The NY Fed has recently published a study on bank failures in the U.S., examining the reasons why banks fail.
The gold market is currently up 1.69%, going into the last day of the week. The swing lines are still up—higher lows, higher highs.
Excessive concessions to U.S. corporations on trade tariffs, and reduced taxes, among other things, will be positive for gold and the U.S. dollar.
As long as you get a good pullback that isn't overly deep, and you keep embedded, I think the pros will come in and buy.
Gold prices may not crash in the immediate vicinity, but gold prices are vulnerable to a big crash in the next two months to four months.
What’s particularly interesting about gold is that it barely recoiled when the reduction in tariffs and invasion risk was announced.
The market is continuing to move up. As I said, you're approaching the $2900 level in the April Gold. As you can see, this market continues to make higher highs, higher lows.
Physical gold takes preference over futures, ETFs, etc. More and more people will try and stash physical gold with every price rise.
When you look at the gold market here, you are back up to $2825 for the week. The pattern is one of higher lows, higher highs—which is bullish.
Gold and silver can be a day trader's paradise and a nightmare for those investing at the current price.
