Silver Rises Over 120% YTD 
Iran Hit a Tanker in Hormuz and Trump Threatened Iran. Oil Isn’t Reacting.
Iran hit a tanker in the Strait of Hormuz and Trump weighed a big decision on Iran, yet oil barely moved. Here’s the real-yield mechanism behind gold and silver’s muted reaction today.
Rates Just Went Up Twice. Five Reasons Gold Didn’t Care.
Two central banks hiked rates this week, and gold barely blinked. Five fresh signals — from Goldman’s models to a $4 billion sovereign gold shipment — show why institutional and sovereign money isn’t buying the bearish case.
The Bank of Japan Just Hiked to a 31-Year High. Gold Barely Noticed.
Three central banks moved three different directions this week, and gold barely blinked at the biggest one. Here’s the yen carry-trade mechanism behind Japan’s quietest 31-year-high rate hike, and why this time was different from 2024’s disorderly unwind.
Who Owns US Debt? Central Banks Own Less Than You Think
Foreign central banks’ share of foreign-held US Treasuries has fallen from two-thirds in 2014 to 41% today. But their dollar holdings barely dropped. The market around them tripled instead, and the gap was filled by leveraged private trades, not other governments. Here’s the mechanism, and where the real reserve money went.
Gold and Silver Rip Higher as the Fed-Hike Selloff Reverses
Gold and silver are ripping higher Thursday, clawing back Wednesday’s Fed-hike selloff as a Saudi pipeline outage eases and Treasury yields pull back. Silver’s gain is running well ahead of gold’s.
Texas Just Made Gold Legal Money. Four More Non-Fed Stories Followed.
Texas’s gold and silver legal tender law quietly took effect this month. Meanwhile, VanEck’s own CEO breaks from the debt narrative, Turkey’s government wants your mattress gold, Hong Kong commits to a 2027 gold clearing launch, and India’s Diwali demand is picking back up. Five stories, zero Fed involvement.
The Cantillon Effect: Why Money Printing Makes Some People Rich First
New money doesn’t reach everyone at once: banks and asset holders get it first, wage earners get it last, after prices have already moved. Using Fed balance-sheet data and its own Distributional Financial Accounts, this piece traces exactly how that sequence played out from 2008 to 2022, and why physical gold and silver sit outside the mechanism entirely.
Silver Price Outlook September 2026: The Hike Is Priced In. The Positioning Isn’t.
The Fed’s rate hike is nearly certain, priced at 85–91% depending on the reading. What isn’t priced in is what CFTC data shows underneath: speculative silver longs have rebuilt to the 73rd percentile of the past 60 weeks in a falling market, a materially different setup than August’s.
Gold Is About to Face Its First Rate Hike of the Cycle. Here’s Why It Isn’t Scared.
A rate hike is supposed to hurt gold. It hasn’t for three years, and September 16 is the cleanest test yet. The reason traces back to who is actually setting gold’s price now, and it isn’t who the old models assume.
Five Things Are Moving Gold and Silver Today. They All Point to the Same Argument.
Gold and silver got pulled five different directions today: a fading debasement narrative, a record ETF month, $6 diesel, sanctioned gold flows into Iran, and a new $120 oil call. Here’s how they all connect.
