GoldFix

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: FOMCMONDAY, JULY 6* No major US releasesTUESDAY, JULY 7* 10a ISM Non-Manufacturing PMI (prev 54.5 → est 54.2)WEDNESDAY, JULY 8* 8:30a Trade Balance (prev -55.90B → est -78.50B)THURSDAY, JULY 9* 2p FOMC Meeting MinutesFRIDAY, JULY 10* 10a Existing Home Sales (prev 4.17M → est 4.20M)* 1:30p Fed Logan Speaks***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix intern

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: FOMCMONDAY, JULY 6* No major US releasesTUESDAY, JULY 7* 9:45a S&P Global Services PMI (prev 50.7 → est 51.3)* 10a ISM Non-Manufacturing PMI (prev 54.5)WEDNESDAY, JULY 8* 8:30a Trade Balance (prev -55.90B → est -78.80B)THURSDAY, JULY 9* 2p FOMC Meeting MinutesFRIDAY, JULY 10* 8:30a Initial Jobless Claims (prev 215K)* 10a Existing Home Sales (prev 4.17M → est 4.20M)***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix intern

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Housekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: NonfarmMONDAY, JUNE 29* 12:35p FOMC Member Barkin SpeaksTUESDAY, JUNE 30* No major US releasesWEDNESDAY, JULY 1* 9:45a Chicago PMI (prev 62.7 → est 55.7)* 10a CB Consumer Confidence (prev 90.6 → est 94.4)* 10a JOLTS Job Openings (prev 7.585M → est 7.280M)THURSDAY, JULY 2FRIDAY, JULY 3* Bank Holiday***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix intern 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

Housekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: NonfarmMONDAY, JUNE 29* 12:35p FOMC Member Barkin SpeaksTUESDAY, JUNE 30* No major US releasesWEDNESDAY, JULY 1* 9:45a Chicago PMI (prev 62.7 → est 55.7)* 10a CB Consumer Confidence (prev 90.6 → est 94.4)* 10a JOLTS Job Openings (prev 7.585M → est 7.280M)THURSDAY, JULY 2* 9a Fed Governor Warsh Speaks* 3:15p U.S. President Trump SpeaksFRIDAY, JULY 3* 8:30a Nonfarm Payrolls (prev 172K → est 114K)* 8:30a Unemployment Rate (prev 4.3% → est 4.3%)***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix intern 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

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: Nonfarm PayrollsMONDAY, JUNE 29* 12:35p FOMC Member Barkin SpeaksTUESDAY, JUNE 30* No major US releasesWEDNESDAY, JULY 1* 9:45a Chicago PMI (prev 62.7 → est 55.7)THURSDAY, JULY 2* 9a Fed Governor Warsh Speaks* 9:45a S&P Global Manufacturing PMI (prev 55.1 → est 55.7)FRIDAY, JULY 3* 8:30a Nonfarm Payrolls (prev 172K → est 114K)* 8:30a Unemployment Rate (prev 4.3% → est 4.3%)***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix intern

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comA GoldFix- Competent Investor Joint PresentationTom Bodrovics sat down with Jesse Felder, founder, editor, and publisher of The Felder Report, for a wide-ranging discussion on oil, market sentiment, AI, and where investors may be missing the real opportunity.The conversation focused on the sharp disconnect in today’s energy market. Jesse discussed how oil inventories have fallen toward historic lows while institutional investors remain deeply bearish on the sector. That gap between fundamentals and positioning, he argued, may be one of the most important signals in markets today.They also covered the potential impact of depleted strategic petroleum reserves, future demand for oil, and the geopolitical backdrop that could continue to pressure supply. Jesse explained why energy may still be undervalued even after a strong five-year run, especially as investor attention remains concentrated on AI and a narrow group of technology stocks.The discussion also touched on cash flow, capital discipline, and the broader risk of investors chasing the most crowded parts of the market while ignoring sectors with improving fundamentals.For viewers looking to better understand today’s market setup, Jesse brings a seasoned, contrarian perspective shaped by years in hedge funds, research, and publishing.Tom BodrovicsJesse Felder

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: NFPMONDAY, JUNE 29* 12:35p FOMC Member Barkin SpeaksTUESDAY, JUNE 30* No major US releasesWEDNESDAY, JULY 1* 9:45a Chicago PMI (prev 62.7 → est 60.0)THURSDAY, JULY 2* 8:15a ADP Nonfarm Employment Change (prev 122K → est 118K)* 9a Fed Governor Warsh Speaks* 9:45a S&P Global Manufacturing PMI (prev 55.7 → est 55.7)FRIDAY, JULY 3* 8:30a Nonfarm Payrolls (prev 172K → est 114K)* 8:30a Unemployment Rate (prev 4.3% → est 4.3%)***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix intern

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comWeek Snapshot: Battle* Day 1- down… OI comes in 1.5k as longs puke* Day 2- down, OI +5k as shorts pile in* Day 3- Longs buy in AM, Shorts sell in PM. OI +7k* Day 4+ 5- shorts add more in down move +1.5k* Day 6- shorts add again 5.5k in down move* Day 7- New Longs buy into short selling- possible fish hook* Day 8- New longs buy into selling- fish hook… banks covered some as well* Failed fish hooks become bear flags* market has to rally tonight or its LIKELY another cycle lower and the news is not good so far on war front.. last time it was bullish for GoldCFTC COT FLOWS* Producers: closed shorts for profits* Endusers: Added to Longs losing* Short Banks: Opened shorts for profits* Long Banks: puked longs lost money* Long Funds: Added to losers* Short Funds: Added to winners* Macro D- Added longs and shorts* Retail: puked longsTerminology:* Closed shorts = winner; Covered shorts = loser* Got Long = Winner; puked longs = loserConclusions:* Producers and endusers are back to regular business* Banks are playing short and getting increasingly confident BUT

