The worth of gold is surging close to the $2,000 stage however silver is having an enormous day.
Large Bodily Gold Demand
February 2 (King World Information) – Jim Haskel, Senior Portfolio Strategist at Bridgewater Associates: Annual gold demand up 18% final yr pushed by a 55-year excessive in central financial institution purchases. That is transfer to diversify reserves away from USD after the US froze Russia’s reserves in USD. Retail buyers additionally piled in. Money owed excessive, rates of interest larger. Dangerous combine. Personal some gold…
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Gold Defending Folks Who Personal It In UK
Mark H: Gold simply set a brand new all-time excessive in GBP (UK £s). It simply surpassed the outdated all-time excessive set in 2020 at £1574/oz, (£50617/kg).
Gold: All-Time Excessive Priced In British Kilos!
This Is A Big Day For Silver
Graddhy out of Sweden: Silver is now making an attempt to interrupt out above the higher pattern line for the large 2.5 yr blue bull flag.
Silver Breaking Out Of Large 2 1/2 Yr Bull Flag
Silver Rocket Ship
Patrick Karim at badcharts: Sure. MEGA rocket ship for silver with a detailed above $28 on quarterly candle chart.
Silver Rocket Ship Will Really Launch After Quarterly Shut Above $28
Actual Purpose We Have Large Protests, Meals Riots, Hovering Inflation
Ronnie Stoferle shared this quote:
“We in our sluggishness don’t notice that the dearness of all the pieces is the results of the cheapness of cash. For costs improve and reduce in response to the situation of the cash. An extreme amount of cash needs to be averted.” — Copernicus, Monetae cudendae ratio (1526)
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