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

[behappyalways]

PBoC's Gold Conduit Revealed: Chinese Central Bank Did Not Stop Buying Gold In May
https://www.zerohedge.com/markets/pboc- ... g-gold-may

[behappyalways]

I Thought Gold Was A Safe Haven! Why Did It Tank With Stocks?
https://www.zerohedge.com/political/i-t ... ank-stocks

[behappyalways]

Why is gold the most reliable investment?

24.08.06【豐富│東南西北龍鳳配】Pt.2 黃金為什麼是最靠譜的投資？

https://m.youtube.com/watch?v=Wt-rkdTBhvQ

[behappyalways]

Central Bank Gold Buying Through First Half Of 2024 Sets Record
https://www.zerohedge.com/commodities/c ... ets-record

[winston]

Silver set to soar on Samsung’s solid-state battery breakthrough

Samsung has developed a new solid-state (SS) battery. The inclusion of silver as a key component, combined with the increasing demand for electric vehicles, means that demand for the grey metal will soon increase.

“The key drivers that will ramp up demand for EVs are range, charge time, battery life and safety”.

Achieving amazing benchmarks like a 600-mile range and a 20-year lifespan and 9-minute charge.

“A typical EV battery pack containing around 200 cells for a 100 kWh capacity could require about 1 kg of silver per vehicle.”

With global car production standing at about 80 million vehicles per year, if 20% of these vehicles (16 million EVs) were to adopt Samsung's solid-state batteries, the annual demand for silver would be around 16,000 metric tons (16 million vehicles * 1 kg of silver per vehicle)”.

“This would represent a significant portion of the current global silver production, which is approximately 25,000 metric tons annually,

Source: Kitco

https://kitco.com/news/article/2024-08- ... h-analysts

[winston]

The “Smart Money” Has Turned Cautious on Gold

by Jeff Clark

Last Friday’s COT report showed that commercial traders were net short 320,000 contracts. That’s the largest net-short position of the past year.

Historically, when the commercial traders’ net-short position gets this high, the price of gold tends to suffer in the short term.

Source: Jeff Clark Trader

https://tradesoftheday.com/2024/08/21/t ... e_vignette

[behappyalways]

Ranked: The Countries That Added the Most Gold Reserves (2013-2023)
https://www.visualcapitalist.com/countr ... e_vignette

[behappyalways]

The price of gold bars exceeds one million U.S. dollars!
New fraud trick in China: "Double profit from sending gold"

金條價破百萬美元! 陸詐騙新招「寄黃金獲利雙倍」｜十點不一樣20240821

https://m.youtube.com/watch?v=SaqMFiKBJ3s

[behappyalways]

Silver: The Unsung Hero Of The New Economy
https://www.zerohedge.com/commodities/s ... ew-economy

[behappyalways]

Saudi Central Bank Caught Secretly Buying 160 Tonnes Of Gold In Switzerland
https://www.zerohedge.com/commodities/s ... witzerland


Despite Emerging Challenges PV Silver Demand Set To Hit New High In 2024
https://www.zerohedge.com/political/des ... -high-2024