Supply & Demand

Gold trackers cannot be put on the same level as physical gold, which remains the only gold asset that serves as real wealth insurance.

Whilst the US government worries about the military threat of Russia, and the trade deficit with China, they show no concern for the real problems. To understand what is really happening, all we need to do is to Follow the Money. The flows of real money reveal where global economic power is moving.

Gold needs about $10 more to tag the triangle trend line.

Chindia & Silk Road gold consumption for March.

These two inventions were totally revolutionary in the history of finance. First to print money at no cost and then to issue debt and be paid for that pleasure.

Strategic investments are made for the long run and with no intent of short term gains or concern of short term fluctuations. This kind of investing is based on buying undervalued and unloved assets and holding them for a very long term.

Gold is actually at a good point to turn up here, as it is close to a zone of support which is underpinned by the rising 200-day moving average in quite close proximity. This looks like a pretty good point to undertake more accumulation.

Silver appears to be in the very late stages of its Head-and-Shoulders bottom, and with the price still not far off the Right Shoulder lows, we are a very good point to continue accumulating silver investments – silver itself, silver coins, silver stocks and ETFs, and for those who are set up to...

A war with Iran would eliminate the largest non-USD oil exporter. One thing leads to another. The gold repatriations are a precursor to a currency war and armed conflict. That’s what drives US foreign policy.

The time to own physical gold and silver is today and not when they move to new highs. Both metals are at inflation adjusted historical lows and the downside risk is minimal. Also, they probably are the most undervalued of all assets currently.