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: NFP/ EmploymentMONDAY, JUNE 29* 12:35p FOMC Member Barkin SpeaksTUESDAY, JUNE 30* No major US releasesWEDNESDAY, JULY 1* 9:45a Chicago PMI (prev 62.7 → est 60.0)THURSDAY, JULY 2* 9a Fed Governor Warsh Speaks* 9:45a S&P Global Manufacturing PMI (prev 55.7 → est 55.7)FRIDAY, JULY 3* 8:30a Nonfarm Payrolls (prev 172K → est 114K)* 8:30a Unemployment Rate (prev 4.3% → est 4.3%)***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix intern

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: GDPMONDAY, JUNE 22* 9a FOMC Member Waller SpeaksTUESDAY, JUNE 23* 9:45a Flash Manufacturing PMI (prev 55.3 → est 54.6)* 9:45a Flash Services PMI (prev 50.9 → est 51.0)WEDNESDAY, JUNE 24* 8:30a Current Account (prev -191B → est -219B)* 10a New Home Sales (prev 622K → est 637K)THURSDAY, JUNE 25* 8:30a Core PCE Price Index m/m (prev 0.2% → est 0.3%)* 8:30a Final GDP q/q (prev 1.6% → est 1.6%)FRIDAY, JUNE 26* 10a Revised UoM Consumer Sentiment (prev 48.9 → est 50.0)* 10a Revised UoM Inflation Expectations (prev 4.6%)***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix intern

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: GDPMONDAY, JUNE 22* 9a FOMC Member Waller SpeaksTUESDAY, JUNE 23* 9:45a Flash Manufacturing PMI (prev 55.3 → est 54.6)* 9:45a Flash Services PMI (prev 50.9 → est 51.0)WEDNESDAY, JUNE 24* 8:30a Current Account (prev -191B → est -219B)* 10a New Home Sales (prev 622K → est 637K)THURSDAY, JUNE 25* 8:30a Core PCE Price Index m/m (prev 0.2% → est 0.3%)* 8:30a Final GDP q/q (prev 1.6% → est 1.6%)FRIDAY, JUNE 26* 10a Revised UoM Consumer Sentiment (prev 48.9 → est 50.0)* 10a Revised UoM Inflation Expectations (prev 4.6%)***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internComment: What China’s Margin Hikes Really MeanThis round of margin increases by the banks is unusual.Normally, banks raise margin requirements after prices have been rising for a long time. They do it to cool speculation and control risk.But this time, margin requirements were raised after gold had already been falling for several months.That is what makes it strange.

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

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: GDPMONDAY, JUNE 22* 9a FOMC Member Waller SpeaksTUESDAY, JUNE 23* 9:45a Flash Manufacturing PMI (prev 55.3 → est 54.6)* 9:45a Flash Services PMI (prev 50.9 → est 51.0)WEDNESDAY, JUNE 24* 8:30a Current Account (prev -191B → est -219B)* 10a New Home Sales (prev 622K → est 637K)THURSDAY, JUNE 25* 8:30a Core PCE Price Index m/m (prev 0.2% → est 0.3%)* 8:30a Final GDP q/q (prev 1.6% → est 1.6%)FRIDAY, JUNE 26* 10a Revised UoM Consumer Sentiment (prev 48.9 → est 50.0)* 10a Revised UoM Inflation Expectations (prev 4.6%)***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix intern Comment:The market is beginning to price in the possibility that Washington can get its deficit problem under control. If you believe policymakers can bring down interest costs through fiscal discipline and higher real rates, then the case for gold becomes less compelling.

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: GDPMONDAY, JUNE 22* 9a FOMC Member Waller SpeaksTUESDAY, JUNE 23* 9:45a Flash Manufacturing PMI (prev 55.3 → est 54.6)* 9:45a Flash Services PMI (prev 50.9 → est 51.0)WEDNESDAY, JUNE 24* 8:30a Current Account (prev -191B → est -219B)* 10a New Home Sales (prev 622K → est 637K)THURSDAY, JUNE 25* 8:30a Core PCE Price Index m/m (prev 0.2% → est 0.3%)* 8:30a Final GDP q/q (prev 1.6% → est 1.6%)FRIDAY, JUNE 26* 10a Revised UoM Consumer Sentiment (prev 48.9 → est 50.0)* 10a Revised UoM Inflation Expectations (prev 4.6%)***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internTechnical Comments:

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: PCE/ GDPMONDAY, JUNE 22* 9a FOMC Member Waller SpeaksTUESDAY, JUNE 23* 9:45a Flash Manufacturing PMI (prev 55.3 → est 54.6)* 9:45a Flash Services PMI (prev 50.9 → est 51.0)WEDNESDAY, JUNE 24* 8:30a Current Account (prev -191B → est -219B)* 10a New Home Sales (prev 622K → est 637K)THURSDAY, JUNE 25* 8:30a Core PCE Price Index m/m (prev 0.2% → est 0.3%)* 8:30a Final GDP q/q (prev 1.6% → est 1.6%)FRIDAY, JUNE 26* 10a Revised UoM Consumer Sentiment (prev 48.9 → est 50.0)* 10a Revised UoM Inflation Expectations (prev 4.6%)***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internTechnical Comments:

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: FOMCMONDAY, JUNE 15* No major US releasesTUESDAY, JUNE 16* No major US releasesWEDNESDAY, JUNE 17* 8:30a Core Retail Sales m/m (prev 0.7% → est 0.5%)* 8:30a Retail Sales m/m (prev 0.5% → est 0.5%)* 2p Federal Funds Rate (prev 3.75% → est 3.75%)* 2p FOMC Economic Projections* 2p FOMC Statement* 2:30p FOMC Press ConferenceTHURSDAY, JUNE 18* 8:30a Unemployment Claims (prev 229K → est 225K)FRIDAY, JUNE 19* 8a Bank Holiday***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internTechnical Comments:

