Gold is trading higher again today, holding above $4,600 as markets digest slower-than-expected U.S. growth and persistent inflation. On the surface, it looks like a long-term familiar story: steady demand in an uncertain macro environment. A report from Deutsche Bank released earlier this week suggests this is a growing structural issue, which may result in […]
Today’s video tackles one of the most eye-catching forecasts of the year which is the much cited Bank of America calling for $309 silver. More on that shortly. Today both gold and silver are lower on account of stronger US data and markets awaiting the conclusion of the Federal Reserve’s FOMC meeting this afternoon. Earlier today the Bank […]
In the desert, a mirage convinces you relief is just ahead. The horizon bends, the heat makes the air appear to shimmer, and what looks like water turns out to be nothing more than heat and distance playing a trick on the eye. This metaphor came to mind again this week, as I found myself […]