Geopolitics

Frank E. Holmes: Why the Gold Bull Market Is Far From Over - moneymetalsexchange.medium.com

Source: moneymetalsexchange.medium.com

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DW NOTE

Gold at $4,049 is down 24% from its January high of $5,318 — not a correction within a bull market, but a repudiation of the thesis that drove it there. When Treasury yields rise 5% in a month and gold falls 24% from peak, the market is telling you which stores value better.

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For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shor

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Frank E. Holmes: Why the Gold Bull Market Is Far From Over - moneymetalsexchange.medium.com

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