Gold

By cutting domestic demand for cryptocurrencies, Beijing is automatically redirecting savings diversification toward the only officially approved alternative asset: physical gold.

On Friday, a buyer reportedly placed an order representing nearly half of the world's annual silver production.

Italian lawmakers are pushing ahead with a controversial claim that the central bank’s $300 billion in gold reserves should be declared state property, despite fears it could violate European Union regulations.

In the past, during periods of nervousness, uncertainty, or obvious risk, volatility rose. Today, this mechanism is broken. In this environment, there is only one asset left that does its job of providing protection: physical gold.

Since becoming “free,” gold has risen steadily, with a few exceptions. This is precisely what the logarithmic scale chart shows, and it is particularly encouraging for the future.

Over the past couple of years, I have shown you numerous ratio charts that suggest a precious metals bull market is in full swing. This week, we will add a couple more into evidence that highlight the sheer magnitude and duration of this magnificent bull.

What we are experiencing today is a cash crisis. The major bond crisis, the one that will call into question the sustainability of public debt, will undoubtedly come – but later. Gold, meanwhile, is navigating this landscape perfectly.

China's unreported gold purchases could be more than 10 times its official figures, as the country quietly tries to diversify away from the US dollar, say analysts, highlighting the increasingly opaque sources of demand behind bullion’s record-breaking rally.

America's decline, economically, demographically, and socially, was becoming so obvious that it could only give way, as history has repeatedly shown, to the rise of a new superpower. But that was without taking into account the fact that China would follow the same path.

Gold reacts not to rhetoric, but to substance. The Busan summit was supposed to symbolize economic reconciliation between the world's two largest powers. But behind the facade of diplomatic appeasement, reality remains that of a fragmented world, where strategic tensions persist and confidence in...