JUST IN 🚨: Gold hits $4,400 for the first time in history 📈📈
Source: Barchart
Silver's surge yesterday moved it above Google as the 4th largest asset by market cap...
Source: zerohedge
🔥Gold and silver are moving almost perfectly in line with Japanese government bond yields:
Japan's 10-year government bond yield has risen roughly 1.5 percentage points since the beginning of 2023, reaching 1.98%, the highest level since the 1990s. During this same period, gold and silver prices have skyrocketed by 135% and 175%, respectively. Are precious metals being used as a primary hedge against the rising cost of government debt? Source: Global Markets Investor
BREAKING 🚨: Crude Oil
Crude Oil plunges to its lowest price in almost 5 years 📉📉 Source: Barchart
Silver soars to $66 for the first time in history 📈🥳🫂
Source: Barchart
Is copper the new gold?
Source: J-C Parets
Africa is a critical minerals powerhouse
The Continent holds the keys to Green Tech Map highlights producers/reserves: DRC: Cobalt, Copper, Niobium, Tantalum South Africa: Platinum Group Metals, Manganese, Vanadium, Rare Earths Zambia: Copper Namibia: Lithium Tanzania/Zimbabwe: Graphite, Rare Earths Ghana/Gabon: Manganese Rwanda/Burundi: Tantalum Bottom-line: from EV batteries to renewables Africa is indispensable. And it has much more to offer than minerals. Source: Jack Prandelli, theoutlier.co.za
🚨SEISMIC FOR SILVER 🚨
Reports on X and Economic Times of India are emerging that JP Morgan is positioning itself with a historic PHYSICAL SILVER STOCKPILE. If true this is a major event for silver The Economic Times of India : "JP Morgan is going long on silver and making history. The bank now holds over 750 million ounces of physical silver, the largest stockpile in the world. In just six weeks, it added 21 million ounces. That’s a staggering move in a market already under pressure. Between June and October, JP Morgan reportedly sold off its entire 200-million-ounce paper short position. This freed cash to acquire physical silver, leaving the bank long in both physical and paper silver for the first time ever. Experts say this is a rare and powerful market position. The move coincided with the U.S. Mint announcing a shortage of silver coins. Physical supply is tightening while demand is rising. JP Morgan is holding real silver, not paper contracts. This is a key difference from the Hunt brothers’ attempt to corner silver in 1980. Back then, reliance on paper contracts led to intervention and collapse. JP Morgan’s approach reduces risk of regulatory disruption. Source: Economic Times of India, Silvertrade