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: FOMCMONDAY, JUNE 15* No major US releasesTUESDAY, JUNE 16* No major US releasesWEDNESDAY, JUNE 17* 8:30a Core Retail Sales m/m (prev 0.7% → est 0.5%)* 8:30a Retail Sales m/m (prev 0.5% → est 0.5%)* 2p Federal Funds Rate (prev 3.75% → est 3.75%)* 2p FOMC Economic Projections* 2p FOMC Statement* 2:30p FOMC Press ConferenceTHURSDAY, JUNE 18* 8:30a Unemployment Claims (prev 229K → est 225K)FRIDAY, JUNE 19* 8a Bank Holiday***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internTechnical Comments:

Housekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: FOMCMONDAY, JUNE 15* No major US releasesTUESDAY, JUNE 16* No major US releasesWEDNESDAY, JUNE 17* 8:30a Core Retail Sales m/m (prev 0.7% → est 0.5%)* 8:30a Retail Sales m/m (prev 0.5% → est 0.5%)* 2p Federal Funds Rate (prev 3.75% → est 3.75%)* 2p FOMC Economic Projections* 2p FOMC Statement* 2:30p FOMC Press ConferenceTHURSDAY, JUNE 18* 8:30a Unemployment Claims (prev 229K → est 225K)FRIDAY, JUNE 19* 8a Bank Holiday***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internTechnical Comments:poly, short covering vs new longs entering 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

Housekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: FOMCMONDAY, JUNE 15* No major US releasesTUESDAY, JUNE 16* No major US releasesWEDNESDAY, JUNE 17* 8:30a Core Retail Sales m/m (prev 0.7% → est 0.5%)* 8:30a Retail Sales m/m (prev 0.5% → est 0.5%)* 2p Federal Funds Rate (prev 3.75% → est 3.75%)* 2p FOMC Economic Projections* 2p FOMC Statement* 2:30p FOMC Press ConferenceTHURSDAY, JUNE 18* 8:30a Unemployment Claims (prev 229K → est 225K)FRIDAY, JUNE 19* 8a Bank Holiday***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internTechnical Comments:poly, short covering vs new longs entering 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

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good MorningFeatured Analysis: In Other News: Data on Deck: MONDAY, JUNE 15* No major US releasesTUESDAY, JUNE 16* No major US releasesWEDNESDAY, JUNE 17* 8:30a Core Retail Sales m/m (prev 0.7% → est 0.5%)* 8:30a Retail Sales m/m (prev 0.5% → est 0.5%)* 2p Federal Funds Rate (prev 3.75% → est 3.75%)* 2p FOMC Economic Projections* 2p FOMC Statement* 2:30p FOMC Press ConferenceTHURSDAY, JUNE 18* 8:30a Unemployment Claims (prev 229K → est 225K)FRIDAY, JUNE 19* 8a Bank Holiday***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internTechnical Comments:Fish hooks

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaFeatured Posts on News Sites :Scottsdale Mint — Oil’s Sidelined Bid Zerohedge — Silver’s Third Wave: Bears Are Running Out of Time Yahoo — BBG: Gold Is Back to Pricing Fed Credibility X.com — Oil's Sidelined BidFeatured Analysis: News & Analysis: Data on Deck: CPIMONDAY, JUNE 8* No major US releasesTUESDAY, JUNE 9* 10a Existing Home Sales (prev 4.02M → est 4.07M)WEDNESDAY, JUNE 10* 8:30a Core CPI m/m (prev 0.4% → est 0.3%)* 8:30a Core CPI y/y (prev 2.8% → est 2.9%)* 8:30a CPI m/m (prev 0.6% → est 0.5%)* 8:30a CPI y/y (prev 3.8% → est 4.2%)THURSDAY, JUNE 11* 8:30a Core PPI m/m (prev 1.0% → est 0.5%)* 8:30a PPI m/m (prev 1.4% → est 0.7%)* 8:30a Unemployment Claims (prev 225K → est 220K)FRIDAY, JUNE 12* 10a Prelim UoM Consumer Sentiment (prev 48.2 → est 46.1)* 10a Prelim UoM Inflation Expectations (prev 4.5%)***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaFeatured Posts on News Sites :Scottsdale Mint — Zerohedge — Silver’s Third Wave: Bears Are Running Out of Time Yahoo — BBG: Gold Is Back to Pricing Fed Credibility X.com — Oil's Sidelined BidFeatured Analysis: News & Analysis: Data on Deck: CPIMONDAY, JUNE 8* No major US releasesTUESDAY, JUNE 9* 10a Existing Home Sales (prev 4.02M → est 4.07M)WEDNESDAY, JUNE 10* 8:30a Core CPI m/m (prev 0.4% → est 0.3%)* 8:30a Core CPI y/y (prev 2.8% → est 2.9%)* 8:30a CPI m/m (prev 0.6% → est 0.5%)* 8:30a CPI y/y (prev 3.8% → est 4.2%)THURSDAY, JUNE 11* 8:30a Core PPI m/m (prev 1.0% → est 0.5%)* 8:30a PPI m/m (prev 1.4% → est 0.7%)* 8:30a Unemployment Claims (prev 225K → est 220K)FRIDAY, JUNE 12* 10a Prelim UoM Consumer Sentiment (prev 48.2 → est 46.1)* 10a Prelim UoM Inflation Expectations (prev 4.5%)***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:Continues Below…

