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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bull_dozer who wrote (209024)11/19/2024 10:06:56 PM
From: TobagoJack  Respond to of 217542
 
>> THE F*CKING F*CKS

... re Hunt Bro 2.0 silver squeeze potential, all very exciting, because whilst there is no tradition of monetised (everyday spending) gold in China, silver monetised is part of DNA. The trump already promised to punish many if not all of the nations in the below line up, including USA, by tariff war, a very interesting development if actually followed through. Whether and how, am remaining agnostic but remain fully loaded with metals and miners.

en.wikipedia.org

















To: bull_dozer who wrote (209024)11/21/2024 9:36:23 PM
From: TobagoJack  Read Replies (1) | Respond to of 217542
 
just sending a sexy photo, for the words are a waste of pixels ... am of course premised on WWIII shall not progress from conventionally-tipped ICBM to anything more terrible
bloomberg.com
Gold Holds Four-Day Gain on Haven Demand and Dovish Fed Comments

Precious metal is on track for its best week since April Banks bullish on prospect prices will hit record highs in 2025

Sybilla Gross
22 November 2024 at 08:22 GMT+8

Gold held a four-day rally as haven demand added support amid an escalation in Russia’s war with Ukraine, while traders assessed prospects for further easing by the Federal Reserve.

Bullion traded near $2,670 an ounce — on track for its best week since April — after Ukraine said Russia launched a “new” kind of ballistic missile at the city of Dnipro in an alarming signal to Kyiv’s Western backers. Heightened geopolitical tensions tend to drive investors to safety assets, such as gold.

Traders were also weighing comments from Fed Bank of Chicago President Austan Goolsbee, who said he sees interest rates moving “ a fair bit lower” and expressed confidence inflation is easing toward the central bank’s target. Lower rates typically benefit bullion as it doesn’t pay interest.

The precious metal has gained almost 30% this year, supported by healthy central bank buying, increasing haven demand and the Fed’s cutting cycle. There are widespread expectations for fresh records in 2025, with Goldman Sachs Group Inc. and UBS Group AG both issuing bullish outlooks in recent days.

Haven demand helped outweigh the headwind of the rebounding dollar after mixed US labor data. A stronger greenback makes commodities priced in the currency more expensive for most buyers.

Spot gold was flat at $2,673.11 an ounce at 8:01 a.m. in Singapore, on track for a 4% weekly increase. The Bloomberg Dollar Spot Index was little changed, after two days of gains. Silver steadied below $31 an ounce, while platinum and palladium were also flat.