Despite gold’s strong fundamentals, many Western investors remain outright bearish. Holmes notes that billions have been redeemed from gold ETFs, even as gold stocks hit record highs.
To wrap things up, I firmly believe that gold’s bull market is still in its early stages, with a wide range of powerful forces poised to drive it even higher.
Gold and silver remain in consolidation, but their technical setups are still strong, despite the confusing crosscurrents caused by unpredictable tariff developments.
We share the FT’s conclusion: Ireland is not doomed. Far from it. But optimism is not the same as preparedness. The FT’s piece is a wake-up call to diversify and we’re not just speaking economically but financially, personally, and institutionally.
This puts the Fed in a tough spot. Growth is clearly weakening, but inflation isn’t weakening with it. Which problem do you fight? If this persists, I suspect unemployment will be the tiebreaker. Further weakness there could offset the inflation concern.
Peter Spina, President and Founder: Gold investors have been coming to GoldSeek.com for three decades, looking for the full story and seeking financial truth, and we look forward to serving our readers for many more years to come."
