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

To: bull_dozer who wrote (210949)	2/4/2025 10:54:13 PM
From: Box-By-The-Riviera™	2 Recommendations Recommended By bull_dozer Pogeu Mahone Read Replies (5) \| Respond to of 217526

Fucking hell. So that's where my horse cock dildo is. MFkers.

To: bull_dozer who wrote (210949)	2/5/2025 1:34:32 PM
From: TobagoJack	Respond to of 217526

>> FCKING FCKS I wonder what ‘they’ are up to … bloomberg.com Gold Dealers Sell BOE Bullion at Big Discounts in Tariff Panic There are weeks-long queues to withdraw bullion from BOE Size of divergence extremely unusual amid rush to ship to US The Bank of England gold vault.Source: Bank of England By Yvonne Yue Li, Jack Ryan, Jack Farchy, and Sybilla Gross 6 February 2025 at 02:16 GMT+8 Gold in the Bank of England vault is trading at a discount to the wider market, as fears over potential Trump tariffs spark a scramble for bullion that’s resulting in weeks-long queues to withdraw metal. Dealers are quoting prices for gold at the BOE at discounts of more than $5 an ounce below spot in London, according to people with direct knowledge of the situation. The size of the divergence is extremely unusual, with gold at the BOE usually trading in lockstep with prices in the rest of the London market, where bullion changes hands in vaults a few minutes’ drive away run by JPMorgan Chase & Co., HSBC Holdings Plc and others. Previous premiums and discounts — driven by central bank trading activity — have generally been no more than a few tens of cents per ounce, traders said. The disconnect comes as traders worldwide rush to get gold to the US ahead of the potential imposition of tariffs and to capture premium prices. US President Donald Trump hasn’t targeted precious metals specifically as he ratchets up his trade war, but dealers are worried they could be included in blanket tariffs that he’s threatened. With traders racing against the clock, staff at the Bank of England are struggling to keep up, and growing queues are making the gold in its vault less attractive than bullion held in more accessible commercial vaults around London. The BOE didn’t immediately respond to a request for comment. The BOE holds more than 400,000 gold bars, worth over $450 billion at current prices, largely on behalf of other central banks, but also for a few key gold dealers. That’s only a portion of the more than 8,000 tons of gold stored in London, according to LBMA data, but much of that is owned by exchange-traded funds, central banks, and other investors who may not wish to sell. Read more: Traders Load US-Bound Planes With Gold and Silver in Tariff Bet Prices for gold on New York’s Comex surged over international benchmarks in recent months, as traders closed out short positions for fear of being hit with tariffs by President Donald Trump’s administration. Those spreads have since come down, but freely available gold remains in tight supply in London as traders who sold futures at the high prices seek to secure metal to deliver on their commitments. The tightness can be seen in one-month lease rates for bullion, which have jumped to about 4.7%, far above the usual level of close to zero. The rate reflects the return that holders of bullion in London’s vaults can get by loaning their metal out on a short-term basis. Forward prices for gold in one month are currently below spot rates, according to data compiled by Bloomberg. That structure, known as backwardation, is highly unusual for the gold market. Some central banks look to earn a return by lending out their gold when rates do rise. Since they predominantly hold their gold at the BOE, that means the bullion in its vault is often a key source of liquidity in moments of market tightness. The typical 400-ounce bars that are traded in London can’t be directly shipped into New York to deliver onto the Comex exchange. Instead, traders must re-refine the bars into 100-ounce or kilobars in places like Switzerland, before flying them to the US. The premiums grew as large as $50 an ounce, making it a lucrative trade. This isn’t the first time the BOE — a relatively low-cost option to store gold — has been subject to delays, according to John Reade, an industry veteran and senior market strategist at the World Gold Council. “I suppose having their gold at the Bank of England is a decision that some people may be regretting at the moment and maybe that’ll cause them to rethink it and keep it with a commercial vault, albeit at a higher expense,” Reade said.

To: bull_dozer who wrote (210949)	2/5/2025 6:42:00 PM
From: TobagoJack	Read Replies (4) \| Respond to of 217526

*>> THE FCKING FCKS...* we might be able to claim the consolation prize and sooner than we reckoned Message 35013352 <<re <<Let's save money>>>> Message 35013376 <<Trillions of dollars for the asking, and the Trump knows how best to ask, again, once more, twice over, three times good, one for the road, and keep asking>> finance.yahoo.com Gold demand hits record levels as central banks buy at 'eye-watering' pace Ines Ferré · Senior Business Reporter Thu, February 6, 2025 at 4:59 AM GMT+8 2 min read Gold demand is surging to new records, driven by accelerating purchases from central banks as well as investors seeking a safe haven amid the threat of escalating tariffs. On Wednesday gold hit record highs for the fifth consecutive day, surpassing $2,877 per ounce in trading, as futures ( GC=F) also climbed to new highs above $2,900. "Central banks continued to hoover up gold at an eye-watering pace" in 2024, according to a report by the World Gold Council, as purchases accelerated sharply in the fourth quarter. Total demand last year reached a new high of 4,974 tonnes. Joe Cavatoni, market strategist at the World Gold Council, said central bank purchases were driven by "concerns about ongoing inflation, geopolitical tensions, and needs to add diversification to their portfolios." The Federal Reserve's rate-cutting cycle, which began last year, prompted global inflows into physical-backed gold exchange-traded funds (ETFs), including from Western investors. A lower interest rate environment is bullish for gold since it doesn't have to compete with yield-bearing assets. Global ETF demand remained steady, with 2024 marking the first year since 2020 in which holdings were essentially unchanged, in contrast to the heavy outflows of the prior three years, according to the report. Gold is up roughly 8% year to date after gaining over 27% in 2024, outpacing the S&P 500's (^ GSPC) gain of 23.1%. In late January, Goldman Sachs analysts reiterated their bullish call on the precious metal as the threat of escalating tariffs drives continued demand. “We reiterate that long gold remains our highest conviction trading recommendation across commodities, driven by structural (Central Bank buying) and cyclical (ETF buying) factors,” the analysts said, reiterating a $3,000 per troy ounce price forecast for the second quarter of 2026. While US tariffs announced over the weekend against Mexico and Canada have been delayed, additional 10% tariffs on select imports from China went into effect on Tuesday. As for 2025, demand for gold will likely depend on US policy, including Federal Reserve rate cuts and the impact of tariffs, said Cavatoni. "The case remains strong for central banks to remain at the table," Cavatoni told Yahoo Finance. As for gold ETF inflows, "if we see rate cuts reintroduced, then we'll likely see more demand from Western investors in ETFs," he added.