According to the World Gold Council (WGC), net global ETF gold purchases hit a record 146 tons in September 2025, more than double the 54 tons added in August.
If the Fed pivots back to easing and balance-sheet growth, Weldon expects the dollar to get hit, a setup that makes five-digit gold and silver’s march toward $100 plausible.
The six-month chart of the gold price, showing a nearly vertical ascent screams "short squeeze," the sort of problem central bankers once boasted they could easily control.
My technically derived targets for gold go no higher than 5020 (based on the December futures), but I am open to the possibility of a further doubling in price to $10,000 or so.
For silver, it’s the combination of monetary and industrial demand, combined with tight supply conditions, that is driving the metal to fresh heights. A dramatic “silver squeeze” is resulting.
There has been a cool breakthrough using gold. Researchers have discovered that gold nanoparticles can increase the effectiveness of antibiotics against a common deadly bacterium.
Gold is not a protest against progress. It is an insurance policy against human nature. In that sense, Ferguson’s reflections are not just historical; they are timeless.
Unfortunately, The Debt Super Cycle is typically at least 80 years so nobody remembers the pain and why we should avoid it. Perhaps in this coming crisis we can do better. We can’t avoid it, but we can think about how to deal with it..
Given the changing market dynamics, Wilson said investors should consider a 60/20/20 strategy, swapping half of the bond portfolio for gold to serve as a “more resilient” inflation hedge.
