Loading ...Locally, merchants & restaurants on thin margins are encouraging cash. Prominent signs at checkout say that charge cards will have a +4% ‘convenience fee’ added to the tab. Looks like merchants are tired of the credit cards taking a 4% bite out of their income, and simply pass it on to the customer now.
Silver
Looks like the shorts pulled a fake out earlier today or yesterday to some starting high then selling in to it. Well looks like the opposite is happing now.
Chinese come back in?
$4,030 gold up $44. Silver up $.75 erasing yesterday’s losses.
Dollar up again. Rates flat. They seem to matter less and less.
Goldman raises 2026 target:
Ahead of the historic breakout, Goldman this morning raised its 2026E gold price forecast from 4,300 to 4,900, a move which the bank believes will still be supported by:
- Central bank buying to average 80/70 tonnes in 2025/2026 (contributing 19pp by Dec26).
- Western ETF holdings to rise as the Fed cuts the funds rate by 100bp mid-2026 (contributing 5pp by Dec26).
- Speculative positioning to gradually normalize (contributing -1pp by Dec26)
Gold Tops $4,000 For The First Time, And How Goldman Is Trading The Meltup From Here | ZeroHedge
Supposedly retail and ETF’s aren’t involved yet. Yikes.
Long night left and they surely could reverse this but looking good at the moment.
Aufever
I suppose I can talk about this because there’s bigger buyers involved not just local anti buyers. A little earlier I saw a bullish harami forming. I’ll skip the details and get to the point. Once the next candle moves higher than the bear engulfing candle it will set a buy long trigger where things can move fast. That’s what you want to look for right now especially by tomorrow.
Hello
4000 and 48
Starmer and cohorts unbelievably dumb and useless.
Now migrants are protesting terrorist laws.
The future is gonna laugh at these so called representatives in charge, either the migrants who barged in attacked their citizens and took over their land or the survivors who drove them out. Hard to say which at this point.
$48 SILVER !!
…again (a few minutes ago)
The nightly stair climb
Begins again.
Will silver break through this short lull
treefrog – NAK
I’m [im]patiently waiting for my .0000005%
Treefrog
Good news about NAK. They deserved good news they never gave up.
Buygold
I was having a little trouble breathing. Had to take something for it and stop with the stocks.
New found on the videos scroll on kitco down.
Live Gold Prices | Gold News And Analysis | Mining News | KITCO https://share.google/nnd7udjud878byKKD
we are in Golden Week in China……from 1 to 7/8 of October
so all this selling over the last few days, ever since just before Sep month end and more recently, is someone trying to crack the Mkt without Chinese support. !!!!!
and So far they haven’t made any headyway in Gold…and the Chinese are back on Thursday !!!!
NAK
there is better than half a trillion dollars worth of metal in the pebble deposit. somehow, someday, someone WILL dig it up.
Goldie- thanks
I’ll look for it. One of only a few of the pm shares that’s managed to rally a bit. Hasn’t made a 52-week high yet.
Pretty mild day, I’m wondering if we get some more correction or they’re trapping bear in the silver market.
Opening up new Alaskan areas
Trump Greenlights Road Allowing Access to Key Minerals in Alaska’s Ambler Mining District
Buygold
I saw New Found in the news at kitco this morning but don’t know what it was about as there’s many of them.
Good interview with General Flynn
On live right now.
https://x.com/jamesokeefeiii/status/1975577294522777913?s=46
Silver still in a bullish path nevertheless. If I were trading I would have taken some money off the table with tighter stops because they’re gonna fight breaking through resistance then the speculators and held the rest for now. I’m not even gonna say what support is on the path might be bad luck. If it goes below it I’ll mention it.
New Found Gold – NFGC
bucking the trend on good volume today. Don’t see any news, but the chart setup looks good.
Trying to find some outliers today.
Silver rider
If banks didn’t loan more money out than they have in cash they wouldn’t have to worry about conveniently wanting invisible money they don’t have in the first place. Including Congress.
Treefrog
Looking back on yours all industrial metals are down today. Wonder what that’s about.
Treefrog
I remembered a place I used to see live trading duh lol Yeah it closely did gap up yesterday and did fill that gap today. I hope they’re not pulling that same blank as they did before. We’ll have to see what the bulls can do tomorrow.
goldi
just above the chart there’s a toolbar to modify the display. there’s a charting type selection. candlesticks is one of the choices.
it’s zoomable – use the roller on your mouse.