2025 Lunatic Fringe - Market and Trade Chat

[nickndfl]

Who is shorting gold right now besides somebody with a name that rhymes with oldman slacks?

 

[nickndfl]

$USD went south below 97 this am. That has an inverse effect on PMs. I think the evential target for the DXY is somewhere in the 70s within 5 years.

 

[pmbug]

The Trump administration is reportedly in talks with a New York-based investment firm to set up a $5 billion fund to boost mining of critical minerals.

According to a Bloomberg report citing people familiar with the matter, the U.S. International Development Finance Corp. is exploring a joint venture with Orion Resource Partners.
...

https://www.msn.com/en-us/politics/...ominance-remains-a-concern-report/ar-AA1MF5Xp

 

[pmbug]

Looks like @oriental_ghost
has finished his trip and is back to posting China market updates.

Silver closed ~$43.44 in China is London spot it currently $41.82. That's a $1.62 difference (~3.9% over London spot).

SFE silver vault has lost ~21 metric tons since Wed of last week. SGE silver vault gained a tiny 4.1 metric tons last week.

~~~

Fed expected to cut rates 25bps today. Markets may overreact if they cut more or less than expected.

 

[pmbug]

 

[pmbug]

Looks like Mr. Slammy is back in action.