Spot Price Update: Gold prices have been on a strong uptrend, recently hitting new all-time highs. In many recent instances of short-term pullbacks, prices have rebounded swiftly as buyers step in. Investor demand—particularly from central banks—remains high, with many standing by to take advantage of any weakness.

For the latest spot pricing and performance charts, click here.

The Triple Tank: It’s extremely rare for stocks, bonds, and a major currency to all decline at once — yet that’s exactly what recently happened in the U.S. This pattern is a red flag for deep investor anxiety and large-scale capital flight. Historically, similar episodes have only occurred during moments of severe instability—in Britain in 2022, in Japan in the late-1980s, and in the U.S. after Nixon ended the gold standard in 1971.

When all three markets fall together, it signals a loss of global confidence in a country’s economy, government, and currency. Investors often respond by pulling money from U.S. assets and reallocating to foreign bonds and currencies, or gold, a historically trusted reserve asset. The consequences can be severe: rising interest rates, heavier debt burdens, and pressure on the financial system.

Currency Crosswinds: The New Taiwan Dollar surged over 5% this week before Taiwan’s central bank intervened to slow “excessive” inflows. Meanwhile, the U.S. dollar strengthened against several regional currencies, and in Hong Kong, authorities were forced to sell U.S. dollars and buy Hong Kong dollars to maintain the city’s long-standing currency peg.



Past performance is not indicative of future results.