In 2025, we're witnessing both Central Banks + Western investors competing for the same bullion; we see these two sources of demand continuing + driving our 2026 forecast of $4,900

The 140% increase in the price of gold over the last three years is telling a story the legacy media propaganda outlets don’t want told...

The U.S. abandoned the gold standard in 1971, ending dollar convertibility to gold...

All of the world’s above and below-ground gold together would form a sphere around 107 feet tall...

Inflows into gold exchange-traded funds are rising again while those into Bitcoin ETFs continue to fall...

Tether accounted for almost 2% of global gold demand last quarter, with Jefferies noting that its aggressive buying may be influencing short-term market sentiment...

ETF flows suggest USD 3,900/oz floor will hold...

...stated simply, everything hinges upon one question: Is there enough cash to keep these systems afloat?

Is the soaring price of gold a sign of monetary instability? Or is it just a transitory “nothingburger”?

Elliott’s stake - valued at at least $700 million - puts it among Barrick’s 10 biggest investors... as Goldman maintains $4,900 gold price target...

For generations, Vietnamese families have stashed gold as protection against hard times. Now rising prices are testing the government’s grip on the market...

...investors facing an increasingly complex, distorted and landmine-rich economic setting need to focus on being informed rather than emotional.

Roughly 216,000 tonnes of gold have been mined, with about 64,000 tonnes of reserves left underground...

The level of demand for gold is now prompting questions about whether reserves of the commodity are being exhausted and if humanity has reached "peak gold".

...overall, we can see that institutional money looks to have held onto longs in gold.

CTAs and macro hedge funds look like they have taken their positions in gold and silver back to nearly flat, clearing the markets for an eventual resumption of their uptrend after some consolidation.

Gold’s current bout of weakness is in line with history... before resuming its rally about 10-12 weeks later on average...

“We expect de-risking and profit taking by investors to be met by dip buying from other segments of demand including central banks and other physical buyers, ultimately keeping reversals relatively shallow,”

...risk/reward changes dramatically from Producers to Developers to Explorers...

In these markets, volatility is the one constant...