16 May 2024
Michael Burry is back! This time he’s loading up on $10 million worth of physical gold $PHYS
Source: Barchart, CNBC
14 May 2024
Official world gold reserves have reached 1,170 million fine troy ounces, the most since the 1970s.
Over the last 13 years, world central banks' gold holdings are up roughly 21%. Global gold reserves are now even higher than just before President Nixon broke the US Dollar's link to gold in 1971. In 2022 and 2023 alone, world central banks bought 1081 and 1037 tons of gold, respectively. Meanwhile, gold is up 15% year to date and 85% over the last 5 years. Source: The Kobeissi Letter
13 May 2024
This is a trend worth keeping an eye on. China’s Gold trading volumes have seen a BIG spike.
Moreover, their Central Bank has been rapidly accumulating Gold These are very positive developments for the precious metal. Source: Game of Trades
10 May 2024
Charted: 30 Years of Central Bank Gold Demand
by Elements / Visual Capitalist
3 May 2024
The SP500 in gold terms has gone nowhere since 2017 + it’s hard to ignore this massive head and shoulders taking shape.
Source: Tavi Costa, Bloomberg
3 May 2024
Global gold Production
Source: Barchart, Visual Capitalist
29 Apr 2024
This is how store of values perform against a collapsing fiat currency...
Source: Trading view
26 Apr 2024
China is buying/importing gold like there is no tomorrow
Source: Willem Middelkoop
