- From gold-eagle.com|12 hr ago
Gold broke key support and miners are collapsing - the final washout is in full swing. If I were to rate the current panic on a scale from 1 to 10, I’d give it a 6. Could it get worse? The next few days are crucial. The Good News: The gold miners have been bottoming in late September for the last few years. Prices tend to peak in April or May and bottom ...
- From sprottmoney.com|Sep 26, 2023
For as long as anyone can remember, the most prominent driver of gold prices has not been inflation. That's only half the picture. The actual driver has been inflation-adjusted or "real" interest rates. At least it used to be that way. Suddenly, in early 2022, the correlation between real rates and gold prices broke down. And not just by a little. It broke ...