This interview was filmed on March 17th, 2023. It was published the Vancouver Resource Investment Conference channel on You Tube.

Unquestionably, gold has had an exceptional week rising dramatically after the release of last month’s CPI index earlier this week. However, market participants must be laser-focused on gains or losses as they pertain to dollar strength or weakness. This is because the dollar has been the largest influence on daily price change. Over the last week, the dollar has dropped considerably.

On the surface, traders are witnessing higher pricing in physical and forex gold, as well as gold futures in trading today. Gold futures basis the most active August contract is currently up $3.30 or 0.17%, spot gold is currently fixed at $1960 up $2.70, and Forex gold is currently up four dollars or 0.20% and fixed at $1960.40.

At 8:30 EDT the Labor Department released the latest inflationary report, the Consumer Price Index (CPI) for June. The report revealed that inflation has declined to its lowest monthly increase since August 2021. The Consumer Price Index gained 0.2% last month double the increase of 0.1% in May.

The traditional cause-effect relationship between inflation and gold prices may not hold true in the current economic climate. Typically, gold has been considered a haven asset and a hedge against inflation, leading to higher prices during periods of inflation. Conversely, gold has historically lost value when reports indicate lower inflation.

This interview was recorded in on Feb 8, 2023

For most people, the concept of making money when the market is going up is easy. However, many are stumped when thinking of ways to make money when the market goes down. The answer lies in understanding the difference between fundamental and technical investing.

What a disparity in the two jobs reports released this week. Yesterday ADP released its private sector payrolls for June which came in more than twice the estimate of economists polled by the Wall Street Journal. Economists had forecast that the report would reveal that 220,000 jobs were added to private sector payrolls last month and the actual numbers showed that 497,000 jobs were added.

Investors are increasingly anticipating a July rate hike by the Federal Reserve, buoyed by the release of a strong ADP private sector jobs report. This report is considered a precursor to the government's nonfarm payroll jobs report by the Bureau of Labor Statistics, which is scheduled for release on Friday.

Gold prices have experienced a downward trend recently as the possibility of a Federal Reserve rate hike looms. With the next Federal Open Market Committee (FOMC) meeting scheduled to conclude on July 26, market participants are eagerly awaiting the central bank's decision.

In both comedy films and real life, we often encounter situations where meticulously crafted plans fall flat on their faces. This article takes a humorous perspective on the notion that sometimes fiction can be more viable than a supposedly well-thought-out plan.