
Episode #25
Gold's Two-Month High and the Road to $5,000
Marcus and Sasha break down gold's move to a two-month high following soft US inflation data, unpacking why falling real rates rather than inflation itself are driving the metal higher. They review LBMA and UBS forecasts pointing toward $4,500 and $5,000 gold, then turn to Citi's bold $90 silver call, weighing whether investment demand can justify that target and examining CME's new round-the-clock silver futures. The conversation moves into mining and equities, covering the Equinox-Orla merger that created North America's senior gold producer, plus fresh exploration spending from Fortuna and Americas Gold and Silver. Marcus and Sasha debate whether leveraged mining stocks or physical bullion make more sense for a typical portfolio. The episode closes with a strange ten-million-dollar gold find beneath a Belgian brewery and a timely warning about gold-related phone scams, including a near-miss involving a 93-year-old victim and $600,000. - Why falling real rates, not inflation, are pushing gold prices higher - LBMA and UBS price targets and what they imply for the metal's outlook - The case for and against Citi's $90 silver forecast - What the Equinox-Orla merger means for gold mining industry structure - Three concrete red flags to help spot gold-related investment scams Questions or feedback? Reach the show at GoldStandard@heymato.com, and if you found this episode useful, subscribe and leave a review.

