Thinking about Gold, and Grid Failure

Daily Thoughts 11 Feb. 2025

One of the reasons I decided to launch the Daily Thoughts is, because I receive small pieces of information from my contacts, which tend to get lost to our forecasting pieces. That is, they do not find their way into them, because our forecasts draw the ‘big lines’. Just recently, I received one piece of information on gold markets, which I like to share.

Gold prices have continued their march towards the “stratosphere” despite, e.g., U.S. Treasury yields heading the other way. The Kobeissi Letter noted in X that a “disruption in the norm” driven by Trump-policies is coming, which is why gold prices have continued their relentless upward march. I’ve been informed that there’s also something else behind this continuing surge.