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Its gonna be huge, its smart money coming in, and we are witnessing what most miss.
Long doorstops and canned goods. It won’t matter who gets in the big chair, federal spending thru the roof;)
Gold's About to Shock Us All! Prepare for BIGGEST Gold & Silver Rally in 50 Years - Francis Hunt
Money Sense
Gold will go way up in dollar terms of value.
lowering rates keeps real rates in the basement, which is just more fuel for gold. Debt is the big one, u can temporarily strengthen a weaker dollar, but its still weaker in every aspect of the economy accept tariffs and other bogus devices to give the dollar the edge. which is why they are all going away from the dollar, the Fed and Treasury play with themselves when creating and selling debt to each other instead of sticking it on other countries who are selling the dollar, not buying debt, and using that money to buy gold.
Lowering rates decreases the value of the dollar, gold is at record levels in dollar terms now.
Reward the spender and screw the saver been going on for a very longtime. But if you save in gold….???
WORLD NEWS $Gold prices are again hitting new all time highs on Monday morning.
The Federal Open Market Committee (FOMC) convenes on Tuesday morning
and concludes Wednesday afternoon, culminating in a statement and press conference
led by Federal Reserve Chairman Jerome Powell.
Recent market sentiment has shifted, with a slight preference now emerging for a
0.5% interest rate reduction, in contrast to earlier expectations of a 0.25% cut.
According to the CME FedWatch Tool, there is currently a 67% probability of a
50 basis-point decrease, while the chances of a smaller 25 basis-point reduction
have decreased to 33%.
Additionally, both the Bank of England and the Bank of Japan are scheduled to hold their
regular monetary policy meetings on Thursday.
The price of gold is trading at $2577.58, down $4.87.
The price of silver is trading at $30.86, up 13 cents.
A 0.75% rate cut would likely have significant impacts on the economy and financial markets.
Lower interest rates generally stimulate economic activity by making borrowing cheaper
for businesses and consumers.
However, such a drastic cut could also signal economic distress and potentially fuel inflation concerns.
Regarding gold prices, a rate cut of this magnitude would likely be very bullish for gold.
Gold prices tend to rise when interest rates fall, as lower rates reduce the opportunity
cost of holding non-yielding assets like gold.
Additionally, rate cuts often weaken the U.S. dollar, which typically boosts gold prices as
the metal becomes cheaper for holders of other currencies.
Indeed, gold prices have already been rallying to record highs in anticipation of potential rate cuts,
with spot gold reaching $2,588.29 per ounce in recent trading.
$15,000 GOLD Soon! Prepare for the BIGGEST $Gold & $Silver Rally in 50 Years - John Rubino
Money Sense
$Gold prices are again hitting new all time highs on Monday morning.
The Federal Open Market Committee (FOMC) convenes on Tuesday morning
and concludes Wednesday afternoon, culminating in a statement and press conference
led by Federal Reserve Chairman Jerome Powell.
Recent market sentiment has shifted, with a slight preference now emerging for a
0.5% interest rate reduction, in contrast to earlier expectations of a 0.25% cut.
According to the CME FedWatch Tool, there is currently a 67% probability of a
50 basis-point decrease, while the chances of a smaller 25 basis-point reduction
have decreased to 33%.
Additionally, both the Bank of England and the Bank of Japan are scheduled to hold their
regular monetary policy meetings on Thursday.
The price of gold is trading at $2577.58, down $4.87.
The price of silver is trading at $30.86, up 13 cents.
A 0.75% rate cut would likely have significant impacts on the economy and financial markets.
Lower interest rates generally stimulate economic activity by making borrowing cheaper
for businesses and consumers.
However, such a drastic cut could also signal economic distress and potentially fuel inflation concerns.
Regarding gold prices, a rate cut of this magnitude would likely be very bullish for gold.
Gold prices tend to rise when interest rates fall, as lower rates reduce the opportunity
cost of holding non-yielding assets like gold.
Additionally, rate cuts often weaken the U.S. dollar, which typically boosts gold prices as
the metal becomes cheaper for holders of other currencies.
