*AMAZON $AMZN PREPARES FOR LAUNCH OF LOW-COST, TEMU-RIVAL DISCOUNT STORE $PDD
As initially reported back in June, Amazon is preparing for the launch of its new discount online storefront which will compete directly with Chinese e-Commerce rival 'Temu'. Strict "price caps" will be set for merchants, with shockingly low price limits, such as $8 for jewlery and $20 for sofas. Source: Stock Talk on X
The gold-silver ratio continues to plummet, which adds further credence to this silver breakout and bull market.
Source: Jesse Colombo @TheBubbleBubble
Is gold already too expensive?
Lets compare the current price with various macro and market figures from the previous highs in 1980 and 2011: Source: Incrementum, Ronald-Peter Stoeferle, CMT, CFTe, MSTA
Billionaire investor Paul Tudor Jones today on CNBC:
“All roads lead to inflation. I’m long gold. I’m long Bitcoin. I own ZERO fixed income. The playbook to get out of this [debt problem] is that you inflate your way out.” Source: CNBC
The perfect cover page for a 2025 market outlook ?
Source: The Great Martis @great_martis on X
Nvidia $NVDA is now more than 36 times larger than Intel $INTC
Intel was 16 times larger than Nvidia a decade ago Source: Y charts, Ervan on X
Hedge funds are net long VIX futures for the first time since 2019 ahead of the US elections.
Source: (((The Daily Shot))) @SoberLook
👑 INTERNATIONAL GOLD RESERVES ARE SHARPLY RISING
Global gold reserves rose to ~12% of total international reserves in 2024, the most since the 1990s. The share has DOUBLED over the last decade. Gold has also exceeded Euro as the 2nd most held reserve asset by central banks. Source: Global Markets Investor
