In his latest interview, Ray Dalio says BTC is unlikely to be held by central banks and others because it is traceable and others can monitor you and this is why he prefers gold.This will continue to be a huge hindrance. An SoV must be private.Zcash https://t.co/gPvNd52ZwP ...

From Australia to Europe and the US, traders are betting that monetary easing from central banks will slow or stop altogether https://t.co/CZCFkTAIs1 ...

Tucker Carlson says central banks are a scam and the U.S. dollar is “doomed.” Now he has launched a precious-metals company. https://t.co/9XTajlV8C9 ...

Tucker Carlson says central banks are a scam and the U.S. dollar is “doomed.” Now he has launched a precious-metals company. https://t.co/2cT9lx6oxg ...

Market Analysis & Gold's Valuation - Gold is significantly extended versus moving averages, suggesting a potential 20-25% drawdown from its peak would be normal [1] - The rapid increase in gold's price is concerning, especially when other markets underperform, indicating potential market instability [2][3] - Gold's high valuation suggests it is overbought, and investors should not be actively seeking to buy it [7][8] - Central banks may curtail their gold buying around $4,000/ounce due to elasticity, impacting market dynamics [6][7] Economic Indicators & Potential Risks - Gold's behavior may signal upcoming stock market volatility, as indicated by low 90-day volatility volume of 89% a few weeks ago, the lowest in five years [3] - Declining crude oil prices and bond yields, coupled with potential stock market declines, could accelerate existing trends, suggesting deflationary risks [4][3] - The increase in total gold reserves held by central banks surpassing US dollar reserves is partly due to the price increase [9] Technical Analysis & Support Levels - In 2006, gold corrected about 25% after stretching above its 200-day moving average, before resuming its upward trend [11] - A normal correction from the current extreme gold price would be around 20%, targeting a support level of $3,500, which was the previous peak [13] - While $4,000 is the first dip, it's not near the normal correction range of 20-30% for such a stretched market [14]

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 ...

Gold Market Analysis - Goldman Sachs raised its price target for gold to $4,900 by December of next year, up from the previous target of $4,300 [1] - The gold rally is driven by sticky inflows from private investors with long investment horizons and central banks, not speculative positioning [2][3] - Central banks are accelerating gold purchases after the seasonal summer low, and strategic long-term allocation from investors is broadening [4] - The upside risks to the $4,900 forecast are skewed to the upside because the base case doesn't fully incorporate private sector diversification into ETF gold inflows [4] - The gold market is small, about 70 times smaller than the US Treasury market, so even a small diversification step can significantly impact prices [5] Risks and Catalysts - The main downside risk to the bullish gold forecast is central banks stopping or reversing their buying [7] - Historically, central bank gold buying cycles are long and unlikely to reverse unless there's a significant easing in geopolitical or global fiscal policy risks [8] - Catalysts for the latest rally include uncertainty about trade, credit, regional banking, fiscal policy, seasonality of central bank buying, and major investors recommending higher strategic gold allocation [9] Silver Market Analysis - The medium-term path for silver prices is higher as Fed cuts should boost ETF inflows, but the outlook is more volatile due to the lack of structural central bank support [10] - The silver market rally is partly driven by a squeeze in the physical London market, which is tight and could reverse [10] - Central banks are not buying silver, making the bullish outlook for gold more certain than that of silver [12]

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]

Market Trends & Investment Opportunities - Gold price topped $4,000 per ounce, hitting a record high, indicating eroding faith in central banks [1] - The rally in gold mirrors speculative frenzies seen in crypto and AI stocks [3] - Gold is traditionally a hedge against a weak dollar and other fiat currencies like the Yen [3][4] - Bitcoin is viewed as digital gold, a hedge against bad outcomes, but historically moves with stocks as a risk asset [5][6] Macroeconomic Concerns & Risks - The world is awash in government debt, with Japan around 200% of GDP and the US closing in on 100% of GDP [8] - Concerns exist about politicians monetizing debt and inflating their way out of it due to high debts, low growth, and populist politics [9] - The US has enormous deficits with no political will to address them [8] - Tariff revenue might be used for purposes other than deficit reduction, such as farm bailouts or supplemental nutrition assistance [11][12] Monetary Policy & Currency Integrity - Attacks on the Federal Reserve suggest easier monetary policy and higher inflation [4] - A new prime minister in Japan is criticizing the central bank's interest rate hikes [4] - Gold surpassing the Euro to become the second-largest global reserve asset after the dollar shows significant stocking up [15]