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaFeatured Posts on News Sites :Scottsdale Mint — China’s 19-Month Gold Streak Zerohedge — Gold’s Pullback Analyzed Yahoo — Platinum's Fourth Deficit X.com — China Buys The Dip (Bigger) in MayFeatured Analysis: News & Analysis: Data on Deck: CPIMONDAY, JUNE 8* No major US releasesTUESDAY, JUNE 9* 10a Existing Home Sales (prev 4.02M → est 4.07M)WEDNESDAY, JUNE 10* 8:30a Core CPI m/m (prev 0.4% → est 0.3%)* 8:30a Core CPI y/y (prev 2.8% → est 2.9%)* 8:30a CPI m/m (prev 0.6% → est 0.5%)* 8:30a CPI y/y (prev 3.8% → est 4.2%)THURSDAY, JUNE 11* 8:30a Core PPI m/m (prev 1.0% → est 0.5%)* 8:30a PPI m/m (prev 1.4% → est 0.7%)* 8:30a Unemployment Claims (prev 225K → est 220K)FRIDAY, JUNE 12* 10a Prelim UoM Consumer Sentiment (prev 48.2 → est 46.1)* 10a Prelim UoM Inflation Expectations (prev 4.5%)***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:

Housekeeping: Support Independent MediaFeatured Posts on News Sites :Scottsdale Mint — China’s 19-Month Gold Streak Zerohedge — Gold’s Pullback Analyzed Yahoo — Platinum's Fourth Deficit X.com — China's 19-Month Gold StreakFeatured Analysis: News & Analysis: Data on Deck: CPI/ PPI* Monday, Jun. 8 No events scheduled* Tuesday, Jun. 9 Existing Home Sales* Wednesday, Jun. 10 CPI* Thursday, Jun. 11 PPI* Friday, Jun. 12 Michigan Prelim Consumer Survey Jun.-45.548.2***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:Full Week:MONDAY, JUNE 8* No major US releasesTUESDAY, JUNE 9* 6a NFIB Small Business Index (prev 95.9 → est 96.0)* 8:15a ADP Weekly Employment Change (prev 35.8K)* 8:30a Trade Balance (prev -60.3B → est -56.4B)* 10a Existing Home Sales (prev 4.02M → est 4.06M)* 10a Final Wholesale Inventories m/m (prev 0.5% → est 0.6%)* 4:30p API Weekly Statistical BulletinWEDNESDAY, JUNE 10* 8:30a Core CPI m/m (prev 0.4% → est 0.5%)* 8:30a Core CPI y/y (prev 2.8% → est 2.9%)* 8:30a CPI m/m (prev 0.6% → est 0.3%)* 8:30a CPI y/y (prev 3.8% → est 4.2%)* 10:30a Crude Oil Inventories (prev -8.0M)* 1:01p 10-y Bond Auction (prev 4.47|2.4)* 2p Federal Budget Balance (prev 215.0B → est -276.4B)THURSDAY, JUNE 11* 8:30a Core PPI m/m (prev 1.0% → est 0.5%)* 8:30a PPI m/m (prev 1.4% → est 0.7%)* 8:30a Unemployment Claims (prev 225K → est 219K)* 10:30a Natural Gas Storage (prev 95B)* 1:01p 30-y Bond Auction (prev 5.05|2.3)FRIDAY, JUNE 12* 10a Prelim UoM Consumer Sentiment (prev 48.2 → est 46.1)* 10a Prelim UoM Inflation Expectations (prev 4.5%) 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

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaFeatured Posts on News Sites :Scottsdale Mint — Copper: Goldman Raises Price Targets on US Stockpiling Zerohedge — Silver: When Paper Shorts Meet Physical Truth Yahoo — Russia's Missing Gold Tonnes Suddenly Appear X.com — Mandeb's New BurdenFeatured Analysis: News & Analysis: Data on Deck: CPI/ PPI* Monday, Jun. 8 No events scheduled* Tuesday, Jun. 9 Existing Home Sales* Wednesday, Jun. 10 CPI * Thursday, Jun. 11 PPI * Friday, Jun. 12 Michigan Prelim Consumer Survey Jun.-45.548.2***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comMatthew Piepenburg: Weathering the Storm of Forced Gold Selling and Rising YieldsIn the latest installment of the GoldFix-Competent Investor Interview Series, Matthew Piepenburg, Partner at Von Greyerz Gold Switzerland, joined Tom Bodrovics to discuss the medium-term outlook for gold. Piepenburg acknowledged near-term headwinds, including forced gold selling by nations seeking liquidity and rising sovereign bond yields, but argued both ultimately strengthen gold’s long-term case. He contends that gold’s appreciation since 2000 reflects the steady debasement of fiat currencies rather than a traditional bull market. Record central bank buying, accelerating de-dollarization efforts, and growing distrust of sovereign debt are increasing gold’s role as a global settlement asset, while retail investors remain largely underallocated to what he views as the premier vehicle for long-term wealth preservation.Timestamps00:00:00 – Introduction00:00:55 – Headwinds: Forced Gold Selling00:04:14 – Rising Yields and Their Impact on Gold00:05:31 – Central Banks Continue Accumulating Gold00:10:11 – Retail vs. Central Bank Demand00:16:14 – Gold Swaps and Repatriation00:21:48 – Geopolitics and Currency Wars00:28:25 – UAE Exits OPEC and the Petro-Dollar Question00:33:22 – Concerns Over Stock Market Valuations00:42:20 – Federal Reserve Liquidity and Inflation00:47:44 – Energy Costs as an Inflation Driver00:51:40 – Concluding Thoughts

