SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : The Great Gold and Silver Mining Rush of the 21st Century

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: dara10/2/2025 11:07:38 AM
   of 9449
 
Good morning!

The US$ is trading up, currently at 97.939.

WTIC and Brent are lower, down 1.23% and 1.24% while natgas is higher, up 2.96% to $3.58.

Gold and silver are negative, down 0.95% and 3.13%.

Conversely, Dr. Copper is positive, up 0.39% to $4.8990.

Platinum and palladium are lower by 1.48% and 2.50%.

Jim Wyckoff's Signal:

kitco.com

Gareth Soloway (Comments on commodities start at the 19:45 minute mark.)

youtube.com

Yesterday Gareth did a podcast on silver:

youtube.com

From Bloomberg:

The world is hungry for power and the AI-driven demand for gas turbines is risking a new global energy crunch.

  • Orders for turbines to power natural gas plants are vastly outpacing supply, threatening the world’s ability to keep pace with rising electricity demand.
  • The industry is dominated by three major players who supply dozens of the largest turbines each year, but that’s not remotely close to satisfying demand.
  • Suppliers have been caught flat footed by the acceleration in orders and in the US, natural gas fuel accounted for about 40% of electricity generation.
  • President Donald Trump’s policy moves against renewable energy, in addition to the proliferation of data centers and a thirst for more power, are expected to exacerbate demand further.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext