• Category : Market Updates

  1. OCM MARKET UPDATE- JULY

    OCM Investment Case for Gold Assets – A Familiar Theme Gold price (US$) correlation to Total Federal Debt Outstanding since President Nixon closed the “Gold Window” in 1971 is 91%. The correlation since 2001 stands at 88% (see Chart 1).  Total Federal Debt has risen from $23.2 trillion to $26.4 trillion or 12% in the…

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  2. Market Update April 2020

    Total Federal Debt Outstanding to Gold Price – Historically High Correlation We have shown this chart before, but with all pretense, in our opinion, of fiscal and monetary policy discipline now out the window, it is important to focus on the highest correlation the gold price has had since President Richard Nixon stopped allowing foreign…

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  3. OCM Market Update – November 2019

    Dutch Central Bank Reaffirms Gold’s Preeminent Monetary Characteristics De Nederlandche Bank (DNB) recently updated its website regarding its gold holdings with the following statement that is worth noting. The phrases, “In times of financial crisis” or “If the system collapses,” were of particular interest considering the present uncertain state of global monetary policy. The information…

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  4. Market Update – August 2019

    Gold Price in USD Break Out Gold in US dollars broke six years of constraint when prices moved above $1380/oz. in June 2019. Chart technicians like to say, “Price action first, the narrative will follow.” Source: Global Insight and CSI Gold Price Narratives: The Federal Reserve and world central banks failed to “normalize” interest rates…

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