American Gold Exchange, Inc.

New Gold Market Commentary 5-2-2025 published today detailing gold's April 9 to April 23 $519 surge, how much of it was Asian driven and why. youtube.com/watch?v=WbUrHf…

@jimiuorio Leave it! How much I guess I should ask first?

Midwest friends…do you usually shovel snow if it’s late March? Or you just leave it?

@jimiuorio @funder Clinton spent 8 years making nickel and dime cuts to the budget where he could that cummilatively added up to a balanced budget. He knew it mattered. That was the last time our finances were in order.

@funder I think we both agree that 90% of the credit for the balanced budget belongs to Reagan but I will say that Clinton’s tax cuts helped as well…

Clinton had us debt-free by 2010. Bush blew it. Obama fixed it. Trump crashed it. Biden fixed it. Trump crashed it again — 92,000 jobs gone last month. Want a good economy? Elect Democrats. Don’t forget to subscribe: dworkinsubstack.com/subscribe

@adamtaggart I like this.

When someone tells me very emotionally what they're against, I then ask them: "What are you for?" I often find they haven't thought much about that Cursing the darkness doesn't improve the world To do that, you need to provide a guiding light

@jimiuorio I dumped Agq first thing this morning and bought part of my position back much lower. What a day!

Most of you know that I sold out of about 1/3rd of my silver position over the last 2.5 weeks…I just bought some back..

Silver's wild Holiday ride.

@EconguyRosie Great info David. And I really appreciated your Macro Voices interview!

When you cross-reference the JOLTS hiring/firing rate with the Conference Board’s jobs plentiful/hard to get series, what you see is a future where the unemployment rate is destined to test the 6% mark (barring a reversal in these metrics). Bear in mind that the Fed believes the peak this cycle will be 4.5% - so it is in for a rude surprise. This entails further slowing in wage trends, weaker consumer spending growth (all the refunds do is give a brief bump), and lower interest rates. President Trump is still pressuring the Fed to cut, but the reasons why that is coming no matter what won’t do much for his already moribund approval ratings.

@jimiuorio Agreed.

The federal government’s job should be… 1) national defense 2) interstate infrastructure 3) interstate criminal enforcement and contract enforcement. 4) nothing…there is no number 4….

@jimiuorio @profplum99 @Bob_Iaccino Michael Green is brilliant!

Today we have @profplum99 Michael Green on the “Futures Edge”. This will be a live event at 3:00 eastern time…feel free to send questions etc…@Bob_Iaccino

Silver's above trend (12-23 & 12-24) move leading to the sharp punch higher in thin holiday trading (12-25 & 12-26) leading into Sunday night's (12-28) gap up top, into Monday's profit taking correction (12-29) with higher COMEX margin requirements.

@ericmwohlwend Thank you Eric!

@AmGoldEx Fantastic video Dana!

We released a new Gold Market Commentary today, probably one of the more important commentaries we will issue. youtube.com/watch?v=Ds79RD…

@JeffSnider_EDU Great information Jeff!

Here's why the Chinese are buying seemingly all the gold 🪙on Earth: China is a mess but has run biggest trade surplus ever imagined which is keeping CNY "stronger." Chinese are putting a lot that surplus into gold realizing what happens to yuan (and more) if (when) trade surplus normalizes. If not for the $1+ TRILLION surplus China has amassed this year, CNY would be plunging in the same boat as JPY/INR/KRW. So, thinking ahead, as the rest of the world starts pushing back against China (see: Mexico, France) the Chinese know their massive trade surplus is temporary and once it normalizes to something more sustainable the yuan will drop sharply. Thus, China (companies, banks and individuals, not govt) can't get enough gold looking ahead for the inevitable currency reversion to its fundamentals, especially given how bad the banking system is and the accelerating crash in macro (investment & consumer spending). So, there's India’s economy practically thriving compared to China's yet the rupee is plunging because the country needs to finance its massive and growing trade deficit when the Euro$ increasingly doesn’t want to. At the same time, China is a total mess (banks + econ) and getting worse but has the biggest trade surplus humanity has ever seen. And still the Chinese put a lot of it into gold realizing the precarious shape they're in.

@jimiuorio Hard not to take some profits . And I love it when you can play with the house’s money!

I sold about 20% of my silver longs today…still a bull but…well…thoughts?

@ttmygh Ha Ha Ha Ha! In the US that Rolls Royce will be a Kia soon.

🎯

Palladium Six Months

Platinum Six Months

Gold Six Months

Silver Six Months

@adamtaggart You are the biggest Leprechaun I've ever seen!

Caught the rainbow 🌈

@Geopolitics_Emp Thank you for having me!

"The dollar is entrenched in the world's financial system and it's not going to go anywhere anytime soon. Despite the BRICS nations wanting to trade less of the dollar, they really don't have a viable alternative to that. But gold has become one of those release valves for them. And that's part of what the gold price is telling us at over $4,000 an ounce, because there's been aggressive buying. What I do see, though, is a bit of a rejection of the dollar, and U.S. treasuries internationally, in favor of gold. If you look at how much the assets of central banks around the world...they now hold more gold in dollar value than U.S. Treasuries for the first time since 1995, I think. So gold has come back in the last couple of years, making a resurgence as a second alternative to the dollar, as a reserve, quote unquote, currency. And gold was the world's reserve currency from ancient times all the way to the 1930s 'til gold, money, as currency went out of favor just before WWII. So in a way, we're heading back to the past with gold being an asset because gold in a vault can't be seized or sanctioned. It has no counterparty risk. And it's immediately liquid when you want to present it to a ready, willing, and able buyer. And those are the main attributes. And it's a neutral asset. So it's not a commodity like oil or a grain that we need in everyday life. We really don't need gold to transact everyday life with. So as a neutral asset, it makes a good choice for a reserve currency as well." @DanaSamuelson99 of @AmGoldEx 🪙 🔗 geopoliticsandempire.com/2025/12/10/sam…