Record Bullion Prices Signal Undoing of Derivative-Driven Markets. With strong demand for silver and gold now exposing the treacherous fraud of trading leveraged derivatives and imaginary metal, efforts to control bullion prices are waning amid production limitations, growing supply deficits and silver tightness at the LBMA.
The new macro features real assets over paper/digital assets.
So, it goes with money flow, too. When too much is printed and too much flows, it can cause a flood of inflation throughout the economy. When well regulated, it does not. Tariffs, though, are like manmade holes in the dike.
And today priced at $4330, Gold in 2025 is +64%, with the All-Time Intraday High from 20 October still in place at $4398.
Technical stock chart updates on $GDX, $XME, $FCX, $GDXJ, $NUGT, $CDE, $SILJ and more.
I often describe debt as “future spending pulled forward in time.” It can be good if you’re using the debt productively. All too often, people don’t. Nor do governments.