The gold-to-oil ratio just hit its highest level ever on the monthly chart—excluding the COVID spike.
Could the mining companies be the biggest beneficiaries? This directly impacts their margins, which are expanding significantly as metal prices climb. As pointed out by Tavi Costa, Gold is up nearly $1,000/oz from a year ago, while production costs have risen only about $100–$200/oz, depending on the mine. Source: Crescat Capital, Bloomberg
Are we still early in this gold bull market?
Source: Crescat Capital, Bloomberg
This is what is going on inside the Big 3 vaults. No comment necessary.
Source: www.zerohedge.com
Gold has been truly one of the GREATEST assets over the last few years, widely outperforming the S&P 500:
🔴 1-year performance: Gold +41% S&P 500 +21% 🔴 3-year: Gold +59% S&P 500 +34% 🔴 5-year: Gold +84% S&P 500 +80% Source. Global Markets Investor
Fascinating
Source: @Callum_Thomas via Jan Nieuwenhuijs
JUST IN 🚨: Gold jumps to a new all-time high and has now made fresh all-time highs in 5 consecutive trading sessions
Source: Barchart
60 years of Gold and Silver price spikes.
Source: Rick Rule Rhetoric @RickRuleRulz
The PaxGold stablecoin is tradeable 24/7. On the back of Trump's Tariff announcement, it went parabolic trading above $3,000 at some point...
PAX Gold (PAXG) is a commodity-backed, gold stablecoin issued by Paxos. Each token is backed by 1 fine troy ounce of gold kept in Brink’s vaults managed by Paxos. Source: kucoin
