Is it time for silver to shine?
If history is any guide: Gold makes the first move — then silver takes over. With the gold-to-silver ratio near 100, is yesterday's sharp move on Silver (up +5%) just the beginning? Source. Bloomberg, Crescat Capital
The Atlanta Fed was forced to adjust its entire tracker to exclude gold imports which were skewing GDP by 1.5%.
How long until the Atlanta Fed also excludes soaring physical gold EXPORTS TO Switzerland to reduce the surge in Q2 GDP??? Source: zerohedge
U.S. EXTENDS TARIFF PAUSE ON SOME CHINESE GOODS TO AUGUST 31
The U.S. government has extended its pause on some tariffs imposed on Chinese goods until August 31, 2025. This move comes during ongoing trade negotiations between the Donald Trump administration and several key global trading partners. #taco (Trump Always Chicken Out) #trade Source: Vincent Artman @geogvma
Are US soft data starting to feed into hard data?
Source: Haver Analytics, Rosenberg Research
Copper is approaching a pivotal inflection point, in my view.00,000 More Sellers Than Buyers—the Most on Record. (Clone)
As highlighted by Otavio (Tavi) Costa, just as $2,000/oz was a defining level for gold, the $5/lb threshold carries similar significance for copper. "Once this level is decisively breached again, copper could enter a phase of price discovery much like what we saw with gold" he added. Let's keep in mind that Copper is central to nearly every major infrastructure initiative of the coming decade — ranging from data centers and onshoring to grid modernization, the resurgence of manufacturing, residential development, and more. Source. Bloomberg, Crescat Capital, Tavi Costa
The U.S. Housing Market Has Nearly 500,000 More Sellers Than Buyers—the Most on Record.
That Will Likely Cause Home Prices to Fall - Redfin thru C.Barraud on X
Companies with major pricing power
NB: These are NOT investment recommendations
Do you remember when the vast majority of investment banks cut aggressively their year-end target on the S&P500?
This was right BEFORE one of the best month ever for the S&P 500...
