Bitcoin surpassed Silver in Market Cap.
Silver is our long term gold, while crypto is just a pump and dump. h/t MrEdwL
Independent thinking for complex markets and current events
Silver is our long term gold, while crypto is just a pump and dump. h/t MrEdwL
The correction began a few weeks ago and accelerated after the election. We discuss the potential support levels for Gold & Silver and GDX and GDXJ.
Despite support from Republican Party presidential nominee Donald Trump, just 55.9% of the roughly 10.6 million votes cast for Amendment 3 were in favor of its passage. Because the Sunshine State’s constitution needs to be amended to legalize adult-use weed, a 60% “yes” vote would have been necessary for it to pass. It’s undoubtedly a …
Not even close. Polling data expert Nate Silver slammed election forecasts showing a close race between presidential candidates Kamala Harris and Donald Trump across several states. Silver accused many pollsters of “herding” to ensure their predictions aren’t too far off from other predictions. “In fact, I kind of trust pollsters less, they all, every time …
For example, today’s Marist Michigan Poll has Harris up one over Trump, but wildly manipulates numbers to get there, using “Independents” at 28% (!!!), and “Undecided” in double digits,. NO ONE is undecided four days before an election, especially this one Nate Silver to pollsters: “You’re f*cking herding. You’re cheating … Your numbers aren’t all …
Have you seen his posts lately? His breakdown seemed to kick off with posts like these of the Kamala collapse: #NEW Nate Silver 2024 election forecast update 🔴 Trump: 54.4%🔵 Harris: 45.3% pic.twitter.com/oojVeSRiTL — Eric Daugherty (@EricLDaugh) October 29, 2024 Then Biden calling 1/2 the USA Garbage has sent him spiraling. He knows the Harris …
Silver Prices Surge: Banks Face Billion-Dollar Losses TLDR: Silver prices surged over 6%, surpassing $33.6 per ounce. Five major U.S. banks face billions in potential losses from heavy short positions. Open interest in silver futures reached 141,580 contracts, nearly one year’s production. Short positions now estimated underwater by $1.3 billion. Critics argue short selling distorts …
by Jesse Colombo For the past several weeks, I’ve been writing about an imminent silver breakout that could quickly push prices to $50. During this time, I’ve observed significant investor cynicism, as many grew frustrated with silver’s sideways movement over the last five months. I encouraged investors to remain confident, as I believed silver was …
This is not Apple, Tesla or even Nvidia. This is interest payments on the US national debt of $36 trillion. We now pay nearly $1.2 trillion per year in interest on the debt, about 23% of all taxes, tariffs and fees collected by the US govt goes to paying interest on the debt. pic.twitter.com/UoMe8MbZKL — …
When you get silver breaking out, you know that a major event is around the corner . Something big is brewing ,real big. This, not good.This, very bad. pic.twitter.com/pxRYjJYDku — The Great Martis (@great_martis) October 20, 2024 Is the Silver bull run just beginning? pic.twitter.com/x5cP7ACalC — Guilherme Tavares (@i3_invest) October 21, 2024 Silver could surpass …
The Daily Gold, Released on 10/11/24 The miners had a strong week as GDXJ and SILJ gained 2% on the week and Silver lost 2% and Gold gained only $8/oz.
