How we got here, and what will drive us going forward

Housekeeping: Good Morning. “Comex is dying”Topic: * Gold and Silver Price Drivers for Rest of 2025.Market Analysis:Going forward, we believe macroeconomic data and Fed policy are seen as the most likely catalysts for the next leg higher in gold. A strong upside trigger will be required to break all-time highs for now. While that seems improbable in the short term, if we have learned nothing these past few years, we have learned not to underestimate the political inclination to snatch defeat from the jaws of victory.Topics covered include: Where We Are and How We got Here Positioning Remains Light Despite Eastern Buying, China's white metal demand Geopolitical Drivers Tamped Down, Political Incompetence* Continues in Premium : Gold and Silver Outlook for Rest of 2025Related Posts:Data on Deck: Powell and PCE* MONDAY, JUNE 23 10:00 am Existing home sales* TUESDAY, JUNE 24 10:00 am Fed Chair Powell testifies to House* WEDNESDAY, JUNE 25 10:00 am New home sales* THURSDAY, JUNE 26 10:00 am Pending home sales* FRIDAY, JUNE 27 8:30 am PCE index* Full calendarCharts and Final Market Check This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit vblgoldfix.substack.com/subscribe