On the heels of a rally in the gold, silver and mining share markets, here are a few key charts, plus a look at the collapse of the US savings rate.
Gold To Radically Outperform Dow
May 28 (King World News) – Here are a few key charts from the brilliant Ronnie Stoeferle:
KING WORLD NEWS NOTE: GOLD VS DOW Is Headed Back To 1:1 Ratio
KING WORLD NEWS NOTE: Commodities Now Poised To Skyrocket vs US Stock Market
KING WORLD NEWS NOTE: Gold Mining Stocks At The Beginning Of What Will Be A Historic Bull Market (Look At GREEN Advances)
Savings Rate Is Collapsing…Again
Peter Boockvar: Headline PCE in April rose .4% headline and .2% core m/o/m, both one tenth below the estimate but due to rounding the 3.8% and 3.3% y/o/y gains were as forecasted. As expected, energy prices rose 18.3% y/o/y and food prices were up 2.5%.
What really stands out in this April data was the big drop in the savings rate to just 2.6% from 3.2% in March, 3.6% in February and 4.3% in January. That matches the lowest level since June 2022 when it got down to 2.2% that month. Go back to 2007 the previous time it was under 2.6%.
KING WORLD NEWS NOTE: US Savings Rate Near All-Time Low
Contributing to this was the no change in income growth m/o/m while spending rose .5% and .4% of that spending was inflation. The caveat though with the income drop was that it was mostly due to “The decrease in farm proprietors’ income” which “reflected a decrease in payments to farmers from the Farmer Bridge Assistance Program, which closed application submissions in mid-April.” Private sector wages and salaries, most importantly, rose .3% m/o/m.
Bottom line, inflation is again eating into REAL incomes and draining the savings rate. Also lowering the savings rate is higher stock prices for the upper income earner as that growing wealth is seen as a form of savings. And, the spending growth is mostly price, not volume.
After touching 4.50% again, the 10 yr yield backed off to 4.47%-.48% in response to the inflation, income and spending data.
JUST RELEASED!
To listen to Gerald Celente discuss gold, silver, oil as well as what surprises to expect CLICK HERE OR ON THE IMAGE BELOW.
JUST RELEASED!
To listen to Alasdair discuss what to expect next in the gold and silver markets and more CLICK HERE OR ON THE IMAGE BELOW.
ALSO RELEASED!
The Great Unwind, Gold, Silver And Mining Stocks CLICK HERE.
The Truth About Gold And The Coming Stock Market Crash CLICK HERE.
Everyone Needs To Read This And Be Prepared For What Lies Ahead CLICK HERE.
Look At Who Is Long Gold, Silver, Miners, Oil Fertilizer & Uranium Stocks CLICK HERE.
Huge Gold & Silver Catalysts, Plus Look At What Just Collapsed Below 2008-2009 Lows! CLICK HERE.
Celente Says This Is One Of The Greatest Dangers Facing The World Today CLICK HERE.
COLLAPSE WARNING: This Is The Scariest Chart Of 2026 CLICK HERE.
COMEX Gold & Silver Inventories Are Collapsing! CLICK HERE.
They’re Lying To You About Gold, It’s Not In A Bubble And Headed A Lot Higher CLICK HERE.
One Chart Says It All: Something Is About To Snap CLICK HERE.
Gold Miners Now Doing Largest Share Buybacks In History CLICK HERE.
Another Major Oil Price Spike Will Be Hugely Bullish For Gold & Silver CLICK HERE.
World Economy “On Borrowed Time” As Massive Oil Crisis Looms CLICK HERE.
Take A Look At What Is Now Closing In On A 30 Year High! CLICK HERE.
Expect Violent Moves In Gold, Silver, Bonds And Stocks CLICK HERE.
This Is What A Boom Looks Like! Plus A Look At Another Collapse CLICK HERE.
© 2026 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the articles is permitted and encouraged.
