Earlier this year Goldman Sachs updated and reaffirmed its loud recommendation to clients that a 0% gold allocation was the ideal for portfolios.

As we reflect on 1H22 and where the financial markets have traveled, we believe there was an historical event that transcends the gold markets as well as significant action in the metals space.

"Always remember, markets take people out. That' s one of the glories of capitalism.” – Darla Moore

As subscribers know we have not written frequently in recent months as there has been less transpiring with markets on a version of QE autopilot.