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Adam Sharp: Gold smells a rat
By Adam Sharp
Daily Reckoning, Baltimore
Wednesday, August 19, 2026
Boom! It was another great day for gold, silver, and miners.
The GDX gold miner ETF is up a whopping 9% as of midday.
Gold moved up 3.5% and crossed the $4,500 level. Silver also popped 3.5% to $66.43.
So ... what the heck happened?
... Dispatch continues below ...
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We got another signal that the U.S. government is desperate to get debt yields lower. And this is a great sign for gold bugs.
And before you protest, I know. Bonds, interest rates, and yields are boring. But this is critical stuff for anyone who owns precious metals, hard assets, foreign stocks, or fixed-income. So hang with me for a moment. ...
... For the remainder of the report:
https://dailyreckoning.com/gold-smells-a-rat/
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