The R-Star from the New York Fed gives a measure of the natural real interest rate.
For example: On May 2023, the R-Star was 1.14% while the real 10 year bond yield was -1.5%. This means that the 10 year bond yield should rise further OR the CPI inflation rate should come down.
Michael Pento shares his secret model.
In Gold We Trust Report 2023: https://ingoldwetrust.report/wp-content/uploads/2023/05/In-Gold-We-Trust-report-2023-english.pdf
When banks fail, gold soars.
OPEC oil cuts are good for gold.
DUBAI, April 2, 2023 (Reuters) – Saudi Arabia and other OPEC+ oil producers on Sunday announced further oil output cuts of around 1.16 million
OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure. PUBLISHED WED, OCT 5 2022
OPEC reaches agreement to cut oil production to 32.5 million barrels a day: Oil ministers PUBLISHED WED, NOV 30 2016
Buys: Triple Flag Precious Metals, Equinox Gold.
Sells: Maverix Metals, Sibanye, Mag Silver, SSR Mining.
Gold has a long way to go.
Oil should be moving higher.
Update:
Gas rig counts are correlated to gas production.
Comparison of gold miners Vs. Soma Gold.
Correlation Economics (Backup) 