Loading ...Shares are sold at the open, any momentum crushed, making it difficult to re-establish. We are back to where we were for 14 years, exact same action.
I am anti-scum.
Actions have consequences
In Gold We Trust
@IGWTreport
·
22h
🏦🥇 The freezing of Russian reserves in 2022 changed the central banking world forever.
Before the 🇷🇺 invasion of Ukraine, central banks had already returned as consistent gold buyers:
♨️ From 2010 to early 2022, quarterly purchases averaged 118 tonnes.
⚠️ But once sanctions weaponized FX reserves?
Average quarterly gold purchases surged to 255 tonnes, which is more than double the pre-invasion pace. 🆙
Perhaps, even more striking, every single quarter since the invasion has recorded net purchases ABOVE the pre-2022 average. Not one exception. 💯
📍 A clear line in the sand emerged as central banks increasingly realized that sovereign reserves held in foreign currencies are not necessarily politically neutral assets.
As a result:
⚙️ Gold has re-emerged as strategic monetary collateral
🛡️ Reserve diversification has accelerated
⚖️ Monetary sovereignty has become a priority again
This is not merely a cyclical increase in demand. Definitely, a structural re-monetization of gold is unfolding in real time. ♟️
Gold trading moving East
David Lee
@DavidLe76335983
Hong Kong #Gold clearing system will come online by July
Hong Kong is planning to launch a new government-backed gold-clearing system by July, according to people familiar with the matter, as part of its push to become a global bullion trading hub
The system will mirror London’s clearing infrastructure and support unallocated gold accounts, allowing faster and more scalable settlement without requiring ownership of specific bars
Ferret
If you are anti-allofthem because of the languages they speak, then you are truly anti-semitic, but you are pretty weird person. Wouldn’t it be anti- semantic. LOL
goldielocks
I don’t know anything about the use of sulfuric acid and farming. From what I hear it’s used extensively in mining-smelting.
ferrett @ 0:29
“Headline” Maybe it should. Israel sure put up a lot of money to defeat Massie in that race!
It’s what happens when words get bastardised so much that they become meaningless.
If you’re anti-jews, say so. Or anti-zionist. Or anti-Israel. Anti-Maltese. Anti-arabs. Anti-Ethiopians (most of them, anyway). If you are anti-allofthem because of the languages they speak, then you are truly anti-semitic, but you are pretty weird person.
ferret – correct
Farsi is not a semitic language, it is Indo-European even though a significant portion of the vocabulary is Arabic.
I guess that would kind of be like calling Israel a “Jewish state”, when it is actually a political state where some Jews, Sabbatean Frankists, and atheists live.
ipso 20:17, shouldn’t the headline be
Israel scores major victory with Massie’s primary defeat in Kentucky?
Ipso
Sulfuric acid is such a corrosive substance I don’t know enough about Petro and other things but at least in farming why they don’t replace it with safer alternatives like citrus or vinegar acids if the soil is too alkaline.
The Strait Report
Mark
@Mark_IKN
·
2h
According to this report, the rise in sulphuric acid prices has added between 15c/lb and 50c/lb to the cash cost of producing copper via heap leach operations in Chile.
(Fwiw, around 20% of copper production in Chile requires H2SO4)
That’ll eff the borrowing costs … Do people still worry about that?
The Kobeissi Letter
@KobeissiLetter
BREAKING: The US 30Y Note Yield rises to 5.18%, its highest level since July 2007.
Too bad, integrity is in short supply in DC
Trump scores major victory with Massie’s primary defeat in Kentucky
https://thehill.com/homenews/campaign/5883936-massie-loses-kentucky-house-primary/
Buygold, Iran is not a semitic country.
There are no semitic countries, only semitic languages. As the national language of Iran is Farsi, the modern name for Persian, which is an indo-european language rather than a semitic one, Iranians are not semitic people either.
Nice comeback
For the SM anyway…
Maddog re: Captain
Me too!
Maybe he’s just keeping a low profile …
Buygold
“The last US President”
I’ve gotta say I have a little more rosy view than you do. 🙂 Anything’s possible …
Maddog
So, you’re an anti-Shiite? 🤫🤔
Ipsofacto
It is odd the way the Captain suddenly stopped posting….i hope all is well.
Buygold
Iran is Shia…but run by the Mullahs, of whom I am very anti…..
Nice try 🙂
Ipso, Maddog
Agree. If it’s not true then the criticism isn’t fair. I haven’t heard otherwise, but I didn’t confirm with GROK yet either. I suspect it’s true though.
Allowing 500K new Chinese students and allowing China to continue buying farmland is another stroke of brilliance as well.
I’m convinced that he’s the exact guy the uniparty wanted in place. He’s setting everything up for the NWO. The adversarial stuff with China and Russia are a ruse. The only 3D Chess being played is on “we the people.” Time will tell, but I think he’s the last US president. JMHO, but all mine.🤣
Still waiting for the mother of all comebacks or a bullish chart to actually work. These days when the pf is down another 5% are getting old.
Maddog – Iran is a Semitic country, are you an anti-Semite? 🤣😂😇
But at what price? Why do I think there’s gonna be a discount.
Bloomberg
@business
Ghana wants large-scale gold mines to sell at least 30% of their annual output to the central bank to increase local refining and boost the country’s foreign-exchange reserves