The Gold and Oil Guy

Gold is trading near its highs, while gold miners are still down by around 30%. The mismatch in performance between gold and gold miners raises concerns and suggests caution, as it may indicate a temporary rise in gold prices. Gold miners may not catch up with gold prices until the stock market experiences a sustained

“The potential for a new major breakout in gold’s price: Brian and I note that gold is trading around the $2000 mark and could either break out to new highs or experience a failed reversal. We also highlight gold’s resilience compared to other assets such as silver and gold miners, attributing this to its status

“Both the USA and European leaders continue to tell us the banks are strong, but after last week, can we really trust the leaders that support the financial system anymore? By that stretch, can we really even trust the financial system itself anymore, either? In my opinion, not entirely, that’s for sure.”Gold, Silver, Miners, Oil,