Haymaker

Haymaker

Haymaker Daily

On billions, trillions, and bullion

Haymaker's avatar
Haymaker
Feb 23, 2026
∙ Paid

Hello, Subscribers:

The price of gold has been exceedingly strong in the wake of its definitive breakout above long-term resistance in early 2024. That was a highly bullish development, one we called your attention to at the time. Since then, it has risen by roughly 150% and now looks expensive against a wide range of commodities, particularly oil and natural gas.

User's avatar

Continue reading this post for free, courtesy of Haymaker.

Or purchase a paid subscription.
© 2026 David Hay · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture