JUST IN 🚨: Silver is going parabolic as it jumps to highest price in more than 12 years
Source: Barchart
If the year ended today, it would be the best year ever for the Gold ETF which is up over 31% in 2024. $GLD
Source: Charlie Bilello
😱 US EXECUTIVES ARE SELLING STOCKS 😱
The insider sell-to-buy ratio jumped to the highest level since 2021. Source: Global Markets Investor, Bloomberg
*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
