SilverSilver trades like copper one quarter and like gold the next. Understanding that schizophrenia is the key to sizing positions and timing entries through the cycle.
Gold MarketsCritics say paper gold is a fiction. Defenders say it is the same as physical for any practical purpose. The truth depends entirely on the scenario you are hedging.
InvestmentGold is taxed differently almost everywhere — and the differences can wipe out the diversification benefit if ignored. A practical comparison across three regimes.
InvestmentAllocation ranges sound arbitrary until you understand what each level is actually hedging. A practical guide to sizing gold by goal, horizon and risk tolerance.
Gold MarketsFrom 15:1 in the bimetallic era to 125:1 during the COVID panic, the gold-silver ratio is the most misunderstood signal in precious metals. Here is how to read it properly.