The Good Morning Report – 12th May 2026

1. Indian Prime Minister Modi has asked his people not to buy GOLD in order to protect the Rupee…..Good luck with that; demand will probably push higher as the rich will become even more concerned about the diminishing value of the Rupee.

2. Interesting to see SILVER surge with OIL going up….The negative correlation that has existed since the war in Iran may have broken….As I’ve said many times – SILVER is an incredible store of ENERGY due to the enormous amounts of diesel already used up to mine and process the precious metal; majority of people are completely oblivious to that fact.

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