Why does gold keep rising?

Less than a week after I was born, Nixon ended the Bretton Woods International Monetary System, whereby the dollar was backed by gold. Watch his speech televised on August 15, 1971, or read it here. Otherwise referred to as the “Nixon Shock Speech” or the “Bretton Woods Speech,” Nixon outlined…

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U.S. Treasuries: From Yang to Yin

“The world consists of Yin and Yang, and understanding this is crucial for anyone seeking to navigate life’s complexities.” Life is complicated. It seems that just when we think we’ve figured something out, the game changes. In Marketland, this usually starts with recency bias: a form of cognitive reasoning that…

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The Four Giants: Nvidia, Bitcoin, Dollar, and Gold

“If I have seen farther than others, it is because I have stood on the shoulders of giants.” —Isaac Newton In February, we saw something extraordinary—the price of gold was near all-time record highs, and the gold and silver miners were more oversold than ever before in history. There’s never…

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