Record Gold Prices Squeeze Out Chinese Buyers as $3,000 Looms
Despite being the world’s largest gold buyer, Chinese consumers are stepping back from purchases as prices approach $3,000 per ounce. While investment demand remains steady and the People’s Bank of China continues its gold purchases, jewelry sales have declined due to the combination of record prices, a weak yuan, and…
Record $5.2B Gold Deliveries Shock Comex in Minor Month
January 2025 has seen an unprecedented $5.2 billion in gold deliveries on the Comex, marking an extraordinary surge for a traditionally quiet minor month. What makes this particularly noteworthy is that 19,001 contracts have been delivered with three days still remaining in the month, a level typically associated with major…
A New Era for the Gold & Silver Bull Market
MBA is out of product, so their leaning on the central bank of London. There a different ways to look at it, as throughout the years, central banks have bought gold & silver. More talk on this in this week’s episode. Read More
‘Worse Than World War II’ – Visualizing US National Debt (As A Percent Of GDP) Since 1900
‘Worse Than World War II’ – Visualizing US National Debt (As A Percent Of GDP) Since 1900 This year, U.S. national debt is set to approach 100% of GDP, up from 36% in 2005. By 2035, the tab is projected to reach 118.5% of GDP as higher debt costs steepen the deficit, fueling further government […]
Gold’s Six-Week Rally Persists as Global Trade Concerns Deepen
Gold continues its bullish run, heading for a sixth consecutive weekly gain as new trade tensions spark safe-haven demand. The precious metal reached an all-time high of $2,882.16 on Wednesday, with spot gold trading at $2,865.36. The new administration’s commitment to tariffs has heightened global economic uncertainty, boosting gold’s safe-haven…
Chinese Insurers Get Green Light for Gold Investment Trial
In a move that could reshape China’s gold market, the National Financial Regulatory Administration (NFRA) announced Friday the launch of the “Pilot Program of Insurance Funds Investing in Gold.” This strategic initiative serves multiple purposes: expanding investment channels for insurance funds, optimizing asset allocation structures, and strengthening insurance companies’ asset-liability…
China Leads December Gold Purchases as Global Central Banks Scale Back
Central bank gold activity showed a notable shift in December 2024, with global institutions reporting 3 tonnes of net sales according to IMF and public data sources. The month’s activity revealed a clear tapering in demand, with gross purchases of 13 tonnes being outweighed by 16 tonnes in sales. The…
PBOC Adds Gold for Third Month as Prices Hit Historic Peak
China’s central bank has demonstrated its commitment to building gold reserves by adding 0.16 million troy ounces in January, continuing a pattern that resumed in November after a six-month break. This strategic move comes despite gold reaching unprecedented price levels, highlighting the PBOC’s determination to diversify its holdings. The timing…
Shanghai Futures Signal Potential Gold Price Explosion
A Chinese gold rally could help push gold prices to $3,000 and beyond. China’s gold market shows strong bullish signals, with Shanghai Futures Exchange activity surging post-Lunar New Year and yuan-denominated gold prices trending upward. This momentum is driven by China’s economic challenges, historically low bond yields, expected government stimulus,…
Gold’s Surge Signals Hidden Inflation Threat, Analyst Warns
Gold’s dramatic rise toward $3,000 is sending a critical message about the state of the economy, according to analyst Todd “Bubba” Horwitz. While expecting a near-term pullback, Horwitz forecasts gold reaching $3,200-$3,300 in 2025, citing accelerating inflation despite official claims of cooling prices. He argues that elevated prices on essential…