Gold, Silver & Other Precious Metals 19 (Oct 24 - Dec 26)

[behappyalways]

The largest treasury in the United States has not been inspected for 50 years.
DOGE wants to catch up with thousands of tons of gold.
The 425 billion US dollar treasury is still intact?
Senator calls Musk to inspect
美最大金庫50年沒查核 DOGE要追上千噸黃金 4250億美元金庫仍完好? 參議員喊馬斯克來查｜非凡財經新聞｜20250219
https://m.youtube.com/watch?v=5a8rITce1wI


Central Bank demand came in strong at 108 tonnes in December (vs. pre-2022 average of 17 tonnes) China was again the largest buyer, adding 45 tonnes." - Goldman
https://x.com/zerohedge/status/1892233163105079339

[behappyalways]

Phew, it's a good thing all that gold is there in Fort Knox and wasn't used to supress the gold price or prevent a run on the dollar in the 1960's!
https://x.com/oliver945301/status/1892545278760173988

[behappyalways]

Grab gold! Mint stops selling gold bars, Koreans switch to supermarket vending machines

搶金! 造幣公社停售金條 韓人改衝超商販賣機｜方念華｜FOCUS全球新聞20250225 ‪@tvbsfocus‬

https://m.youtube.com/watch?v=YIG1rFSm94A

[behappyalways]

The surge in gold prices triggers a rush to buy "Hermès of Gold" and you have to queue for 5 hours

金價飆升引發搶購熱潮　「黃金界愛馬仕」得排隊5小時｜#鏡新聞

https://m.youtube.com/watch?v=_v3MtnkIU8I

[winston]

Investing in precious metals? Consider silver

From January 2023 to December 2024, the metal has delivered a 20.3% price return

by Samuel Wong

Gold returned 27.5 per cent in 2024, while US stocks and bonds rose 25 and 6 per cent, respectively.

Historically, silver has shown a tendency to outperform gold during the later phases of gold bull markets.

The “80/50” rule is a widely recognised guideline. When the ratio exceeds 80 ounces of silver for each ounce of gold, it may be prudent to pivot towards silver. Conversely, when the ratio dips below 50, gold is perceived to be more favourable.
Currently 91.

Record-breaking industrial demand – overall demand for silver rose to 1.21 billion ounces in 2024, representing a global rise of about 7 per cent.

Global EV sales rose by 25 per cent in 2024, and silver is used in EV batteries and in charging ports.

Silver also plays an important role in artificial intelligence technology, where it is used in areas such as thermal conductivity and photovoltaic cells.

Physical deficit in 2024 for a fourth consecutive year, with mining production rising by just 1 per cent.

Source: Business Times

https://www.businesstimes.com.sg/wealth ... der-silver

[behappyalways]

The more I look at this chart of gold ETF inflows—including US ETFs, not just bullion—the more I like it...
https://x.com/duediligenceguy/status/18 ... 4212509006

[behappyalways]

Vietnamese snap up gold as prices soar to historic highs
https://e.vnexpress.net/news/business/e ... 61679.html


Gold price to reach $4,000 on central bank demand, says DoubleLine’s Gundlach
https://www.mining.com/gold-price-could ... -gundlach/

[behappyalways]

Gold prices soared, and the "Chinese style" craze has led to the rise of mainland gold products

金價飆漲搭「中國風」熱潮 陸黃金類精品異軍突起｜方念華｜FOCUS全球新聞20250321 ‪@tvbsfocus‬

https://m.youtube.com/watch?v=W5FVwY2sXp0

[behappyalways]

Spot gold prices soar, the market is still optimistic about continued rise,
Trump's tariffs push up to avoid sentiment

現貨黃金飆天價 市場仍看好續漲 川普關稅推升避免情緒｜十點不一樣20250324

https://m.youtube.com/watch?v=uDES3pDktR4

[behappyalways]

The Mechanics of Silver Price Suppression
https://www.zerohedge.com/precious-meta ... uppression