Hi everyone,
Welcome back to another installment of the audio newsletter.
As usual, there’s plenty to talk about. The quote often attributed to Lenin feels especially relevant right now: “There are decades where nothing happens; and there are weeks where decades happen.” Gold continues its march toward the $4,000 mark — now just 11.5% away. With September and October historically being the strongest months for gold, could we see it hit that milestone in the coming weeks?
Morgan Stanley certainly thinks it’s possible. They’ve just raised their gold price target to $5,000/oz by 2026. In tonight’s newsletter, I’ll break down some of the major narratives driving gold higher, and why deteriorating economic conditions in the U.S. could spell a nasty surprise this month. Remember, September is also historically the worst month for the S&P 500.
In this issue, I cover:
The Recent Birth of Baby Michał
Trump Stacking the Federal Reserve
Tether Backstopping the U.S. Debt Ponzi
Steven Mirran’s Whitepaper & His Potential Upcoming Role at the Fed
The U.S. Taking a Stake in Intel
Platinum’s Stellar Year
As always, I look forward to reading your comments below. For members, I’ll also be hosting an upcoming Q&A session — so if you have any questions, feel free to drop them in.
And before I sign off: a quick reminder that time is running out to join our late September Group Coaching for Investors start date. This program is designed to help you strengthen your risk management and wealth preservation skills, while also teaching you how to find opportunity during times of crisis. Including some of my top investment ideas for the coming year. If you’d like to learn more, send me a message at parallelmikepodcast@protonmail.com
Take care,
Mike
As a paid member, you’ll unlock weekly articles on wealth preservation and finance, my exclusive financial newsletter (released roughly twice a month), full access to the entire archive, and the ability to join the conversation with commenting privileges on every post. Your support makes this work possible — and gives you direct access to the insights, analysis, and community that matter now more than ever.