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

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From: dara9/8/2025 10:59:23 AM
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Good morning,

The US$ is trading at 97.605 on a slight downtick moving along a support line that extends from the Financial Crisis of 2008.

Commodities are heading higher with WTIC, Brent and natgas are positive, up 0.58%, 0.68% and 2.85% with natgas trading at $3.13.

Gold and silver are higher by 0.60% and 0.85%.

Dr. Copper is in the green, up 0.28% to $4.5660.

Platinum and palladium are higher by 0.61% and 2.98%.

Jim Wyckoff's Signal:

kitco.com

Gareth Soloway (Comments on commodities start at the 15:10 minute mark.)

youtube.com

From Bloomberg: (interest rate and commodity related news)

Federal Reserve chair candidate Kevin Hassett backed criticism of the central bank’s alleged mission creep, telling CBS that the Fed put its independence and credibility in jeopardy by expanding beyond its mandate. As this plays out, another markdown in US jobs growth would set the stage for an interest-rate cut, and yet more criticism of the Bureau of Labor Statistics.

Checking in with markets, oil clawed back some of last week’s loss after OPEC+ agreed to raise production at a modest rate—and despite a backdrop of doubts about how many of the producer group’s members can keep lifting output. Stocks rose globally at the start of a packed week of events that will be crucial in shaping investor mood.
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