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaFeatured Posts on News Sites :Scottsdale Mint — Copper: Goldman Raises Price Targets on US Stockpiling Zerohedge — Silver: When Paper Shorts Meet Physical Truth Yahoo — Russia's Missing Gold Tonnes Suddenly Appear X.com — Mandeb's New BurdenFeatured Analysis: News & Analysis: Coming Soon Data on Deck: Jobs* MONDAY, JUNE 1 ISM* TUESDAY, JUNE 2 Job openings April 6.9 million* WEDNESDAY, JUNE 3 8:15 am ADP employment* THURSDAY, JUNE 4 8:30 am Initial jobless claims* FRIDAY, JUNE 5 U.S. employment reportJPMorgan sees 75k jobs being added, versus the Street’s estimate of 85k and 115k jobs in the prior print. For the unemployment rate (U.3) it sees 4.3% vs. 4.3% prior. For Average Hourly Earnings, +0.3% MoM and +3.4% YoY.The market should be muted in its reaction given the iran war news headline dominance***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaFeatured Posts on News Sites :Scottsdale Mint — Copper: Goldman Raises Price Targets on US Stockpiling Zerohedge — Silver: When Paper Shorts Meet Physical Truth Yahoo — Silver: When Paper Shorts Meet Physical Truth X.com — Mandeb's New BurdenFeatured Analysis: News & Analysis: Coming Soon Data on Deck: Jobs* MONDAY, JUNE 1 ISM* TUESDAY, JUNE 2 Job openings April 6.9 million* WEDNESDAY, JUNE 3 8:15 am ADP employment* THURSDAY, JUNE 4 8:30 am Initial jobless claims* FRIDAY, JUNE 5 U.S. employment report* SATURDAY, JUNE 6 Federal Reserve governor Michael Barr speech***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaFeatured Posts on News Sites :Scottsdale Mint — Higher in Steps: UBS Sees Copper Marching Toward $15,500 Zerohedge — Higher in Steps: UBS Sees Copper Marching Toward $15,500 Yahoo — Mandeb's New Burden X.com — Mandeb's New BurdenFeatured Analysis: News & Analysis: Coming Soon Data on Deck: Jobs* MONDAY, JUNE 1 ISM* TUESDAY, JUNE 2 Job openings April 6.9 million* WEDNESDAY, JUNE 3 8:15 am ADP employment* THURSDAY, JUNE 4 8:30 am Initial jobless claims* FRIDAY, JUNE 5 U.S. employment report* SATURDAY, JUNE 6 Federal Reserve governor Michael Barr speech***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:

Housekeeping: Support Independent MediaFeatured Posts on News Sites :Scottsdale Mint — Higher in Steps: UBS Sees Copper Marching Toward $15,500 Zerohedge — Higher in Steps: UBS Sees Copper Marching Toward $15,500 Yahoo — Washington's Trilogy Window X.com — Putin's Budget Pushback Featured Analysis: News & Analysis: Coming Soon Data on Deck: Jobs* MONDAY, JUNE 1 ISM* TUESDAY, JUNE 2 Job openings April 6.9 million* WEDNESDAY, JUNE 3 8:15 am ADP employment* THURSDAY, JUNE 4 8:30 am Initial jobless claims* FRIDAY, JUNE 5 U.S. employment report* SATURDAY, JUNE 6 Federal Reserve governor Michael Barr speech***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:* MONDAY, JUNE 110:00 amISM manufacturingMay52.7%10:00 amConstruction spendingApril0.6%11:50 pmMinneapolis Fed President Neel Kashkari speech in South KoreaTBAAuto salesMay15.9 million* TUESDAY, JUNE 28:55 amCleveland Fed President Beth Hammack speech10:00 amJob openingsApril6.9 million* WEDNESDAY, JUNE 38:15 amADP employmentMay109,0009:00 amFederal Reserve governor Michael Barr speech10:00 amFactory ordersApril1.5%10:00 amISM servicesMay53.6%2:00 pmFed Beige Book* THURSDAY, JUNE 48:30 amInitial jobless claimsMay 308:30 amU.S. productivityQ10.8%8:30 amRichmond Fed President Tom Barkin speech* FRIDAY, JUNE 58:30 amU.S. employment reportMay115,0008:30 amU.S. unemployment rateMay4.3%8:30 amU.S. hourly wagesMay0.2%8:30 amHourly wages year over year3.6%3:00 pmConsumer creditApril$24.8B* SATURDAY, JUNE 612:00 pmFederal Reserve governor Michael Barr speech 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

Housekeeping: Support Independent MediaFeatured Posts on News Sites :Scottsdale Mint — Higher in Steps: UBS Sees Copper Marching Toward $15,500 Zerohedge — Higher in Steps: UBS Sees Copper Marching Toward $15,500 Yahoo — Copper's Tariff Trade Returns X.com — Expense Report: 303 Gold Bars — Former CIA Officer Charged in $40M TheftFeatured Analysis: News & Analysis: Coming Soon Data on Deck: Jobs* MONDAY, JUNE 1 ISM * TUESDAY, JUNE 2 Job openings April 6.9 million* WEDNESDAY, JUNE 3 8:15 am ADP employment* THURSDAY, JUNE 4 8:30 am Initial jobless claims* FRIDAY, JUNE 5 U.S. employment report* SATURDAY, JUNE 6 Federal Reserve governor Michael Barr speech***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:* MONDAY, JUNE 110:00 amISM manufacturingMay52.7%10:00 amConstruction spendingApril0.6%11:50 pmMinneapolis Fed President Neel Kashkari speech in South KoreaTBAAuto salesMay15.9 million* TUESDAY, JUNE 28:55 amCleveland Fed President Beth Hammack speech10:00 amJob openingsApril6.9 million* WEDNESDAY, JUNE 38:15 amADP employmentMay109,0009:00 amFederal Reserve governor Michael Barr speech10:00 amFactory ordersApril1.5%10:00 amISM servicesMay53.6%2:00 pmFed Beige Book* THURSDAY, JUNE 48:30 amInitial jobless claimsMay 308:30 amU.S. productivityQ10.8%8:30 amRichmond Fed President Tom Barkin speech* FRIDAY, JUNE 58:30 amU.S. employment reportMay115,0008:30 amU.S. unemployment rateMay4.3%8:30 amU.S. hourly wagesMay0.2%8:30 amHourly wages year over year3.6%3:00 pmConsumer creditApril$24.8B* SATURDAY, JUNE 612:00 pmFederal Reserve governor Michael Barr speech 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

