Bigworld, Gold futures - 2404, and silver - 28.85.
Wow, this has been some move. At the end of Feb, gold was ~ 2060, and on March 1st it took off, and so far is up 17%. The way it's moving, 2500 could come next week, and that would put it up over 20%. Over the same time period, silver has gone from 22.91 to 28.85, so up over 25%. Usually it would take a falling US dollar to get gold moving strongly upward, but the dollar is actually up modestly since Mar 1, so go figure.
With such a sudden runup in gold, one possible explanation is that some key players have become aware of a coming crisis, so they are piling into gold. With the Middle East teetering on disaster for months, that would be the obvious possibility. It appears the Netanyahu gang have pivoted away from the Gaza operation, and are moving into the next phase against Syria, Lebanon --> Iran. So the broader 'US bombs Iran' scenario might be starting to unfold in the period ahead, with the first step being to initiate military strikes within Iran itself, and growing from there.
Just a guess, but I'm thinking that it might be time to start reducing the stock allocation. In addition to the geopolitical landmines, it looks like the Fed's % cut plans are being pushed back, and the election uncertainty will be growing as a negative factor for the markets.
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