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Gold/Mining/Energy : The Great Gold and Silver Mining Rush of the 21st Century

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From: dara9/4/2025 10:36:33 AM
   of 9470
 
Good morning,

The US$ continues to trade in a consolidation pattern currently up on the day at 98.332.

Oil continues to be weak with WTIC and Brent lower by 1.20% and 1.31% while natgas is slightly in the green, up 0.36% to $3.08.

Gold and silver are taking a break, trading lower on the day by 1.00% and 1.88%.

Dr. Copper is down by 1.30% to $4.5705.

Platinum and palladium are getting hit, down 5.39% and 3.89%.

Jim Wyckoff's Signal:

kitco.com

Gareth Soloway (Comments on commodities start at the 15:20 minute mark with comments on the US$ and the yield on the 10 year treasury at the 7:25 mark.)

From Bloomberg:

Gold could rally toward $5,000 an ounce if the Fed’s independence is dented and investors shift a portion of holdings from Treasuries to bullion, Goldman Sachs said. In crypto news, Eric Trump’s American Bitcoin stake is now worth about $548 million, highlighting how the first family is profiting from the digital-asset industry.
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