Gold MarketsThe Commitments of Traders report is the most underused tool in the precious metals analyst's toolkit. Here is how to read it without falling into the common traps.
Gold MarketsWith sovereign bonds offering negative real returns through much of the last decade, allocators are asking whether gold deserves a permanent home in the fixed-income sleeve.
Gold MarketsCritics say paper gold is a fiction. Defenders say it is the same as physical for any practical purpose. The truth depends entirely on the scenario you are hedging.
Gold MarketsFrom 15:1 in the bimetallic era to 125:1 during the COVID panic, the gold-silver ratio is the most misunderstood signal in precious metals. Here is how to read it properly.
InvestmentAllocation ranges sound arbitrary until you understand what each level is actually hedging. A practical guide to sizing gold by goal, horizon and risk tolerance.
SilverJunior silver miners can deliver 5-10x the move of physical silver during a bull. They can also go to zero. Here's how to think about the leverage without lying to yourself about the risk.
InvestmentGold is taxed differently almost everywhere — and the differences can wipe out the diversification benefit if ignored. A practical comparison across three regimes.
HistoryWhere does the world's gold actually sit, and who guards it? A tour through London, New York, Switzerland and Kentucky reveals an industry few investors fully understand.
PalladiumThe PALL ETF holds physical palladium bars in JPMorgan vaults in London and Zurich. Here is how the structure works, what you actually own, and where it can break.
SilverThree sovereign mints produce the world's most popular silver coins. Premium, purity, security features, and resale liquidity all differ. Here's a side-by-side that doesn't pull punches.