Positions as of 5 May, 2026
Gold investors have vast room to keep buying, which will accelerate on the looming stock-market bear and war inflation. Gold could very well again defy the odds to remain high.
Everybody recognizes that unless the Fed prints up adequate money, “this sucker is going down,” as the Baby Bush once termed it during the 2008 financial crisis.
For the last five weeks, gold imports have virtually stopped. According to the Economic Times of India, this is pushing domestic gold prices higher and threatening shortages...
Maybe the most important development isn’t happening in daily price movements...We're not surprised that China’s central bank has reported its 18th consecutive month of gold purchases.
Looking ahead, the World Gold Council expects the fundamentals that have driven the gold bull market over the last couple of years to remain in place.
Ira Epstein discusses the current state of the financial markets, focusing on a correction in the stock market and movements in gold and silver prices.