or even obscured by daily, weekly, and even monthly corrections and price movements.
Ever since I was a little kid, I’ve loved space, rockets, and science fiction. However, parts of SpaceX’s offering document read like a sci-fi novel. It’s pretty far out—as is the price of the offering.
That said, I applaud Elon’s successes...
The G stands for generational. Baby boomers, collectively sitting on $89 trillion in net worth (that is not a typo) are retiring in historic numbers. In 2025 alone, 1.85 million additional retired workers filed for Social Security for the first time...
Spoiler alert: Lebanon was done within a decade. It never truly recovered and is in decline now. And Lebanon is a beautiful country. It is not a petro-kingdom in the middle of the desert.
The precious metals industry called on Congress to pass the SILVER Act to address national security risks by strengthening the geographical diversity of U.S. precious metals infrastructure.
This is why gold has struggled recently. The issue is not that the long-term case for gold has disappeared. It is that markets are once again focused on the Federal Reserve.
