Independent thinking for complex markets and current events
.@FiveThirtyEight Polling Average National🟥 Trump: 41.0% (+0.9)🟦 Biden: 40.1%🟨 RFK Jr: 9.2% • June 13, 2020: Biden +8.1• 2020 final average: Biden +8.4—June 13, 2024 vs [June 13, 2020] • Arizona: Trump +4.3 [Biden +4.0] • Pennsylvania: Trump +1.4 [Biden +4.2]… https://t.co/7soOpA26IL pic.twitter.com/5dXZTbu1Qg — InteractivePolls (@IAPolls2022) June 13, 2024
Silver production in Peru continues to fall severely, now down 43% from peak levels. Together with China, Peru is projected to be the second-largest producer of silver globally. Limited new supply paired with structurally higher demand is the perfect recipe for major price… pic.twitter.com/dQXLhI2T01 — Otavio (Tavi) Costa (@TaviCosta) May 28, 2024
The strength of this monthly candle is really Bullish. If we have no manipulation I see no reason that $40 should be a problem. In Trader terms this is what we call a Blue Sky Breakout! Rare or unchartered territory! h/t lifeofleisure2068
China 🇨🇳 is trading Silver near $35.25 a Troy ounce today. pic.twitter.com/Y1egW53MYx — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) May 20, 2024 if it trades “limit up”, it means it has hit the level the exchange stops trading — for everyone to take a pause. h/t S-man
from Kerry Lutz’s Financial Survival Network In this engaging discussion, Kerry hosts Craig Hemke to delve into the dynamics of the precious metals market. Hemke kicks off the conversation by analyzing the recent breakout in the market, just as the Federal Reserve began to cut interest rates. He outlines the various factors currently influencing the market’s performance and …
Gold and Silver on steroids will destroy all the banks. View post on imgur.com https://finviz.com/futures_charts.ashx?p=d&t=SI h/t jlee2027
On May 8, U.S. Representative Alex Mooney (R-WV) reintroduced The Monetary Metals Tax Neutrality Act (H.R. 8279), a piece of ‘sound money legislation’ that proposes removing all federal income taxation from gold and silver coins and bullion. “My view, which is backed up by… pic.twitter.com/L83ZX5hleD — Wall Street Mav (@WallStreetMav) May 13, 2024
Imagine my surprise when I checked the futures this morning. Bitcoin halving in about 12 hours. https://finviz.com/futures.ashx “That is the only thing that has kept the doors open, so to speak, is the fact we are able to borrow an unlimited amount of money because we are the world reserve currency. Foreigners backing away from …
by nationalcollapse It may have come to your attention that the price of gold and silver has increased significantly over the last month. There has been some reporting on the issue, but mainstream analysis of the trend is largely limited to the “usual suspects” – geopolitical tensions (check), reckless and unsustainable government spending (check), and …
JPMorgan Chase CEO Jamie Dimon sounds the alarm on inflation, wars, and Fed policy, painting a bleak economic picture. Despite beating Q1 earnings, concerns arise over rising interest expenses and missed estimates, pressuring the stock. Gold and silver are defying conventional market trends amidst debt market weakness and a strengthening dollar. They exhibit resilience, surpassing …
pic.twitter.com/UuOgLAgagH — Simonwins (@simonwins28) April 8, 2024
China Maintains Yuan Defense After Currency Nears Red Line (Bloomberg) — China stuck to a pattern of keeping yuan weakness contained as pressure from a resilient dollar and poor investor sentiment pushes it toward a policy red line. The People’s Bank of China kept its daily reference rate for the managed currency broadly unchanged, implying …
This is undoubtedly the best-looking chart I've seen in my career. One of the most important macro developments unfolding as of late. If you ask me, the silver rush is just getting started. pic.twitter.com/AYDvY5fQiL — Otavio (Tavi) Costa (@TaviCosta) April 3, 2024
Gold coming off its highs in New York trading but Silver prices refuse to be smashed!#Silver wants to challenge $26+/oz area breakout this week, perhaps even today? We are close to something big. We are close! pic.twitter.com/oGSwtWxbMx — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) April 2, 2024 10 year yield rises to highest since …
