Shadow banking can combine limited transparency, illiquid assets, leverage, maturity mismatch and rapid growth - a potentially dangerous mix in periods of market stress.
The next big move is likely to be up towards the top of the range. The rally could potentially see gold make a new high before one final dip back towards the lower end of the range...
Ira Epstein discusses the impact of recent events on various markets, noting pressure on the stock market, declines in gold and silver, and stability in natural gas.
The USA and China will buy every available surplus of every non-ferrous metal, precious metal, and rare earth. The bearish trend will be short-lived, followed by a bigger bullish trend.
Lower oil prices, which in turn sparks lower bond yields, are music to gold’s ears. With oil plunging this past week, gold rose, continuing its ongoing whipsaws of the past few months.
As for the year-to-date BEGOS Markets Standings, this end of May marks the first month of 2026 wherein both Gold and Silver are not amongst the top three podium positions. “Big Oil!” continues to overwhelm the pack; but now Copper and..
The longer the globally-critical Strait of Hormuz stays closed, the more bullish gold’s outlook becomes. So recent months’ anomaly of gold falling when the war intensifies won’t last.