Gold’s recent price advance had more to do with investor’s perception of dollar strength than a flight to safety after equities took a plunge, said Rick Rule, CEO of U.S. Global Investors. “My own belief is that popular perception of the continued purchasing power of the dollar and strength in the U.S. economy declined a little bit which caused U.S. equities to decline,” Rule told Kitco News on the sidelines of the Silver & Gold Summit in San Francisco.
This Gold Chart Shows a Repeat of 1970s – Jordan Roy-Byrne (05/13/2021)
First, we get ‘shrinkflation’, then inflation runs out of control – Will Rhind – Source – Kitco News (05/12/2021)
Bitcoin will never be ‘digital gold’ and Central Bank Digital Currencies will kill cryptos – Roubini – Source – Kitco News (05/11/2021)
New Gold Rally Is Now Bringing Money Into These Top Small Cap Mining Stocks – Mike Swanson (05/10/2021)