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comOn the latest installment of the GoldFix-Competent Investor Interview Series, Eric Yeung argues that actions matter more than headlines, viewing recent Middle East tensions as a controlled de-escalation likely to resolve within 30 days. He believes an oil glut, China’s reduced crude demand, Fed flexibility on inflation, and Treasury market strains increase the odds of a U.S. gold revaluation. Yeung remains bullish on gold, silver, and miners, citing continued Chinese gold buying, shifting silver demand, and institutional accumulation of precious metals.Timestamps:00:00:00 - Introduction00:01:00 - Managing News Noise00:05:10 - Oil Glut & Overproduction00:15:30 - Potential US Gold Revaluation00:17:40 - Weimar Hyperinflation Parallels00:23:00 - Central Banks Gold Purchases00:29:50 - China Liquidity Release Plans00:33:23 - Silver Demand From EVs00:35:09 - Smart Money In Miners

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaFeatured Posts on News Sites :Scottsdale Mint — Higher in Steps: UBS Sees Copper Marching Toward $15,500 Zerohedge — Higher in Steps: UBS Sees Copper Marching Toward $15,500 Yahoo — Expense Report: 303 Gold Bars — Former CIA Officer Charged in $40M Theft X.com — Expense Report: 303 Gold Bars — Former CIA Officer Charged in $40M TheftFeatured Analysis: News & Analysis: Coming Soon Data on Deck: GDP and PCE* MONDAY, MAY 25 None scheduled, Memorial Day holiday* TUESDAY, MAY 26 S&P Case-Shiller home price index * WEDNESDAY, MAY 27 None scheduled* THURSDAY, MAY 28 New home sales April * FRIDAY, MAY 29 GDP***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:Precious Metals Market RecapMarket ActivityYesterday marked an important turning point for gold and silver. Both metals opened under pressure, with gold testing its 200-day moving average near support early in the session. The setup initially looked weak, but buyers stepped in aggressively and both metals reversed sharply higher.

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaThe Reset is a process, not an event Featured Posts on News Sites :Scottsdale Mint — Hong Kong’s London Mirror Zerohedge — Turkey Sold Nearly All Its US Treasuries Yahoo — Aluminum's Gulf Squeeze X.com — Oil Oscillates as US-Iran Deal Uncertainty Lingers Featured Analysis: News & Analysis: Coming Soon Data on Deck: GDP and PCE* MONDAY, MAY 25 None scheduled, Memorial Day holiday* TUESDAY, MAY 26 S&P Case-Shiller home price index * WEDNESDAY, MAY 27 None scheduled* THURSDAY, MAY 28 New home sales April * FRIDAY, MAY 29 GDP and PCE***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:

Housekeeping: Support Independent MediaThe Reset is a process, not an event Featured Posts on News Sites :Scottsdale Mint — Hong Kong’s London Mirror Zerohedge — Turkey Sold Nearly All Its US Treasuries Yahoo — Oil Retreats on Iran Talks as US Drilling Activity Jumps X.com — Oil Oscillates as US-Iran Deal Uncertainty Lingers Featured Analysis: News & Analysis: Coming Soon Data on Deck: GDP and PCE* MONDAY, MAY 25 None scheduled, Memorial Day holiday* TUESDAY, MAY 26 S&P Case-Shiller home price index * WEDNESDAY, MAY 27 None scheduled* THURSDAY, MAY 28 New home sales April * FRIDAY, MAY 29 GDP and PCE***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:* MONDAY, MAY 25None scheduled, Memorial Day holiday* TUESDAY, MAY 269:00 amS&P Case-Shiller home price index (20 cities)March0.9%10:00 amConsumer confidenceMay92.8* WEDNESDAY, MAY 27None scheduled* THURSDAY, MAY 288:30 amInitial jobless claimsMay 238:30 amDurable-goods ordersApril0.8%8:30 amDurable-goods minus transportationApril0.9%10:00 amNew home salesApril682,000* FRIDAY, MAY 298:30 amGDP (second revision)Q12.0%8:30 amPersonal incomeApril0.6%8:30 amPersonal spendingApril0.9%8:30 amPCE indexApril0.7%8:30 amPCE (year-over-year)3.5%8:30 amCore PCE indexApril0.3%8:30 amCore PCE (year-over-year)3.2%8:30 amAdvanced U.S. trade balance in goodsApril8:30 amAdvanced retail inventoriesApril0.7%8:30 amAdvanced wholesale inventoriesApril1.3%9:45 amChicago Business Barometer (PMI)May49.2 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

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaThe Reset is a process, not an event Featured Posts on News Sites :Scottsdale Mint — Hong Kong’s London Mirror Zerohedge — Turkey Sold Nearly All Its US Treasuries Yahoo — Oil Retreats on Iran Talks as US Drilling Activity Jumps X.com — Oil Oscillates as US-Iran Deal Uncertainty Lingers Featured Analysis: News & Analysis: Coming Soon Data on Deck: GDP and PCE* MONDAY, MAY 25 None scheduled, Memorial Day holiday* TUESDAY, MAY 26 S&P Case-Shiller home price index * WEDNESDAY, MAY 27 None scheduled* THURSDAY, MAY 28 New home sales April * FRIDAY, MAY 29 GDP and PCE***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaThe Reset is a process, not an event Featured Posts on News Sites :Scottsdale Mint — Hong Kong’s London Mirror Zerohedge — Turkey Sold Nearly All Its US Treasuries Yahoo — The IGWT Report X.com — Oil Oscillates as US-Iran Deal Uncertainty Lingers Featured Analysis: News & Analysis: Coming Soon Data on Deck: GDP and PCE* MONDAY, MAY 25 None scheduled, Memorial Day holiday* TUESDAY, MAY 26 S&P Case-Shiller home price index * WEDNESDAY, MAY 27 None scheduled* THURSDAY, MAY 28 New home sales April * FRIDAY, MAY 29 GDP and PCE***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:Silver continues to show signs of accumulation, and last week’s three-day Doji formation now appears to have confirmed that view. What we are calling the “trading ledge” remains intact, and the structure increasingly suggests that steady buying is taking place during U.S. trading hours.

