Pierre Lassonde Gold Indicators

Pierre Lassonde's top indicators for gold: 

1) Budget deficit 

2) Trade deficit 

3) Central bank buying

4) Stagflation 

5) Geopolitical instability 

6) New architecture of global financial order

https://x.com/GoldTelegraph_/status/2035103104413348027?s=20

Oil recession

It's coming.

James Hamilton: Oil demand elasticity

Hormuz destroys 10% of supply. Oil demand destruction needs oil at $140. Hamilton.

Hormuz Oil Forecast

If Hormuz stays closed, oil will keep rising. 

The disruption is unprecedented.

Stagflation Winners: Gold and Oil

Oil supply disruptions benefit oil and gold.

Oil Demand Destruction

Oil demand destruction scenarios. Oil basically can't go above $100 in less than 60 days. 

Hormuz Closure

Watch the Hummus. 

Correlation Economics Interview

An interview about the gold market.  

Gold miners are cheap

Gold and silver miners are the cheapest sector.