RE: Gold/Silver now rising again with US Tech!12 Jun 2023 15:45
More smoke billowing out via the arbitrage of the Silver price East/West but PMs getting a bit of a kicking right now - it's going to be a very interesting few months ahead of us with all eyes on the latest fantasy CPI number this week and the "jobs" number on July 7th.
RE: Gold/Silver now rising again with US Tech!9 Jun 2023 18:07
"China's Industrial Silver demand Explosion! CCTV news reports the shortage of silver supply, requiring enterprises to reserve and hedge raw materials to meet new challenges. Unlike the rise driven by silversqueeze in 2020, this rise caused by industrial demand is rigid."
First pour is great and it's a risk-reducer obviously but it'll be Q4 before they're fully up to speed and we have the new/meaningful numbers and, as likely as not, a gold price significantly higher than $1.9k IMO.
Tough call all of a sudden as Euro has suddenly decided it's in recession today followed by the Yanks suddenly discovering some of the 10s of 1000s of people who've been made redundant this year already.
RE: UK & European Gas Prices Flying, Again!8 Jun 2023 12:26
Gas in Q4 is going to be special IMO - that's the real-world timeline for a significant lift here too IMO although the break towards that will kick off in Q3.