Silver back above $65 is a big help. Let’s hope the trend heads back up!
The Yen is rallying pretty good this am against the dollar, but rates are flat.
Hopefully pm’s can ignore all the other markets and do their thing.
GDX bounced perfectly off the 20 ema.
First Squawk
@FirstSquawk
·
19h
RUSSIA’S PUTIN, CHINA’S XI AND THE U.S.’S TRUMP MAY HOLD TRILATERAL TALKS AT THE APEC SUMMIT – VESTI
The Kobeissi Letter
@KobeissiLetter
BREAKING: Global broad money supply surged +$10.7 trillion YoY in June, or +7.7%, to a record $150 trillion.
This marks the 9th consecutive YoY increase above +7.0%, the longest such streak since 2021.
The biggest increase over this period was recorded in February 2026, at +11.9%.
Since 2000, global money supply has risen +$124 trillion, a +6.9% compounded annual growth rate over this period.
Since 2020 alone, money supply has surged +$50 trillion, or +50%, equivalent to an average increase of ~$7.5 trillion per year.
Global money creation is expanding at a historic pace.
Willem Middelkoop
@wmiddelkoop
·
34m
It’s Official:
Dutch National Bank repatriates another 40% from the Federal Reserve vaults in New York
64% of the gold held in the US (before 2014) has now been moved out of the US