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good Morning Founders Sunday Discussion will Return in two weeks The Flow Show | Ground Control to Major TAMWhat is TAM?

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comMichael Oliver of Momentum Structural Analysis challenges the widespread belief that gold must drop when the stock market crashes, arguing this correlation is historically weak and unreliable. He points to 1987 as a prime example, where gold rose 7% during the crash, and notes that during the 2000-2002 bear market, there was no crash, only a prolonged decline. Timestamps: 00:00:00 - Introduction 00:00:30 - Gold Stock Correlation Myth 00:02:07 - Government Bond Market Time Bomb 00:04:45 - Momentum Transition to Upside 00:06:15 - False Linkage Verticality Outlook 00:10:00 - Stock Market Topping Process 00:15:00 - Silver and Gold Price Targets 00:17:47 - Late Bull Market Acceleration 00:22:40 - Fed Policy Bond Crisis 00:28:23 - Recession Depression Risks 00:31:32 - Fed & Politics 00:36:42 - Dollar Fiat Currency Outlook 00:40:35 - Commodities Capital Rotation 00:47:00 - Concluding Thoughts

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comAs part of the Competent Investor/ GoldFix project, Martin Armstrong, CEO & Chairman of Armstrong Economics, shares his insights on global politics, economic strategies, and the current geopolitical landscape with Tom Bodrovics.

Housekeeping: Support Independent MediaThe Reset is a process, not an event Featured Posts on News Sites :Scottsdale Mint — India Raises Taxes to Stem Bullion Demand Zerohedge — Turkey Sold Nearly All Its US Treasuries Yahoo — Nickel Climbs as Indonesian NPI Cuts and Export Controls Tighten Supply X.com — Ghana Escalates Gold Reserve Push, Seeks 30% Mine Output for Central BankFeatured Analysis: News & Analysis: Coming SoonData on Deck: Fed Minutes* MONDAY, MAY 18 8:30 am Atlanta Fed First Vice President Cheryl Venable welcoming remarks* TUESDAY, MAY 19 Pending home sales April1.5%* WEDNESDAY, MAY 20 2:00 pm Minutes of Fed’s May FOMC meeting* THURSDAY, MAY 21 S&P flash U.S. PMI * FRIDAY, MAY 22 10:00 am Consumer sentiment ***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:* MONDAY, MAY 188:30 amAtlanta Fed First Vice President Cheryl Venable welcoming remarks* TUESDAY, MAY 1910:00 amPending home salesApril1.5%7:00 pmPhiladelphia Fed President Anna Paulson speech7:45 pmAtlanta Fed First Vice President Cheryl Venable closing remarks* WEDNESDAY, MAY 202:00 pmMinutes of Fed’s May FOMC meeting* THURSDAY, MAY 218:30 amInitial jobless claimsMay 168:30 amHousing startsApril1.50 million8:30 amBuilding permitsApril1.37 million8:30 amPhiladelphia Fed manufacturing surveyMay26.79:45 amS&P flash U.S. services PMIMay51.09:45 amS&P flash U.S. manufacturing PMIMay54.5* FRIDAY, MAY 2210:00 amConsumer sentiment (final)May49.210:00 amU.S. leading economic indicatorsApril-0.6% 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

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaThe Reset is a process, not an event Featured Posts on News Sites :Scottsdale Mint — India Raises Taxes to Stem Bullion Demand Zerohedge — Bullion Bank: CBs Now Buying OTC Gold Under Radar Yahoo — Nickel Climbs as Indonesian NPI Cuts and Export Controls Tighten Supply X.com — Ghana Escalates Gold Reserve Push, Seeks 30% Mine Output for Central BankFeatured Analysis: News & Analysis: Coming SoonData on Deck: Fed Minutes* MONDAY, MAY 18 8:30 am Atlanta Fed First Vice President Cheryl Venable welcoming remarks* TUESDAY, MAY 19 Pending home sales April1.5%* WEDNESDAY, MAY 20 2:00 pm Minutes of Fed’s May FOMC meeting* THURSDAY, MAY 21 S&P flash U.S. PMI * FRIDAY, MAY 22 10:00 am Consumer sentiment ***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaThe Reset is a process, not an event Featured Posts on News Sites :Scottsdale Mint — India Raises Taxes to Stem Bullion Demand Zerohedge — Bullion Bank: CBs Now Buying OTC Gold Under Radar Yahoo — Move Over Brink's: China's Biggest Courier Is Getting Into Gold X.com — Ghana Escalates Gold Reserve Push, Seeks 30% Mine Output for Central BankFeatured Analysis: News & Analysis: Coming SoonData on Deck: Fed Minutes* MONDAY, MAY 18 8:30 am Atlanta Fed First Vice President Cheryl Venable welcoming remarks* TUESDAY, MAY 19 Pending home sales April1.5%* WEDNESDAY, MAY 20 2:00 pm Minutes of Fed’s May FOMC meeting* THURSDAY, MAY 21 S&P flash U.S. PMI * FRIDAY, MAY 22 10:00 am Consumer sentiment ***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaThe Reset is a process, not an event Featured Posts on News Sites :Scottsdale Mint — Tether’s Gold Buying Nears $20 Billion Zerohedge — US Inflation Is Going to Keep Climbing Higher Yahoo — The Strait and Narrow: Persian Gulf Crisis Pushes Brent Above $110 X.com — The Strait and Narrow: Persian Gulf Crisis Pushes Brent Above $110 Featured Analysis: News & Analysis: Coming SoonData on Deck: Fed Minutes* MONDAY, MAY 18 8:30 am Atlanta Fed First Vice President Cheryl Venable welcoming remarks* TUESDAY, MAY 19 Pending home sales April1.5%* WEDNESDAY, MAY 20 2:00 pm Minutes of Fed’s May FOMC meeting* THURSDAY, MAY 21 S&P flash U.S. PMI * FRIDAY, MAY 22 10:00 am Consumer sentiment ***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:Bonus: UBS Weekly Update

