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Monday Edition: October 5, 2026

Gold SWOT: The Koné Project Owned by Montage Gold Achieved First Gold Pour on Budget

The best-performing precious metal for the past week was gold but it was still down 3.46%...ETF outflows, a stronger U.S. dollar and easing safe-haven demand reinforced downward pressure.

The Deeper Dive: Economic Bubble Troubles Are Ready to Burst Everywhere

With stagflation, expect slowly rising unemployment at first (slowly because many are just leaving the labor force or being deported) coupled with continually rising inflation.

Rates, Stock Market & Gold

We are working on the assumption that all of wave (iv) is complete at the 3944.20 low, and if that is the case, then we are now starting to move higher in wave (v).

Technical Scoop: Weak Jobs, Gold Down, Economy Tippy

We know we are in a period that is not friendly to gold. It can last into December. The final low could come anytime from now until mid-December...It will be buying opportunity.

Metals: FED Rate Hike Odds for October Drop Sharply This Week

Ira Epstein discusses the current state of the metal markets, noting a recent jobs report that fell short of expectations, which has led to a reduced probability of an October rate hike.

Sunday Edition: October 4, 2026

Trump Wants to Sell Venezuelan Gold, Government Rules Backfiring

This raises a question: why were the U.S. and the international community so eager to impose strict controls on gold? Gold is money, and governments hate it precisely because it's hard to control.

The Money Behind the Name

If a gold coin bought more silver in one country than in another, there was a living to be made moving the two around, and people duly did so.

Canada’s Prime Minister, Elbow’s Up and Gold

As foreign central banks reduce their allocations of U.S. debt, Washington loses its unchallengeable monopoly on global savings. With fewer automatic foreign buyers for government debt, Treasury yields must climb to entice private and domestic investors.

Our Key Gold Trend Flips Short; Yet ‘The Floor’ of 4000 Is Support

So, by measuring from here at 4172 solely within the vacuum of that average, Gold would go as low as 4068, a reasonably acceptable area to apply the brakes.

Gold & Silver: Trigger Points To Buy

Technical stock chart updates on $NEM, $GDXJ, $HL, $SIVR, $NUGT, $UCO and more.

Economic Desiderata

We have now had three FOMC members basically saying this week that there is no urgency in raising rates, the implication being no rate hike in October. This unemployment data coupled with improving PCE inflation numbers gives Warsh the space not to raise..

Friday Edition: October 2, 2026

Gold’s Usual Autumn Pullback

It won’t take much less-hawkish Fedspeak or weaker economic data to slash Fed-rate-hike odds, hit the US dollar, and ignite gold’s next major surge higher.

South Korea Finally Set to Get More Real Gold

The Bank of Korea hasn't expanded its gold reserves in 13 years. The country currently holds just over 104 tonnes of gold, about 1.1 percent of the country’s total reserves.

China Is Building What Nature Gifted the US

The US takes this massive natural advantage for granted....more freight in the US is moved by truck, rail, and pipeline, despite the fact that transport by barge is 10–30 times cheaper.

Dollar Weaponization Is Accelerating the Push Away From the Dollar

If foreign demand for dollars and Treasuries weakens, the United States faces a painful adjustment. Less demand means higher borrowing costs, greater downward pressure on the dollar...

Hedge Funds Are Still Buying Treasuries, and That Could Become a Problem

Union Bancaire Privée hedge fund specialist Ricky Siao called hedge funds’ use of leverage “aggressive” and warned that it magnifies “systemic risks.”

Metals at Anytime Could See Some Short Covering

Ira Epstein discusses the recent increase in market volatility, particularly in the metals and stock markets, noting significant intraday movements.

Thursday Edition: October 1, 2026

Update: COMEX Silver Drawdown Partially Reversed Last Week

In a nutshell, registered silver stocks declined, but total physical stocks increased. This signals category movement and net deposits, not escalating depletion of physical silver.

Bond Crisis Explodes In Bessent's Face & Hammers Gold & Silver Lower...

Of course, when you have a big move like that in the interest rate market, that’s going to affect gold and silver prices as well.

Inflation in Pictures

If we go back about 45 years, we discover that inflation wasn’t always defined simply as “rising prices.” Economists understood it as an increase in money and credit.

Metals: High Interest Rates and Strong Dollar Are Major Headwinds

Ira Epstein provides a comprehensive update on the metals market, focusing on current trends and economic indicators.

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