For those of us who have been talking about boy school forever, just to be able to say things like take profits is the essence of the business. And the problem with gold right now is it's so extended versus virtually every moving average 200 day, 60 month, whatever. It just if it doesn't have a normal 20 to 25% draw down from the peak, it would be very weird.That's why I view gold right here as very scary for the implications for what it means for other markets, particularly the crude oil dropping extent of ...

European Central Bank Governing Council member Joachim Nagel warned that undermining public trust in statistics and central banks could backfire economically https://t.co/3X0Ou7G7AX ...

All right, gold and silver both pacing for their best week in five years. For more on that recent rally and his outlook for the precious metals, we want to bring in Don Striven. He is co-head of global commodities research at Goldman Sachs.And Don, you recently brought up your price target for gold, the gold, the price you expect by December of next year. Um, what' you say. 4,900 instead of the 4,300 that you'd been at previously.What what made you say aside from just watching how quickly things were runnin ...

Central banks may hold significant amounts of Bitcoin and gold by 2030, thanks to growing institutional popularity and a weakening dollar, according to Deutsche Bank https://t.co/8Y0204Cgw6 ...

Gold Price Surge & Drivers - Gold price closed above $4,000 per troy ounce, reaching an all-time high, marking an unusual rally since 1979 [1] - Gold futures prices have risen approximately 50% this year, outpacing many major crises in American history, as investors seek to retain value during times of inflation and economic uncertainty [2][3] - Central banks have been accumulating gold bullion since the great financial crisis due to doubts about the global financial system intertwined with the US economy, US banks, and the US Federal Reserve [6] Factors Influencing Gold Prices - Policy dysfunction in Washington, including runaway deficits, government shutdowns, and a perceived lack of concern for higher inflation in the US economy, are contributing to gold's appeal [4] - Federal Reserve Chair Jerome Powell's signaling of potential interest rate cuts despite above-target inflation has driven gold prices upward [5] - A weaker US dollar, partly desired by the Trump administration to aid US exporters, coupled with a lack of confidence in the US economic outlook and concerns about long-term deficits, further supports gold prices [8][9] Potential Risks & Future Outlook - Historical trends suggest that rapid price gains in gold can evaporate within a few years, indicating potential for a future correction [10] - The strength of US institutions, the Federal Reserve's independence, a decrease in inflation, and continued US economic growth could exert downward pressure on gold prices [10] - Major Wall Street banks anticipate continued gold purchases by central banks in the coming year, which is expected to sustain gold prices [7]

Welcome back. Gold topping $4,000 an ounce for the first time ever and hitting another record high just this morning. Our next guest is out with a new piece in the Wall Street Journal about gold's rally, saying it points to eroding faith in central banks.Let's bring in Wall Street Journal chief economics commentator Greg Y. That that's nothing new, right. That that gold bugs have wanted to diversify away from fiat currencies.What's what's interesting now, Greg, is that it's happening as stocks rise and even ...

Federal Reserve Bank of New York President John Williams argued against the idea that central banks are resorting to unconventional tools when they seek to influence the economy through balance sheet policies https://t.co/AkwvPqW3ar ...

[Music] Gold just hit fresh highs and money is rushing into ETFs, but the true wild card is still asleep. If volatility wakes up, this move can shift into overdrive. And that's what we're talking about in today's stocks in translation.Let's begin now with a chart of gold going all the way back to 2019. And we can see that midway into 2020, gold had rallied to a fresh all-time high that topped $1,900 an ounce. But it would be another three years before gold would truly break out and rally again.But all of th ...

Political Commentary - Former UK Prime Minister Liz Truss credited US President Donald Trump with pushing global central banks towards a necessary reassessment [1] Central Bank Criticism - Liz Truss, who attributed her brief premiership to the Bank of England, advocated for a re-evaluation of central banking practices [1]

RT Dash (@Dashpay)Dash is your tool to fight off the central banks and financial censorship. https://t.co/o3IF1ysdAp ...