Housekeeping: Support Independent MediaThe Reset is a process, not an event Featured Posts on News Sites :Scottsdale Mint — Tether’s Gold Buying Nears $20 Billion Zerohedge — US Inflation Is Going to Keep Climbing Higher Yahoo — Scale Over Premium: Equinox's Orla Bid Signals New M&A Template for Gold Miners X.com — Beijing and the BarrelFeatured Analysis: News & Analysis: Coming SoonData on Deck: Fed Minutes* MONDAY, MAY 18 8:30 am Atlanta Fed First Vice President Cheryl Venable welcoming remarks* TUESDAY, MAY 19 Pending home sales April1.5%* WEDNESDAY, MAY 20 2:00 pm Minutes of Fed’s May FOMC meeting* THURSDAY, MAY 21 S&P flash U.S. PMI * FRIDAY, MAY 22 10:00 am Consumer sentiment ***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:* MONDAY, MAY 188:30 amAtlanta Fed First Vice President Cheryl Venable welcoming remarks* TUESDAY, MAY 1910:00 amPending home salesApril1.5%7:00 pmPhiladelphia Fed President Anna Paulson speech7:45 pmAtlanta Fed First Vice President Cheryl Venable closing remarks* WEDNESDAY, MAY 202:00 pmMinutes of Fed’s May FOMC meeting* THURSDAY, MAY 218:30 amInitial jobless claimsMay 168:30 amHousing startsApril1.50 million8:30 amBuilding permitsApril1.37 million8:30 amPhiladelphia Fed manufacturing surveyMay26.79:45 amS&P flash U.S. services PMIMay51.09:45 amS&P flash U.S. manufacturing PMIMay54.5* FRIDAY, MAY 2210:00 amConsumer sentiment (final)May49.210:00 amU.S. leading economic indicatorsApril-0.6% 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

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good AfternoonThe Flow Show | The Bidterms

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: This is the next installment of the GoldFix/Competent Investor interview series hosted by Tom Bodrovics. EnjoyTom Bodrovics and guest Gary Savage, president of Smart Money Tracker Premium, discuss how recency bias shapes market psychology, particularly in precious metals. Savage explains that intermediate corrections, which last eight to twelve weeks, completely reverse sentiment, turning overly bullish investors into deeply bearish ones after a sharp sell-off. He argues this shift is necessary to fuel the next rally: when sentiment becomes extremely bearish, there are few remaining sellers, providing the foundation for a new advance.Gary believes the bottom for gold and silver occurred in March and that the market has re-entered a “wall of worry” phase, extending the bull market rather than entering a parabolic blow-off top. He notes silver is already making higher highs and lows, confirming strength, while gold has yet to follow. The dollar is in a secular bear market, which supports precious metals over the long term. Savage suggests oil near $100 could trigger a recession if it remains elevated, leading to a deflationary period where all assets fall before central banks intervene. He warns against shorting the stock market during a bubble, noting parabolic moves can persist longer than expected. AI, he believes, will lead to creative destruction similar to past technological shifts.Finally, Savage emphasizes that societal cycles follow a pattern where hard times create strong leaders, good times create weak ones, and current conditions suggest a period of inflation, war, and eventual reset. He closes by recommending investors focus on dollar weakness and gold confirming silver’s uptrend, while avoiding buying near market tops.Timestamps:* 00:00:00 - Introduction* 00:00:16 - Recency Bias and Corrections* 00:04:34 - Psychology Fueling Rally* 00:09:01 - Silver Leading Cycle* 00:10:53 - Wall of Worry Targets* 00:13:52 - Dollar Bear Market Role* 00:17:12 - Stocks Bubble Phase* 00:19:24 - Semiconductor Parabolic Moves* 00:22:43 - Oil Triggering Recession* 00:25:17 - Fed in Inflationary Recession* 00:27:10 - Investing After Metals Top* 00:33:14 - AI and Job Impacts* 00:40:02 - Cycles and Common Sense* 00:42:18 - Concluding Thoughts

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaThe Reset is a process, not an event Featured Posts on News Sites :Scottsdale Mint — Tether’s Gold Buying Nears $20 Billion Zerohedge — US Inflation Is Going to Keep Climbing Higher Yahoo — Scale Over Premium: Equinox's Orla Bid Signals New M&A Template for Gold Miners X.com — Beijing and the BarrelFeatured Analysis: News & Analysis: Coming SoonData on Deck: CPI/ PPI* MONDAY, MAY 11 Existing home sales* TUESDAY, MAY 12 CPI year over year* WEDNESDAY, MAY 13 PPI year over year* THURSDAY, MAY 14 U.S. retail sales* FRIDAY, MAY 15 Empire State manufacturing ***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaThe Reset is a process, not an event Featured Posts on News Sites :Scottsdale Mint — Tether’s Gold Buying Nears $20 Billion Zerohedge — China PBOC Buys Gold 18 Months Straight, Adds 8.1 Tonnes Yahoo — Modi Targets Bullion Imports as India Raises Gold, Silver Duties to 15% X.com — UBS Warns Silver Upside Is Narrowing FastFeatured Analysis: News & Analysis: Coming SoonData on Deck: CPI/ PPI* MONDAY, MAY 11 Existing home sales* TUESDAY, MAY 12 CPI year over year* WEDNESDAY, MAY 13 PPI year over year* THURSDAY, MAY 14 U.S. retail sales* FRIDAY, MAY 15 Empire State manufacturing ***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check: