8-28-25 Gold is Liquidity Source for Stocks | Before the Bell

Markets are doing fine, sitting right at all time highs, and money flows have been improving. Relative strength has improved, but still has a negative divergence. Nvidia was also sitting at all time highs, but will not be surprised to see it open lower. From a fundamental perspective, Nvidia is operating on "all cylinders," only the ultra-optimistic observers were disappointed in the company's earnings report. The Small-cap/Mid-cap space (IWM) has been performing better, but here's the concern: About 40% of these companies have NO profits, and are zombie companies, surviving on debt issuance. So this particular index is not all that healthy. Also remember, these companies are very, very economically sensitive. Any weakness in the economy will be reflected in the earnings of these companies. Yields have not done a lot, currently sitting at around 4.2%, which is where they should be trading in the present environment. Gold has behaved similarly, going nowhere and trading in a narrow range. Gold has become a liquidity source for stock chasing. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch the Video version of this report on our YouTube channel: http://bit.ly/47QZT3k ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Register for our next RIA Dynamic Learning Series event, "Savvy Medicare Planning," September 18, 2025: https://realinvestmentadvice.com/resources/events/savvy-medicare-planning-what-baby-boomers-need-to-know-about-medicare/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Gold #LiquiditySource #BullishTrend #NegativeDivergence #MarketCorrection #20DMA #50DMA #100DMA #200DMA #InvestingAdvice #Money #Investing