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.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.43+1.6%Nov 10 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yard_man who wrote (217358)10/9/2025 7:06:27 PM
From: GROUND ZERO™  Read Replies (1) of 218640
 
I think we just saw a one day shake out for the metals...

Tomorrow the rally may well resume...

We already know the world's central banks have been buying gold and silver but they've not explained why...

I think I may have figured out a good reason why they're buying right now...

They've always accumulated U.S. Dollar due to the tariffs that had been imposed on our exports...

Now, that we're no longer paying those tariffs thanks to Donald, those banks can't accumulate dollars and the next best thing would be gold since any currency other than the dollar is useless to them...

Just my two cents on the topic...

GZ
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext