Market Talk – April 28, 2025
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 134.25 points or 0.38% to 35,839.99 • Shanghai decreased 6.65 points or -0.20% to 3,288.41 [...]
Gold – Has it Just Died?
QUESTION: Mr. Armstrong; Your Global Market Watch picked the high in the S&P as September and called for a waterfall on the monthly level. That was amazing. Yet, with the stock market crash, gold could not even rally above the previous week’s high. If the bonds look like death warmed over, equities crash, then surely gold should have rallied but it could not overcome its own weight. Is gold dead to the world?
Thank you for a great system
WK
ANSWER: No, gold is not dead to the world. I am preparing a special gold report for it is time to ascertain the projections for the future. Keep in mind, this hunt for money has seriously altered everything. Gold, once upon a time, was the alternative to cash. But you cannot legally store it in a safe deposit box. They now call that money laundering. You cannot hop on a plane with it. They will confiscate it. About all you can do is dig a hole in the backyard. Gold is not the complete alternative it once was. It is also not the real safe haven for big money. It is too tiny a market for that.
We have to understand something. All the yelling and claims for gold have never changed since the 1970s. They always claim the same scenarios. Meanwhile, gold rallies and then declines. It is a commodity like every other market. It cannot absorb all the cash in the world. The bond market is 10 times that of equities and equities are several hundred times bigger than gold. So we have to be practical here.
Latest Posts
US Customs Can Search Social Media History
Countless nations have increased their customs requirements as the freedom of movement slowly becomes restricted. The European Union now requires ETIAS for entry. The United Kingdom now requires an Electronic [...]
California Becomes World’s Fourth Largest Economy
California recently surpassed Japan to become the World’s fourth-largest economy behind the United States, China, and Germany. The International Monetary Fund believes California’s nominal GDP is $4.1 trillion, surpassing Japan’s [...]
Mexico Launches Employment Program
Mexican President Claudia Sheinbaum has launched a new employment program as the nation braces for thousands to return home amid America’s deportation campaign. BBVA Research believes there are around 4.1 [...]
