Given how deeply the largest US banks are now connected to shadow lenders, further deterioration could eventually become a much broader financial-stability risk.
Given that gold is in the $4200-$3941 buy zone, gold stock investors should buy some positions while keeping lots of dry fiat powder to manage potential volatility....
Midtier gold producers could increase production by approximately 80% through 2030, while senior producers continue to face challenges replacing depleted reserves.
Our line in the sand for gold is down at $4,100. We believe that needs to hold. Under $4,000 a bigger drop could get underway. To the upside, $4,600 is elusive.
Ira Epstein discusses the current state of the metal markets, noting a decline in metals and a rise in the dollar and energy markets, excluding natural gas.