Indeed, gold prices have already been rallying to record highs in anticipation of potential rate cuts,
with spot gold reaching $2,588.29 per ounce in recent trading.
$15,000 GOLD Soon! Prepare for the BIGGEST $Gold & $Silver Rally in 50 Years - John Rubino
Money Sense
$Gold prices are again hitting new all time highs on Monday morning.
The Federal Open Market Committee (FOMC) convenes on Tuesday morning
and concludes Wednesday afternoon, culminating in a statement and press conference
led by Federal Reserve Chairman Jerome Powell.
Recent market sentiment has shifted, with a slight preference now emerging for a
0.5% interest rate reduction, in contrast to earlier expectations of a 0.25% cut.
According to the CME FedWatch Tool, there is currently a 67% probability of a
50 basis-point decrease, while the chances of a smaller 25 basis-point reduction
have decreased to 33%.
Additionally, both the Bank of England and the Bank of Japan are scheduled to hold their
regular monetary policy meetings on Thursday.
The price of gold is trading at $2577.58, down $4.87.
The price of silver is trading at $30.86, up 13 cents.
$15,000 GOLD Soon! Prepare for the BIGGEST $Gold & $Silver Rally in 50 Years - John Rubino
Money Sense
Bonds are out there, at current rates 1Trillion in debt just to service it. Without spending a dollar for anything. Debt to gdp is 130%. Put simply your bills are 130 dollars, but ur income is 100 dollars. Only in the US under Biden.
Yes I agree with you. Mortgage rates are already down before they make announcement. Also no one mentions prime rate anymore. I would think controlling asset prices by raising rates would be a more appropriate decision. Also if the fed lowers other places like Japan and their currency how it affects world trade.
whats really bizarro is almost nobody, and i mean almost nobody is talking about how the feds rate decision will impact markets. its really weird, its the biggest day of this year, and will have more impact on the markets direction for the next 2 years then anything else other than if Harris wins...where we all lose but people still dont understand this other than morons like dopeisbald types. Gold always goes down the day before but no one is talking it up. One thing it does tell me, is that almost no one, and yes i mean no one, understands how undervalued gold is, because there is no one in the market other than whole countries and central banks. they understand how little people understand consequences anymore. 2020 to 2024 is like a wild Twilight Zone series for real. get ready for the future, and it starts tomorrow.
Gold doing another dip to the tune of economic data, cmon boys, u know where this is going. Actually either sovereign or central banks just loaded more.
Oh did I mention industrial production NC, and inventories up. Slow is smooth, smooth is fast. Steady as she goes. Fed and treasury don’t have a clue, and can control nothing but mass destruction of everything.
Retail sales better than expected. sporting goods and misc supplies were positive. go figure, but its just a cloud approaching, as i see go to investment continue to load up, just like what lifted Retail, slow boat to the falls
The Honeymooners Most Famous Scene
Cerrado Gold Announces Q2 Financials, Cashflow and Operating Cost Performance at Its Minera Don Nicolas Mine in Argentina
Another movie to watch. Probably the story of Bre-X.
BRICS vs. NATO: Turkey's Bold Move and the US Dollar's Future
Elizabeth: The Golden Age Official Trailer #1 - (2007) HD
Sometimes you hear about a military overthrowing a government. So was it a good government or a bad one and was it by a good general or a bad one...
I was half jesting...
The Good King and Bad King dilemma. Under a good King or Queen( Queen Elizabeth, the Golden Years) everyone is happy. Under a bad King or Queen everyone is miserable.
I'm for a meritocracy. Kind of like a corporate 360 degree review of candidates. Candidates are reviewed by their boss (got results), peers (team player), and people below them (leadership skills).
Or at least a multi-party system i.e Europe. In the U.S one is either on the Red team or the Blue team. Spectators sometimes are the losers.
Yes silver is like 500:1 paper to phyz.
