Loading ...Kitco here that’s quite a misprint they’re giving.
ferret thanks
Kitco has become less and less reliable lately.
I wonder if this has anything to do with it
I looked for war with industrial metals up without economic and housing slowed so for war and found it. Things heating up with Iran???
Silver $46.80
Loving my $39 Morgan silver dollars about now. 🙂
Copper .71%, nickel .3%
At first I thought it must be Tariff Trump at it again! Kitco base metals won’t load for me.
Morning ferret
I hope your feed is correct and Kitco is wrong. Other than a war or currency collapse, I can’t see any metal jumping 34%.
If I may ask, Kitco has Copper up 1.2% and Nickel up .93%. Is that what you’re seeing or are they off too?
Silver, platinum and palladium have come back in substantially. Silver is $.40 off the highs, platinum has been cut in half, and palladium has given up all of its gains.
Surprisingly, gold has hardly budged, so I don’t know if this is the day they reverse them.
PM shares are on a tear in early trading. NEM at new highs, as well as a bunch of others.
Ferrett
Wow!
Follow up on revolution
When the couple got back home
Buygold
Looks like gold is going over 4K silver over 50 by next month and who knows from there.
That video on Germany inflation was insightful. Tells of who will profit who will not including as far as business the stock market.
God bless the true people of UK and EU There getting together.
Sept 13 revolution on the ground. A couple one from Ireland wife Germany attend. They said they were waiting till they went back home before they posted it for fear they wouldn’t make it back.
Starmer’s name over there is Wanker.
They’re at it again, the melt-up continues.
this time though gold has decided it wants to play too. Gold up $57 and blowing past $3800. Silver still leading, up $.94 and taking out $47.
What happens if we start getting $100-200 moves up in gold?
Platinum is up near 3%, Palladium up over 2% as well.
I suspect one of these overnight moves will be reversed and that will be the end of the rally for a while, but no idea when that happens.
Here’s the real kicker though. Aluminum is up over 34%, copper is up almost 2%, and nickel up near 1%.
No idea what’s going on in the aluminum market, but that would indicate to me something has broken.
The energy markets are down, and agriculture is flat.
The dollar and rates are down. Has the great inflation begun?
Lessons from Germany details on what to expect hyperinflation.
Lessons From Weimar Germany On Surviving Hyperinflation.
This guy walking down the street is a human book. What they did, what they bought, who did well who had it hard. As the hyperinflation increased those getting paid more and more could pay off mortgage and buy expensive things. Foreigners came in buying up houses. Foreign students were buying houses with their parents foreign allowance money. He goes through different accounts of costs. Gold and silver did well. The market in other currency or being paid more for cheap to buy up. Those companies that could export did good those who needed to import to make things didn’t. In the end he warned America that they will confiscate PMs like they did there. They took foreign currencies and precious metals. They’re rights diminished and they were going into people houses. The bad money drives out good money. The farmers did good.