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Gold is now above $4,000/oz, and who would’ve thought silver would remain this cheap relative to gold?
Source: Tavi Costa, Macro Trends
Goldman is raising their gold price Dec2026 forecast to $4,900 (prior $4,300)
Source: Goldman Sachs
Silver’s approaching the level that destroyed it twice
1980 → down 90% 2011 → down 71% Will it be the breakout of a lifetime or another déjà vu? Source: Katusa Research
gold just had its best monthly performance since August 2011...
Source: zerohedge
It's official.
Silver just reached its highest quarterly close in history. Source: Otavio (Tavi) Costa @TaviCosta, Bloomberg
A beautiful quarterly candles chart of silver
Source: Tavi Costa, Bloomberg
Gold was 21% of global assets in 1980. Today it's 5%
The financial universe got 4X bigger. Stocks, bonds, derivatives, crypto Sometimes the denominator is the story Source: Katsua Research
Gold hits most overbought level on the monthly chart in 45 years.
But beware, an asset can stay overbought during a long period of times in a bull run. And the market isn't speculating; it's rationally repricing the metal for a new era of fiscal dominance, negative real yields, and de-dollarization. Source: Barchart
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