Trump had second assassination attempt. Watch news now
pretty much what every dictator in history either said or acted on. Now Democracy run by politicians instead of the people, now u got Obama/Biden/Harris Dictatorship. where the very very very few influence the many with lies, violence, attacks, and verbal assaults
Democracy is overrated. 10 guys in a room with 10 different opinions. Gotta love it.
China wants to beat the Fed at restoring the value of the Dollar. Politicians and current Admin, are completely clueless on monetary policy and only know how to print money, not preserve markets and economies through the dollar. they are truly idiots, angry hate filled idiots. And China knows it, and will bring out the next BRICS system with gold and tokens. they WILL destroy the dollar within 10 years, and they know it. right now they just accumulate. They may start this fall, but they may wait, when u see the enemy, the dollar, doing everything it can to self destruct, there is no hurry.
I have a thesis that China wants more minerals out of the ground (all kinds) so they accumulate gold and jack up the price to stimulate mining (they hold it at a certain price so other countries can accumulate also?).
So who benefits from increased mining? Poor third world mining countries i.e Africa (aka China's Belt and Road iniative), China and other countries getting more minerals out of the ground, and the world with a legitimate competing currency.
I find it funny that after the bitcoin conference that Trump attended he started talking about keeping the dollar as the world's reserve currency. Really?
its complicated, the futures contracts run the show, and there is 10x to 100x contracts for every oz of gold and silver respectively. silver is worse and divided into commercial and non commercial groups, maybe large speculators too. Its ofter difficult to get a metal out since it was designed for trading more than exchanging. when backwardation rules, the price will go to da moon.
I'm currently reading "The Big Silver Short" by Chris Marcus. Pretty insightful. One person put it this way. The large banks control the amount of futures contracts out there (should we dilute or not dilute) and speculators trade the contracts without ever wanting delivery of the physical metal. The amount of physical metal is unknown and should people ever want delivery on their contracts that could be a problem ( a short squeeze).
Wonder what happens when everybody wants it but no one can get it?
Tick Tock
$Aris Mining Corp. - $NYSE:ARMN & $TO:ARIS Current $Aris Mining Charts -
I have stated previously that $Aris is one of the best performing mining stocks in the sector.
YTD the stock is up 45% and nearing another multi-year high.
I want to point out first the US ticker $ARMN.
This is a picture of a master class from the Aris management team.
A year ago Saturday, $Aris began trading on the NYSE.
The stock no longer traded on the OTC like many Canadian miners do.
The simple act of putting forth a little effort to list in the US, is likely why today
$Aris stock is doing so well.
I noted on the chart where the NYSE trading began.
Look at the subsequent flood of volume not too long afterwards.
What Woodyer's team did is expose the stock to the largest equity market in the world.
Too bad many mining plays stick to the OTC platform and their stocks are no better for it.[/B]
$Gold Breaking Out vs Commodities (Top Chart) As US Dollar Weakens (Bottom Chart)
Aris US Ticker ARMN
https://stockcharts.com/h-sc/ui?s=ARMN&p=W&yr=3&mn=0&dy=0&id=p62374498686&a=1651391510&listNum=1
Aris.TO Short Term
https://stockcharts.com/h-sc/ui?s=ARIS.TO&p=D&yr=0&mn=7&dy=0&id=p16066821138&a=1700548953&listNum=1
Aris.TO Long Term
https://stockcharts.com/h-sc/ui?s=ARMN&p=W&yr=3&mn=0&dy=0&id=p62374498686&a=1651391510&listNum=1
$Gold Breaking Out vs Commodities (Top Chart) As US Dollar Weakens (Bottom Chart)
$GOLD MINERS NEWS - $Gold now has a historical breakout vs US CPI. A very bullish chart for precious metals.