via moneymetals (Salt Lake City, Utah) – Utah Governor Spencer Cox signed legislation on Thursday empowering the state Treasurer to secure state funds with a significant allocation to physical gold and silver. Sponsored by Rep. Ken Ivory, House Bill 348 permits the Treasurer to hold up to 10% of certain state reserve accounts in precious metals to help …
JUST IN: #Bitcoin surpasses silver to become the 8th largest asset in the world. — Watcher.Guru (@WatcherGuru) March 11, 2024 Hedge Fund equity long exposure is at 5-year highs according to Goldman Sachs 👀 pic.twitter.com/4DG9YVzjMq — Barchart (@Barchart) March 11, 2024
Fortune (via MSN) Costco is becoming a go-to place for the discerning shopper of precious metals (not to mention Yukon Cornelius). The retailer, whose 24-karat gold bars were a hit with shoppers (and gave a big boost to the company’s e-commerce division), has now added silver coins to its offerings. Shoppers/investors can pick up a …
Bitcoin hit a $67,500 high Monday, and is rapidly approaching silver’s nearly $1.4 trillion market capitalization. Ether topped $3,600 for the first time since January 2022 amid strong institutional demand. BlackRock’s bitcoin ETF saw another busy trading day, recording over $2 billion in volume before market close. Bitcoin (BTC) continued to knock off $1,000 milestones …
CAIRO (Reuters) – Egyptian women traditionally receive a gold jewellery set, or “shabka”, on their engagement. But as surging prices and a weakening currency have driven up demand for the precious metal, some are getting silver instead. The trend is a measure of an economic crisis in which inflation has been running at more than …
The Daily Gold, Released on 2/4/24 Gold has important short-term support at $2000 and Silver does at $22. If the metals lose those levels then there could be more selling. However, it could setup a significant low before the spring. Gold in a vacuum looks incredible technically. However, Gold against the Stock Market is at …
LONDON, Jan 29 (Reuters) – Pandora (PNDORA.CO), opens new tab, the world’s largest jeweller by amount of products sold, has stopped using mined silver and gold and now only manufactures with recycled precious metals, which require less energy to produce. The Danish company, known for its $65 to $95 charm bracelets, buys around 340 tonnes …
Image by zlataky From Peter Reagan at Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: $2,050 to $2,075 as the new resistance for gold, silver seems to be getting attention, and what’s in the small print of New Hampshire’s proposed gold as …
Mexico's silver production is now declining double digits annually for the first time in almost a decade. Historical trends indicate that substantial contractions in new supply have presented excellent opportunities to invest in the metal. More importantly: Consider that… pic.twitter.com/TZGdLjcJJX — Otavio (Tavi) Costa (@TaviCosta) December 27, 2023
With gold setting the stage for a significant move, 2024 is likely to be the year for precious metals. Investors remain gun-shy about deploying capital into the mining industry, which is poised to be one of the best segments of the market in the coming year. Silver,… pic.twitter.com/JZaRMU1pLl — Otavio (Tavi) Costa (@TaviCosta) December 19, 2023 …
Funny how that works. Even more funny how literally everything has doubled, tripled or quadrupled in price in just the last 3 years. Yet somehow spot silver is under $23. It’s like…magic. And I’ve been hearing for several months now that there are way more sellers than there are buyers. I suppose these are the …
https://www.usdebtclock.org/ h/t jlee2027
by InternationalTop2405 The more the denarius was diluted, the more coins were in circulation. The more the dollar is diluted, the more currency units are in circulation.
Discover the incredible saga of the 1970s’ most thrilling financial showdown in history! In this eye-opening video, we delve into the “Great Asset Race,” where gold, silver, stocks, and real estate competed for the ultimate prize. Key Takeaways: Gold’s Meteoric Rise: Witness how gold’s value soared from $34.75 to a staggering $873 per ounce, turning …
by confoundedinterest17 There goes the economy! As The Federal Reserve is poised to continue it inflation-fighting crusade, the US economy is rapdily approaching DEFLATION. US Producer Price Index FINAL DEMAND fell to 0.1% YoY in June. Bidenomics, the combination of insane monetary stimulus and insane directed Federal spending towards going green at all costs, is …
