The Institutional Risk Analyst

With the sharp move upward in gold and silver prices, and growing concerns about the stability of the dollar and US financial markets, investor interest in precious metals is increasing dramatically. Despite the big price movements seen in 2025, we believe that the appreciation of gold against the fiat currencies and worthless crypto tokens is in the early stages. Remember, bitcoin is a fraud, nothing more.

We as people get used to permanence, so it's hard as people to deal with and assimilate sudden change. We like to have stability, so when you suddenly realize that you gotta go live somewhere else, that's a big deal. That's something Americans have a great deal of trouble with when we start talking to them about gold. It threatens all of their assumptions. So they get very uncomfortable.

Central banks have changed their posture from net sellers of gold to net buyers. Central banks are not price sensitive regarding gold, they are sensitive to volume and tonnage of available gold.