Moriarty talks about gold's recent rise toward an all-time high and cites recent news about BRICS adopting a gold-backed currency, noting attacks on the dollar and global instability.
Given supply-demand dynamics and historical prices, Maharrey suggests platinum as a speculative addition to gold and silver. Rising demand and supply deficits may boost returns soon.
It's notable that markets only react to the initial numbers. You never see a gold rally because the BLS erased a bunch of jobs from the economy with a few clicks of its calculator.
Understand the gold wholesale market by knowing its key parts: swaps, leases, and forwards. This article explores these elements and their interactions to help evaluate market trends.
Casey: "Own gold, which will profit from inflation, as people try to get out of the dollar and get into something that has a physical reality in and of itself."
Murphy noted silver's resilience below $30 for years despite efforts to suppress it. Recently surpassing this mark, attempts to lower it have proven unsuccessful.
Platinum may not regain parity with gold from the mid-2010s, but supply and demand suggest a bullish outlook. This price disparity with gold could signal a buying opportunity.
I’ve warned that the Fed’s job metrics are flawed, with unreliable unemployment data. The Sahm Rule may yield "garbage in/garbage out" results if labor market metrics are distorted.
