Gold, Silver & Other Precious Metals 18 (Jan 23 - Dec 25)

[behappyalways]

My friend
@RonStoeferle
's favorite chart...

What happens to Gold when the Feds stops hiking rates?

https://twitter.com/duediligenceguy/sta ... 0176686344

[winston]

Why Gold Stocks Tend to Underperform Gold Bullion

By Steve Saville

Gold mining stocks always should be viewed as either short-term or intermediate-term trades/speculations.

During gold bull markets, you scale into them when they are oversold or consolidating and you scale out of them when they are overbought.

Gold mining stocks have been trending downward relative to gold bullion since 1968, that is, for 55 years and counting.

Source: Investing.com

https://www.investing.com/analysis/why- ... s_headline

[winston]

This Metal is Showing Huge Upside Potential

by Imre Gams

Silver is tracing out a very bullish chart pattern.

Prices have recently broken above a cluster of key moving averages.

My target for this pattern is around $35. That would bring silver back to where it was trading in October 2012.

Now seems like a good time to load up on silver.

Source: Jeff Clark Trader

https://tradesoftheday.com/2023/11/29/t ... potential/

[behappyalways]

Chinese Investors Turning To Gold
https://www.zerohedge.com/markets/chine ... rning-gold

[behappyalways]

Oh my, Golden cross in Gold????
https://twitter.com/hmeisler/status/1730674961705050219

[behappyalways]

Silver Looks Like A Real Bargain Right Now
https://www.zerohedge.com/commodities/s ... -right-now

[winston]

Young Chinese favour gold as an investment

Gold and silver jewellery have been among the best-performing consumer goods in China this year, with a 12% rise in value year-on-year from January to October, outpaced only by garments.

The one-year deposit rate at major Chinese banks ranges from about 1.5% to 1.8% and has declined in recent months.

China and India, the world’s two biggest gold buyers, together account for more than half of total global demand.

Source: Reuters

https://www.thestar.com.my/business/bus ... investment

[behappyalways]

Polish Central Bank Buys Gold According To Secret EU Plan
https://www.zerohedge.com/commodities/p ... et-eu-plan

[behappyalways]

The rise in gold prices boosted sales of gold jewelry in mainland China during the Year of the Dragon

金價漲勢助推 大陸龍年金飾銷售更旺｜方念華｜FOCUS全球新聞 20231208 @tvbsfocus

https://m.youtube.com/watch?v=Xl3-zgb0j4k

[behappyalways]

"We Sold Over $100 Million Of Gold During The Quarter": Costco CFO
https://www.zerohedge.com/personal-fina ... costco-cfo