September 3, 2025 - (Gold Market Wire) - The Gold market continues to surge, on the back of increasing Bond Market weakness in Japan, political instability in Europe, and the lack of a resolution to war in Ukraine.

The six month congestion period has decisively ended, as the chart reveals, and Gold is in a new atmosphere.

Given the six months of congestion we've just gone through, we are less inclined to believe this is a parabolic/technical move higher, and more inclined to see this as fundamental move reflecting a serious Monetary Crisis situation, supported by increasing risk parameters surrounding debt and war. The old currency system is dying out, and, as conflicts and divisions expand across the world, there is little sign of a resolution to the Monetary problems. In actuality, those problems may be expanding in area and increasing in intensity. Resolution to monetary crises occur at war's end. We are not there and not close. In fact, we are likely at the beginning of a major conflict.

As such we can see no change to core positions that are held. Pullbacks should lead to accumulation. Our strategy of scale-down buying in Silver continues to work. Profit taking on a partial basis, when updrafts happen are recommended in Silver, but they should be limited to 1/3 of the position only. Reloading on down-drafts, or course, is the re-position.