#GOLD price just started to inhaling the negative tendance in US employment, which will probably induce more aggressivity of FED on rate cut. https://t.co/Bayd8BMOQj
— constantin savin (@savinfamily) August 21, 2024
Chinese gold buyers are back…
China issues new gold import quotas after pause after two-month pause.
Several Chinese banks have been given new gold import quotas from the central bank, anticipating revived demand despite record high prices… https://t.co/aVLNMEhCMS
— Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) August 21, 2024
Yeah for the first time in a while the Fed’s balance sheet is now expanding, but of course nobody is talking about it yet
But I think the BLS revision lower tomorrow might trigger the right out QE ☕️
— InvestiBrew (@InvestiBrew) August 20, 2024
Cute chart, S&P 500 valued in gold. There is time to prefer gold over stocks like in 2000, and there is time to own stocks instead of gold like in 1980 and 2009.
Next extreme will come for sure. pic.twitter.com/6iypMMVyTH
— Michael A. Arouet (@MichaelAArouet) August 21, 2024