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

[behappyalways]

World's Top Polishing Diamond Hub Warns "Difficult Year" Ahead On Weak US, China Demand
https://www.zerohedge.com/markets/world ... ina-demand

[behappyalways]

Poland Resumes Buying Gold
https://www.zerohedge.com/geopolitical/ ... uying-gold

[winston]

A Gold Breakout is on the Way

by Chris Igou

The big rally higher is the flagpole. And the sideways action creates the flag. When the asset breaks out of this range, it typically moves quickly

Again, gold hasn’t broken out just yet… It could trade sideways for a little longer before that happens. But given that it has been trading in this range for more than two years, and we’re only 4.4% away from the high, we’re likely close to the breakout.

Once that happens, another furious rally in gold is likely to get underway. The metal could run to nearly $3,000 an ounce. And the time to position yourself to profit is today.

Source: DailyWealth.com

https://dailytradealert.com/2023/05/26/ ... n-the-way/

[winston]

Get Ready Now for the Next Gold Rush

by Corey McLaughlin

Since 2000, the Fed starting rate cuts has brought on five gold bull markets, each with an average gain of more than 60% from start to finish.

Gold’s winter is finally over. Make sure you’re ready to take advantage of it…

Source: DailyWealth

https://dailytradealert.com/2023/05/30/ ... gold-rush/

[behappyalways]

Faced With New Round Of Demonetization Indians Turn To Gold
https://www.zerohedge.com/personal-fina ... -turn-gold

[winston]

These Stocks are Ready for ANOTHER Historic Boom

by John Doody

It takes about two years for changes in Fed policy to show up in the economy. So if the Fed stops raising rates, it’s likely to hold them steady and watch for the economy to catch up to its actions. We could even see rate cuts from here.

If that happens, the gains in high-quality gold stocks will be extraordinary. You don’t want to miss it…

Source: DailyWealth.com

https://dailytradealert.com/2023/06/02/ ... oric-boom/

[behappyalways]

Pt.2 Gold is hot, the dollar is in crisis?

23.06.01【觀點│正經龍鳳配】Pt.2 黃金大熱門，美元大危機？

https://m.youtube.com/watch?v=F75T2yVir5E

[behappyalways]

China's Persistent Gold Accumulation: A Seven-Month Surge In Holdings
https://www.zerohedge.com/geopolitical/ ... e-holdings


Gold Price and US Debt
https://twitter.com/AyeshaTariq/status/ ... 2627281921

[behappyalways]

A Surging National Debt Is Bullish For Gold
https://www.zerohedge.com/markets/surgi ... llish-gold

[winston]

Gold Jewelry Recycling in India Seen Matching Record This Year

by Swansy Afonso

If local prices continue to rise, recycled bullion sales are expected to jump more than 20% and match the previous high of 119.5 tons set in 2019.

A cut in purchases by the world’s second-biggest gold importer could put some downward pressure on international prices, currently near $1,960 an ounce.

Indian gold prices have jumped by almost a fifth over the last 12 months, more than twice as much as globally, due to a weakening rupee making the precious metal more expensive.

Indian households and temples collectively hold about 25,000 tons of gold.

“Historically, for every 100 grams of gold we transacted, generally 25% was old jewelry sales”. The percentage may reach 35% to 40% this year as prices are rising.

Source: Bloomberg

https://finance.yahoo.com/news/gold-jew ... 50001.html