Gold World Articles
The Fed Just Turned Off the Headlights
Kevin Warsh used his first Jackson Hole address as Fed chairman to retire routine forward guidance. Gold fell 3%. Brian Hicks argues the market priced the decision and missed the regime change, and...
$38 Billion Stuck and Waiting for You
Imagine having the opportunity to corner an entire market. In the late 1970s, that’s precisely what two brothers named Hunt decided to do to the global silver market.
The Flicker Was the Signal
Gold rose 13% off its July 31 bottom. Gold miners rose 40% to 52%. And after record Q2 margins, the sector trades at its cheapest multiple in 41 quarters.
They Doubled the Buybacks and Nobody Called It Easing
The Fed spent Wednesday debating a rate hike. The Treasury spent Wednesday doubling its long-end bond buybacks — from $2 billion to at least $4 billion per operation — two days after the 30-year...
Nobody Is Pricing a Cut. Gold Doesn't Care.
Nobody is pricing a September rate cut — the market is pricing a possible hike — and gold has still rallied roughly 8% since July 30. Brian Hicks on why July's -0.6% retail sales miss, a 4.7%...