Positions as of 17 February, 2026
Chinese demand played leading roles in fueling both gold’s recent monster record bull and popular speculative mania into late January. That left gold at its most-extreme overboughtness in 46 years.
They feel they don’t need as much because the cradle-to-grave welfare state will cover them. There’s a reason why Klaus Schwab famously said, “You’ll own nothing and be happy.”
Gold demand has reached such a fevered pitch in Vietnam that the government is taking aggressive measures to crack down on smuggling.
The Trump family announced that its particular crypto is going to serve that function for all of us. The dollar, they said, clearly needs an upgrade and they are the ones to deliver that.
Once again, the wild rollercoaster ride of precious metals prices exemplifies the classic dynamic of speculative overheating followed by a healthy correction within a secular bull market.
People seem unconcerned about the growing debt because people have warned about it for decades, and the promised crisis hasn’t occurred – yet.
Since the inception of the gold standard in 1879 in America, gold has continued to be the ultimate measure of its banking system.
Ira Epstein discusses the current state of the metals market, highlighting a slight rally in the evening and the geopolitical tensions involving the U.S. and Iran...
