2000US 3000AU

Real $ Return said:
Can agree there but imo silver been more of industrial then monetary metal for while and these properties also help keep it down as quantities needed...balance of when resource is limited to when value/price elevated who knows real stats not I still learning alot. Still know theres many untouched desposits that as yet unprofitable or undesirable to mine. When started i was hypnotized...just like the toad from futurama ;) i listened to pumpers to much, bought to fast and didnt learn shit all, silver captivated me now i see the potential still and possibility but probability of anything is questionable. Im happy bought gold and think over time will continue a steady climb...its in another class its density and value make it a superior store in many important ways. For large scale investment in Ag within my means have a decent stack but rather stake in mines as they can mirror the results can sell and buy instantly and am not breaking my back. Cool picture man :) plats worth a gamble as lower quantities then all and has chance in hydrogen perhaps,etc. My crappy two cents worth view
Click to expand...

it looks like the industrial forecast is 1% gains year on year till 2027 -

https://www.theassay.com/articles/the-assay-insights/palladium-vs-platinum-investment/


Which is why I think a mania for monetary metals would be what’s needed
 
Both the POG and the 200 DMA are trending well above one of the scenarios I posted a while back. Does this mean the highs will arrive sooner or does it mean the highs will exceed what I've got there in dark blue?

XAUUSD_2024-07-29_17-15-11.png
 
Posted this in the crypto thread.

Screenshot 2024-08-08 at 9.07.42 am.png

Most of the anticipation across all asset class markets in relation to The Fed has been fluff throughout 2024 and going back. I think we're approaching the pointy end and may see some genuine and significant forward guidance and action next month. Whether that translates into a rate cut or not I'm not sure yet but the ramifications of a decision one way or the other have greater implications than previously. Buckle up?
 
Oh hell yeah rates cuts would be totally awesome for gold.
I've said it before. There's nothing they can do that won't be great for gold.
It's a guaranteed win no matter what they do, it's over.
Kamala will only be the icing on the cake.
 
soubt FED will do anything this year as TRUMP/HARRIS battle is ON....no one looks @anything to do with economic issues...this battle blinds everyone in US..let alone TRUMP has already won it, but not on paper just yet...thx to CROOKS!
 
Trump wants to challenge The Fed's independence by having a say on interest rate decisions and giving Treasury oversight powers o_O

“I feel the president should have at least [a] say in there,” Trump said during a news conference at his Mar-a-Lago residence in Florida. “Yeah, I feel that strongly. I think that in my case, I made a lot of money, I was very successful, and I think I have a better instinct than, in many cases, people that would be on the Federal Reserve or the chairman.”
Click to expand...

https://www.cnbc.com/2024/08/08/tru...-federal-reserve-interest-rate-decisions.html

Harris pushes "convention":

 
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