This is why the price of gold has surged $430.
Got Gold? High US Debt Has Fed Trapped
August 10 (King World News) – Peter Schiff: The U.S. national debt now exceeds $39.835 trillion. The larger the debt grows, the harder it is for the Fed to raise interest rates, but the more important it becomes to raise rates, as the growing debt is what’s driving the Fed to create inflation to help finance it. Got gold?
The Hourglass Of Time
Peter Boockvar: As there still is no deal between the US and Iran with Iran instead talking to Oman over the terms of controlling the Strait, it’s becoming more and more apparent that ‘muddle along’ is the best we’re going to get with no full resolution. But, with still a dramatic reduction in the rate of ships passing through and the comments from Saudi Aramco last week ringing in my ears that the easy inventory replenishment to fill the supply gaps has mostly been released from existing inventory sources, the hourglass of time to continue to paper over the lost barrels of more than 1 billion, among other stuff coming out of the Strait, is something we really need to watch closely…
Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.
Bulls & Bears
Peter Boockvar: Last week I mentioned that the number of Bears in the weekly II data fell to match the lowest since October 2025. My friend Helene Meisler on X highlighted a few days ago that the Market Vane measure of Bulls rose to the most since the summer of 1997, months before the Asian financial crisis took place. Yes, 1997.
KING WORLD NEWS NOTE: Meisler Says Market Vane Percent Of Stock Market Bulls Just Hit The Highest Level Since 1997!
Gold, Silver, Oil & Other Commodities
Ole Hansen, Head of Commodity Strategy at SaxoBank: COT on commodities covering managed money activity in the week to 4 August, a period that saw the BCOM Index fall 1.2% as weakness across energy and grains was only partly offset by strength in precious and industrial metals, as well as softs.
Crude oil: Renewed price weakness drove a 25k reduction in the combined crude net long to 266k contracts, following 171k of net buying during the previous three weeks. Meanwhile, the natural gas net short reached a 27-month high at 89k contracts as prices remained under pressure, with ample supply keeping inventories well above seasonal averages.
Metals: Ahead of Wednesday’s technical upside break, managed money accounts had already increased their gold net long to a January high of 132k contracts. The increase was driven in part by short covering, with gross shorts slashed by 42% to a 19-month low of just 9.4k contracts. The silver net long jumped 32%, while platinum traders lifted their net long by 71%.
Meanwhile, a 4.5% rally in copper during the reporting week, which extended to a record high last Thursday, helped lift the net long to a 5½-year high of 77.8k contracts.
Gold & Silver Breakout!
To listen to the always brilliant Tavi Costa discuss why gold is surging strongly and what to expect next from gold, silver and the mining stocks CLICK HERE OR ON THE IMAGE BELOW.
JUST RELEASED!
To listen to Alasdair Macleod discuss the historic upside breakout that just took place in gold, silver and the mining stocks as well as what to expect next CLICK HERE OR ON THE IMAGE BELOW.
ALSO RELEASED!
Silver Price Target Is Hundreds Of Dollars Per Ounce CLICK HERE.
Tavi Costa Interview: Gold, Silver And Mining Stocks Breakout! CLICK HERE.
Gold Soars As This Week’s Massive Intervention Happened Because The System Is Collapsing CLICK HERE.
Tether Now Holds 146 Tonnes Of Gold And 13.5% Of This Gold Royalty Company CLICK HERE.
This Is Why Gold Is Surging, Plus A Look At Grocery Price Inflation CLICK HERE.
Gold & Silver Soaring As The U.S. Goes Nuclear With Massive Debt Explosion CLICK HERE.
WEALTHY BOUGHT THE DIP: Gold & Silver Takedown Was Unleashed So Big Money Could Buy Cheap CLICK HERE.
Stoeferle Says Buy Gold Miners As Secular Gold Bull Market Is Intact – Global Gold Allocations Only 3% CLICK HERE.
This Is Why The Price Of Gold Has To Skyrocket CLICK HERE.
GOLD ALERT: The US Is Close To Unleashing Massive QE CLICK HERE.
This Surprise Will Be Wildly Bullish For Gold & Silver Prices CLICK HERE.
Michael Oliver Just Predicted Miners May Triple Skyrocketing Gold & Silver Prices CLICK HERE.
GOLD & SILVER ALERT: All Hell Is Breaking Loose In The Bond Market CLICK HERE.
This Is One Of The Defining Signals Of Our Time And It’s Incredibly Bullish For Gold CLICK HERE.
Oil Prices Will Soar But Gold’s 3rd Bull Move Will End The Current Global Monetary System CLICK HERE.
Gold Set To Soar vs Global Stock Market As Oil Trades Lower After Catastrophic Attack CLICK HERE.
Silver Will Trade 15x Higher If It Blows Past Its 1980 Peak vs M2 CLICK HERE.
Gold Must Go Higher 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.
