Asian Gold Dynamics Shift: Currency Woes Hit India as China Anticipates Festival Boost
India’s gold market faces continued headwinds as domestic prices surge to 77,947 rupees per 10 grams, driven by the rupee’s record depreciation. Dealers maintain $14/oz discounts while religious observances (Khar Mass) further dampen demand. Conversely, Chinese markets show optimism with premiums jumping to $4.50-$10/oz, up from $2-$5, as Lunar New Year approaches. Despite regional jewelry […]
Rolex's Gold Models See Sharp Price Jump in 2025
Rolex’s 2025 pricing strategy reflects the dramatic impact of surging gold prices, with their precious metal timepieces seeing increases up to 14% compared to just 3% for steel models. The iconic Daytona in white gold exemplifies this trend, jumping from $35,000 to $38,100, while the yellow gold GMT-Master now commands $43,300. These adjustments follow gold’s […]
Fast-Money Quants Saw Big Year Go Bust in Wild Cross-Asset Ride
Quantitative trend-following funds saw their strongest start since 2008 evaporate as market volatility intensified across multiple asset classes in 2024. Despite early gains exceeding 30% for some funds, most finished with single-digit returns or losses. The Societe Generale trend-following index ended up just 2% as choppy markets in bonds, currencies, and commodities challenged momentum-based strategies.
Gold Surges 27% in 2024, Banks Project $3,000 Target
Gold’s remarkable 27% surge in 2024 marked its best performance in 14 years, with prices now hovering above $2,670 per ounce. Wall Street’s major players are projecting continued strength, with both JPMorgan and Goldman Sachs forecasting prices to reach $3,000 in 2025. This bullish outlook is supported by multiple factors: anticipated Federal Reserve rate cuts, […]
Gold Breaks Ties with Emerging Markets as Trump Trade Returns
Gold and emerging market currencies have reached their most negative correlation in three years, driven by Trump’s potential return to presidency. While traditionally moving together 86% of the time, these assets are now diverging significantly. The dollar’s surge to a two-year high has weakened emerging market currencies, but gold has maintained its upward trajectory, surpassing […]
Years Of Repeat Central Planning Mistakes Have Doomed China’s Economy
Years Of Repeat Central Planning Mistakes Have Doomed China’s Economy Authored by Mike Shedlock via MishTalk.com, Other than exports, no country wants to be like China. China Overindebtedness, Overbuilding and Overcapacity The Wall Street Journal reports China’s Economy Is Burdened by Years of Excess. Here’s How Bad It Really Is. Destiny deferred China’s rapid growth meant […]
Happy New Year: A Toast To 50 Years Of Legalized Gold
Happy New Year: A Toast To 50 Years Of Legalized Gold Authored by Stuart Englert via The Mises Institute, Gold enthusiasts can celebrate a golden anniversary on New Year’s Eve and simultaneously mark a market manipulation milestone. Fifty years ago, President Gerald R. Ford legalized private gold ownership, allowing Americans once again to stack the […]
Explosive 2025: Why Bitcoin, Gold & Silver Are Set to Surge w/ Alan Hibbard
Discover why Bitcoin, gold, and silver could be the power trio of 2025 in this exclusive interview with Alan Hibbard of GoldSilver.com.
Central Banks Hoard Gold: How Nations Are Armoring Their Finances for 2025
The world is witnessing a modern gold rush, with central banks at the forefront. Amid rising geopolitical tensions and economic uncertainties, gold prices have soared to unprecedented levels, surpassing $2,800 an ounce in 2024. This surge is driven by central banks, especially from developing nations, seeking to diversify their reserves and hedge against potential global […]
Record Gold Prices Not Enough to Save ETFs from Fourth Year of Losses
Despite record gold prices and Federal Reserve easing, investors sold gold-backed ETFs for the fourth consecutive year in 2024. While rate cut optimism briefly boosted ETFs, the U.S. election results in November halted this momentum. A stronger dollar following Trump’s win led to renewed selloffs, with investors redirecting funds to equities and Bitcoin. Meanwhile, geopolitical […]