by Mike Maharrey Russia reportedly plans to add silver and boost its gold, platinum, and palladium holdings in its state fund next year. This would be the first time Russia has held silver in its state fund. According to an Interfax report, the 2025 budget calls for an allocation of 51.5 billion rubles to buy precious metals …
“Stock markets to fall 50% or more as gold and silver rise by hundreds of percent. Quite a few people disagreeing with the attached post, and even saying 0% chance. Please study the evidence. It’s becoming highly likely” Stock markets to fall 50% or more as gold and silver rise by hundreds of percent. Quite …
The stock market is very close to confirming a high probability of falling 90-97% versus silver. Observe & position accordingly #Preciousmetals #Gold #Silver #Stockmarket pic.twitter.com/7RfyLslLOn — Northstar (@NorthstarCharts) October 6, 2024 Silver chart is looking very bullish. Having back-tested post-covid highs of 4 years ago silver is set up for a strong move higher. Poor …
“Silver is making another strong move, decisively breaking out of a 13-year resistance level. A compelling approach to identifying the beginning of a new secular trend in commodities is to examine the rotational dynamics of price behavior among various resources. Instead of witnessing uniformly depressed prices across the board, we often observe significant surges in …
Russia will be buying its own palladium, platinum, silver and gold for the state fund. I didn't include silver in this table, but Russia had 1200 tonnes of Ag metal content mine production in 2023, nearly 5% of world production. pic.twitter.com/vWwxDtA6Ma — Tony Norfield (@StubbornFacts) September 30, 2024
This chart sure makes appear that the silver price has some catching up to do.#SilverSqueeze pic.twitter.com/19UBjPhwta — TF Metals Report (@TFMetals) September 24, 2024
via Alasdair Macleod It has been an excellent week for gold and silver bulls. But is a correction now due, and if so, how deep and for how long? It looks like being severely limited. Gold continued to make new highs this week, today trading below yesterday’s best level of $2685 spot this morning in …
https://www.youtube.com/watch?v=W2vxkpSKakI
Yes, and #silver went from under $9 to $48. https://t.co/2gXFTVqWHs — David Morgan (@silverguru22) September 19, 2024 The focus solely on the labor market was a BIG mistake — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) September 18, 2024 Sorry, this is what they are calling normal? — GEO.P 🇺🇸 (@WhydaInsanity24) September 19, 2024
Pollster Nate Silver says Vice President Harris missed a major chance to pick up voters in the center when she passed over Pennsylvania Gov. Josh Shapiro (D) as her running mate. Harris “blew one big opportunity to tack to the center with her selection of [Minnesota Gov. Tim Walz (D)] rather than Josh Shapiro: that …
Wow. Trump’s lead widens in Nate Silver’s model. 🔴 Trump – 62%🔵 Harris – 38% Trump is now a bigger favorite to win the electoral college, than Harris is to win the popular vote. pic.twitter.com/XydCzEbRih — Geiger Capital (@Geiger_Capital) September 6, 2024 Things going from bad to worse for Kamala. https://t.co/KINzcZp1Vp pic.twitter.com/pOiNWGJI4t — Bill Mitchell …
Layoffs accelerate and job growth slows, according to the #ADP and #Challenger job reports. This doesn't look good for #consumer spending or the economy. #Gold and #silver are both up. pic.twitter.com/KP9kqsQUnK — Rob Kientz | The Freedom Report (@freedom_rpt) September 5, 2024 Embryonic Capital Rotation Event Observations Clues to #gold, #silver and #Miners moving up …
ByClaudio Grass It’s been a fantastic year for physical precious metals owners and by many accounts, the best is yet to come. All the issues we’ve been warning against for years, including inflation, currency debasement and government suppression of individual financial liberty have started boiling over in a way that is so obvious, that even the most …
Meanwhile: China reported record levels of silver imports. pic.twitter.com/LYYP7JYZXd — Otavio (Tavi) Costa (@TaviCosta) August 15, 2024 In 2022, China exported $3.75 billion worth of silver, making it the largest exporter of silver globally. The main destinations for Chinese silver exports were Hong Kong, Turkey, Thailand, India, and Japan. On the import side, China brought in $1.1 billion worth of silver, ranking as the 10th largest importer. The primary sources of …
by Mike Maharrey Rapidly increasing industrial and military demand for silver is depleting global inventories, and the rate may well accelerate quickly. Silver demand has outstripped supply for three straight years and the Silver Institute projects another market deficit this year. In 2023, the silver market charted a structural deficit of 184.3 million ounces. The …
So much for the establishment media’s overhype of Democrat presidential candidate Vice President Kamala Harris: a scientific model published on Tuesday demonstrates that GOP nominee for president former President Donald Trump is heavily favored to win the election. Statistician Nate Silver’s model, which pulls together polls and other data to forecast the probabilities of which …
It's just so weird living through this real-life Emperor Has No Clothes Moment. He obviously shouldn't be president for 4 more years. Everyone knows this. It's incredibly revealing which people are willing to lie about it. https://t.co/aLTwKCxneh — Nate Silver (@NateSilver538) July 17, 2024
View post on imgur.com Pollster Nate Silver, the founder of ABC’s FiveThirtyEight, called for President Biden to withdraw from the 2024 White House race after making “incoherent comments” in his first postdebate interview Friday. Earlier Friday, Silver wrote a column about whether a model could appropriately determine Biden’s chances of winning the election, as voters …