Chart Of The Day: What's Gotten Into Gold? My Three Answers
Three drivers are pushing gold higher and none of them are going away. Central banks keep buying physical at record pace - they know what's coming. The dollar's losing its grip as reserve currency while debt spirals out of control. And institutional money is finally waking up to gold as the ultimate portfolio hedge. I've been tracking COMEX deliveries and the squeeze is real. Physical premiums are climbing. The gold-to-silver ratio at 62:1 tells me silver's got serious catch-up potential. This isn't a bubble - it's a monetary reset playing out in real time. Stack accordingly.