Gold MarketsThe Fed cuts rates and gold rallies — except when it doesn't. A historical review of every cutting cycle reveals the conditions under which the relationship actually holds.
Gold MarketsThe single most reliable headwind for gold is rising real yields. The mechanism is simple, the historical record is clear, and the recent exceptions are instructive.
Gold MarketsEveryone knows gold and the dollar move opposite each other — until they don't. Here is the mechanical reason, the historical exceptions, and how to use the relationship.