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

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From: dara10/6/2025 12:01:34 PM
   of 9449
 
Good morning,

The US$ is moving up, currently trading at 98.130.

Commodities as a group are also strong with palladium the making the biggest move.

WTIC, Brent and natgas are positive, up 1.48%, 1.61% and 1.44% with natgas trading at $3.37.

Gold and silver are moving higher making records, currently up 1.74% and 0.90%. Gold is nearing $4,000 and silver approaching $49.00. Retail is mostly out of this trade. Institutions are waking up.

Dr. Copper is weak, moving lower by 1.25%, trading at $5.0450.

Platinum and palladium are strong, up 1.036% and 4.64%.

Jim Wyckoff's Signal:

kitco.com

Gareth Soloway (Comments on commodities start at the 18:20 minute mark.)

youtube.com

From Bloomberg:

Stocks keep looking past the government shutdown (the AI optimism hasn’t dimmed yet) with US futures in the green. However, fiscal concerns in some of the world’s largest economies have driven investors toward perceived safety of Bitcoin and gold, sending both assets higher. Oil is also on the up, after OPEC+ agreed to raise production by a modest amount, staving off traders’ fears of a super-sized increase.
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