Pierre Lassonde: Chairman / Founder of Franco Nevada & the Lassonde Entrepreneur Institute – Pierre was President of Newmont Mining Corporation from 2002 to 2006 and prior to that from 1982 to 2002 was a co-founder and co-CEO of the original Franco-Nevada. He is past Chair of the World Gold Council, has served on many mining boards and is recognized for his philanthropy…
A shocking amount of physical gold is being drained out of the COMEX casino which is why the setup in the gold market is so fascinating at this moment in history.
DUE TO POPULAR DEMAND AND ACCELERATED INVESTOR INTEREST, WE MADE THE DECISION TO LAUNCH THE WEEKLY WRAP!
DUE TO POPULAR DEMAND AND ACCELERATED INVESTOR INTEREST, WE MADE THE DECISION TO LAUNCH THE WEEKLY WRAP!
Gold’s Open Interest is collapsing again and here is what is so interesting.
What is happening in the economy is terrifying even as the stock market rally continues and gold attacks the $2,000 level.
It appears that we now have the fewest stock market bears since January of 2022. The public has also piled in on the long side and that certainly won’t end well but gold will shine.
The “Everything Bubble” Has finally popped and it will get much worse from here. One thing is certain, the trading will get more violent from here.
With the US dollar and gold moving higher today, look at who is buying gold right now and how this will impact the price.
We are now in the calm before the storm, the prelude to a true panic, which is why this type of move into gold has occurred only twice in the last 50 years. Gold senses the mayhem that lies ahead.
