Jim Rickards Read the Exchange Rule Books. One Rule Decides Whether You Get the Gold.

Jim Rickards spent decades as a derivatives lawyer before turning to markets, and it shows. He explains why exchange rulebooks can restrict delivery, and why unallocated gold and ETF shares are legal claims, not ownership of a specific bar.

Gold Fell 1.7% Today. Silver Fell 3.6%. Five Signals Point at the Dollar, Not Demand.

The dollar and the Fed’s rate path are setting gold and silver’s price this week. Every demand signal points the other way. ETF holdings hit a seven-month high while gold fell — see the five signals separating price from ownership.

$603 Million Left the World’s Biggest Gold ETF. It Didn’t Leave Gold.

Investors pulled $603 million out of the world’s biggest gold ETF this week. Almost none of it left gold. It rotated into three cheaper funds tracking the identical trade, exposing the fee math behind the move and the ownership question every ETF holder should be able to answer.

Gold ETFs Just Pulled In $2 Billion. Silver Investors Pulled Out.

Gold ETFs pulled in nearly $2 billion this week even as gold’s price dipped, while silver’s biggest fund saw outflows. Here’s what that paper-positioning split does and doesn’t tell you.

Gold ETF Outflows Came From One Region. The Buying Came From Everywhere Else.

Gold ETF outflows in 2026 were not a market-wide verdict on gold. They came from one region. North America was the only region in net outflow across the first half, while Asia recorded its strongest first half on record. Here is what the regional split says about owning gold in paper form versus physical.

Wall Street Keeps Buying Gold. Washington Keeps Sending Mixed Signals.

Five signals from Wall Street and Washington point the same direction on gold this week — a fading bond buyback, a surging ETF, a widening silver deficit, a bullish options desk, and a gap between softening jobs data and rising rate-hike odds.

Vault Storage vs. Gold ETFs: Who Owns the Gold You Paid For?

A gold ETF share and a bar in a vault sound like the same investment. They’re not. One is a claim on a trust that only Authorized Participants can redeem for metal; the other is allocated ownership you can verify. Here’s what each option actually gives you, and what it costs.

Zero Tankers Crossed Hormuz on Sunday. Oil Hit $89. Gold Barely Moved.

The 60-day US-Iran MOU expired this weekend with no replacement deal. Shipping through the Strait of Hormuz collapsed to zero. Oil climbed. Gold held. Here is why the non-reaction is actually the most important signal in this story.

Gold Hit a Two-Month High. Then It Pulled Back. The PPI Data That Caused Both Moves Is What Matters.

Gold hit a two-month high on Wednesday, then gave back ground Thursday as energy costs complicated an otherwise clean inflation signal. PPI came in flat. September Fed hike odds fell to 40%. ETF money is returning. Citi put a $90 target on silver. Here are the five developments shaping precious metals right now.

Two Soft Inflation Prints. Gold Is Still Below $4,500. One Number Is Keeping It There.

Two consecutive soft inflation prints — July PPI flat, CPI up just 0.1% — should be pushing gold through $4,500. Here is the one number keeping the ceiling in place, and the threshold to watch for when it lifts.