26 February 2025WHERE IS THE GOLD?Where is australia's gold
We all remember when Germany asked for its gold back, in 2013, and was told delivery would take seven years. Are the countries asking for repatriation of their gold from the LBMA being told the same thing? And if LBMA runs out of gold and goes bankrupt, what happens to the owners of ETFs with unallocated gold? Eg SGLN? SGLN is backed by physical gold, valued at spot...
Wednesday, 26 February 2025
Saturday, 22 February 2025
HAVE MARKETS PEAKED, OR IS THIS JUST A PAUSE
22 February 2025
There's something going on in the markets. They are set to pause, perhaps worse. Why?Markets seem to be topping. Take VHVG, SGLN, ZPRW and WSML, draw a horizontal line at what looks like the top, and then mark in a stop loss 7% below that. As / if price dips towards that stop loss, we should be thinking about what to do next if we are to preserve wealth.For example, this chart, taken from 11 February, shows that for YTD,...