Market Structure
9 min read
Managing Slippage and Spread Costs When Trading XAU/USD
Spread and slippage quietly erode profitability far more than most traders realize, especially for frequent, small-target strategies. How to actually measure the cost.
Market Structure
6 min read
Developing an Automated Daily Pre-Market Checklist for Precious Metals
A concrete pre-market checklist for gold and silver traders, what to check, in what order, and why skipping any one item tends to cause a specific, recurring mistake.
Market Structure
7 min read
The Role of BRICS Pay and Sovereign Gold Reserves in Global Trade
Proposals for BRICS-linked trade settlement systems keep raising the question of gold's role in an alternative to dollar-based trade. Separating the proposals from what's actually operating.
Market Structure
8 min read
Central Bank Rate Hikes vs. Real Inflation Dynamics
A rate hike alone doesn't tell you what gold will do next. Whether the hike is keeping pace with inflation, or falling behind it, is the variable that actually matters.
Market Structure
9 min read
The Impact of Crude Oil Price Swings on Gold and Mining Stocks
Crude oil affects gold through inflation expectations and affects mining stocks directly through production costs, two separate transmission channels worth telling apart.
Market Structure
6 min read
De-Dollarization Acceleration: Sovereign Vault Purchases in Asia
Asian central banks and sovereign wealth vehicles have been repatriating and expanding gold vaults domestically rather than relying on storage abroad. What's driving that specific shift.
Market Structure
7 min read
Geopolitical Hedge Ratios: Allocating Gold and Silver in Volatile Times
Gold and silver behave differently as hedges during a genuine crisis, gold more purely as a safe haven, silver still tied partly to industrial demand. What that means for allocation.
Market Structure
8 min read
Macro Liquidity Cycles: Global M2 Money Supply and Gold Long Cycles
Gold's biggest multi-year moves tend to line up with turns in global M2 money supply growth, a slower-moving backdrop that sits above any single week's headlines.
Market Structure
9 min read
The Future of Gold & Digital Currency Backing Trends
Several central banks and private ventures have floated gold-backed digital tokens, an attempt to combine gold's stability with the transferability of a blockchain-based asset.