Gold: Follow the Signal, Not the Noise

Yesterday, the gold price dropped below the 50-day moving average for the first time in 142 days. The sell-off ended one of gold’s longest periods of relative strength on record.

While there may be a short-term breakdown in gold prices, the signal remains intact:

China has officially added to its gold holdings for 18 consecutive months. (Source: The Kobeissi Letter)

China is among the leading buyers of gold. Currently, the People’s Bank of China owns over 50 tonnes, valued at $371 billion. At the same time, China is unloading U.S. Treasury debt.

That’s the signal.

Yesterday’s sell-off in gold? Noise.

Gold is well off its highs, so it’s worth adding to your own stash right now. Ditto gold mining stocks, which have been hit harder than the rest of the market this week.

~ Addison

P.S. Later today in Grey Swan Live!, at 2 p.m. ET/11 a.m. PST, we’ll be joined by our natural-resources specialist, Shad Marquitz, for a prescient look at gold price volatility.

We’ll also be looking at the mosaic of natural resource opportunities in oil, energy, rare earths and other precious metals following the Iran bombing excursion.

We’re in the middle of an active shooting war in the Persian Gulf …Oil has surged. Gasoline and diesel prices are spiking…

And yet, the stock market is only slowly rolling over. And gold – typically a hedge against geopolitical uncertainty – is bucking expectations with a sell-off.

We’ll unpack what’s going on and the opportunities for investors today. Click here to sign up for the Grey Swan Investment Fraternity if you’re not a member yet.

Yesterday, the gold price dropped below the 50-day moving average for the first time in 142 days. The sell-off ended one of gold’s longest periods of relative strength on record.

While there may be a short-term breakdown in gold prices, the signal remains intact:

China has officially added to its gold holdings for 18 consecutive months. (Source: The Kobeissi Letter)

China is among the leading buyers of gold. Currently, the People’s Bank of China owns over 50 tonnes, valued at $371 billion. At the same time, China is unloading U.S. Treasury debt.

That’s the signal.

Yesterday’s sell-off in gold? Noise.

Gold is well off its highs, so it’s worth adding to your own stash right now. Ditto gold mining stocks, which have been hit harder than the rest of the market this week.

~ Addison

P.S. Later today in Grey Swan Live!, at 2 p.m. ET/11 a.m. PST, we’ll be joined by our natural-resources specialist, Shad Marquitz, for a prescient look at gold price volatility.

We’ll also be looking at the mosaic of natural resource opportunities in oil, energy, rare earths and other precious metals following the Iran bombing excursion.

We’re in the middle of an active shooting war in the Persian Gulf …Oil has surged. Gasoline and diesel prices are spiking…

And yet, the stock market is only slowly rolling over. And gold – typically a hedge against geopolitical uncertainty – is bucking expectations with a sell-off.

We’ll unpack what’s going on and the opportunities for investors today. Click here to sign up for the Grey Swan Investment Fraternity if you’re not a member yet.

The stakes are high for the country that prints the world’s reserve currency and chooses to go to war. Perhaps, an unwinnable one against a Mosaic Defense.

That earnings calls are buzzing with questions about AI is a good sign investors are trying to be realistic about the tech’s capabilities…

The market’s headline indexes have held their ground, relatively speaking, among all the Persian Gulf hand-wringing. But it’s worth a closer look at what’s causing this unique setup…

The problems in private credit aren’t going away – they’re compounding. For now, the market is more focused on Iran and oil than private credit. But the trouble compounds.

The stakes are high for the country that prints the world’s reserve currency and chooses to go to war. Perhaps, an unwinnable one against a Mosaic Defense.

That earnings calls are buzzing with questions about AI is a good sign investors are trying to be realistic about the tech’s capabilities…

The market’s headline indexes have held their ground, relatively speaking, among all the Persian Gulf hand-wringing. But it’s worth a closer look at what’s causing this unique setup…

The problems in private credit aren’t going away – they’re compounding. For now, the market is more focused on Iran and oil than private credit. But the trouble compounds.