$Gold Has Also Broken Out vs CPI
The inflation-adjusted $gold price having a 44-year break out has absolutely massive implications going forward…
$15,000 GOLD Soon! Prepare for the BIGGEST $Gold & $Silver Rally in 50 Years - John Rubino
Money Sense
https://www.youtube.com/watch?v=sRqgjDx8fs4
Central Bank $Gold Buying Doubled in July
Mike Maharrey
September 3rd, 2024
·
https://www.moneymetals.com/news/2024/09/03/central-bank-gold-buying-doubled-in-july-003427
DD....$Aris Mining Corporation (Aris Mining or the Company) (TSX:...
https://ih.advfn.com/stock-market/AMEX/aris-mining-ARMN/stock-news/94431244/aris-mining-publishes-its-2023-sustainability-repo
DD....$Pelangio Exploration Inc. NEWS -
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175015670
DD....$Patagonia Gold Corp, formerly known as Hunt Mining Corp., is a Silver and Gold production company.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175046791
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172090585
$HGLD & $PGDC With One Of The Richest Highest Grade Silver Mine On Earth - Patagonia Gold
& Silver Mines Hard Asset Safety Bargain --
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
https://investorshub.advfn.com/Patagonia-Gold-Corp.-HGLD-33022
https://www.patagoniagold.com
Shell Game: How America’s Money Devolved from Gold to Fiat
Joshua D. Glawson
September 9th, 2024
https://www.moneymetals.com/guides/shell-game-how-americas-money-devolved-from-gold-to-fiat
GOD BLESS
Like i said, millions will be buying, literally millions are coming, wanting real non taxable money. https://www.moneymetals.com/news/2024/09/12/signed-into-law-new-jersey-eliminates-sales-taxes-on-gold-and-silver-003457
I can find the same charts on TradingView, its just not a quick click away like that site was. Servicing Debt is now costing over 1 Trillion per year, and Gold should already be up a Trillion in value just this year. 10x coming.
I go to kitco, pretty decent.
I don’t get why these guys can’t raise the rates and default if 75% of the debt is owed to the public, restructure the debt owed to foreigners, sure it would suck, but we still would have a country. Trumps a magician on bankruptcy
What, for asking my stalker a question ?
U R now officially a marked a stalker...
WHY would you never post how and why you make decisions on IH ?......
Surely you don't believe that doing so would limit its' impact !.....
Because, that would be just plain nuts....IMO
.
Interesting thing happened a couple days ago. I used a website that I’m pretty sure most don’t know about for spot price action in commodities, been using it for a while. It was so good I could determine direction and closing prices just by watching signals. It closed Dow this past weekend. I gotta find the same data elsewhere, I can get it on a premium site I’m on but it’s complicated to use. I miss the data. I think it was LBMA trades. But if gold keeps cranking, I don’t care that much and not trading, these times are very exciting.
Ya if nobody gonna talk about federal spending and deficits in a presidential debate, I really don’t think it matters who gets in there.
If they both are gonna spend like drunken monkeys, either way good wins. Hell go back to the gold standard….we physical guys win.
Ive been watching and engaging the markets for 25 years, when you understand what drives things, and verify with statistical data, its easy to see. Its not rocket science, cause I couldnt do that, although i did interview someone who wrote code for space shuttle, and he was way over qualified for the job, it just takes brains, time, effort, unbias attitude, and have an organized plan, anyone can be a millionaire. Most on IH are just dummies who can type text and insult everyone or post completely bias or facts out of context content. they are lazy, and focus on personalities, and hate people, I would never post how and why i make decisions on IH for the most part, only small parts.
It is amusing in every sector, they just feed off each other, seem most never go from 0 to 100% on their own merit. sad but human nature tells the young today to take the easiest way and relax whenever needed.
Quick read and echo's your thoughts, with some relevant information.
https://www.schiffsovereign.com/trends/joy-is-going-to-drive-gold-prices-to-absurd-levels-151408/
I’m gonna dwell on it while getting my coffee at Peet’s in Menlo Park
Getting a little frisky:)
Go for the gold, and silver. Gold is money, and cant be taxed cause there are no capital gains reailized or unrealized, its money, yes u heard it hear first, if Harris gets in, taxes in every way possible go up. gold will be the only thing standing that will be accepted everywhere you want to be. expect 20x coming. for real.
Core CPI way too hot for markets to handle today.
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