Global gold demand = 5,000 tonnes, but gold mine output is only 3,672 tonnes. This unprecedented demand creates a very bullish setup for gold in coming years as mine output is headed toward a production cliff.
Contrarian Indicator
July 13 (King World News) – Peter Boockvar: With respect to stock market sentiment, at least by the Citi Panic/Euphoria index, it is back to the recent highs of Euphoria and as a reminder, .41 is threshold so we are well above it.
KING WORLD NEWS NOTE: Insane Readings On Citi’s Greed Index
Not Everyone Is Suffering
The Kobeissi Letter: US households are sitting on a massive cash pile despite record equity exposure:
Household equity holdings are up to a record ~$72 trillion.
This is $18 trillion, or +33%, above its long-term trend from 2009 to 2019.
Household stock ownership has more than doubled since 2020.
Meanwhile, cash and cash equivalent holdings are up to $20 trillion, an all-time high.
This exceeds the long-term trend by $5 trillion, or +33%.
KING WORLD NEWS NOTE: Americans Have Never Had A Bigger Cash Buffer
By comparison, households also own a record $11 trillion in debt securities such as bonds, $2.2 trillion, or +25%, above trend.
American households have never had a bigger cash buffer…
Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.
Gold Price Nearly Triples, But Gold Mine Output Same As 2018
Nomi Prins: Global gold mine output hit a record 3,672 tonnes last year, but it has barely moved since 2018, even as gold nearly tripled. Major new discoveries have fallen to near zero, and it now takes about 18 years to turn one into first metal, up from six in the 1980s. Meanwhile total gold demand passed 5,000 tonnes for the first time ever in 2025. So the majors are buying developers they can no longer find on their own.
KING WORLD NEWS NOTE: Despite Soaring Gold Prices, Global Gold Mine Output Same As 2018 Because Major New Discoveries Have Fallen To Near Zero!
Gold & Silver: Just Released!
To listen to Alasdair Macleod discuss what to expect in the coming weeks and months for gold, silver, miners, and oil CLICK HERE OR ON THE IMAGE BELOW.
ALSO RELEASED!
Michael Oliver – Despite Pullback, Silver Coiling To Rocket Higher CLICK HERE.
China Is Buying Massive Amounts Of Gold & Silver And Dumping Dollars CLICK HERE.
Gold And Gold Miners Have A Long Way To Go On The Upside CLICK HERE.
This Signals We Just Saw The Final Bottom In The Silver Market CLICK HERE.
Is This About To Make Gold & Silver Prices Soar? CLICK HERE.
Here Is Yet Another Upside Catalyst For The Gold Bull Market CLICK HERE.
Oil Surging As Gold & Silver Tumble. Here Is What Is Happening CLICK HERE.
Central Banks Expect Gold Price To Soar 32% By June 2027 CLICK HERE.
Michael Oliver – Big Money Watching These Key Levels In Silver CLICK HERE.
Roadmap Exposes Shocking $26,000-$75,000 Price Targets For Gold CLICK HERE.
Turk Warns We May Finally See The Long-Awaited Comex Default CLICK HERE.
Vault Run Continues As Comex Gold Inventory Plunges 30% CLICK HERE.
These Two Prices For Silver & Miners Will Confirm Historic Bottom Is In Place CLICK HERE.
MAJOR UPDATE RELEASED: Gold, Silver, And Black Gold CLICK HERE.
Ray Dalio – America Losing Iran War Signals End Of The US Empire CLICK HERE.
Fed To Hike Interest Rates In September, Plus Another Gold Bull Catalyst CLICK HERE.
Paper-Led Gold & Silver Selloff Nears End As Physical Demand Increases CLICK HERE.
If Gold Breaks Decisively Above This Price It Means Gold Has Bottomed CLICK HERE.
GOLD ALERT: 3 Massive Gold Bull Catalysts Have Just Been Unleashed 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.
