Precious Metals Going Up?

JohnnyBravo300 said:
He's already flip flopping on all that he's promised.
He's saying maybe 2% per year now.

Its another "Mexico will pay for the wall" thing.
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So the standard political procedure then?
Been like it in the past will continue in to the future until change is forced by the people (never going to happen)
 
Yeah just the standard procedure. He never even overturned the bump stock/suppressor bans last time like he talked about.
Its mostly about looking a certain way.

As long as stocks go up it's all good.
 
JohnnyBravo300 said:
As long as stocks go up it's all good.
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TRUMP will bring MUSK down together with his (admin) ship…he told MUSK to buy US sub TikTok…MUSK is still owing trillions for twitter…similar to old history where TRUMP asked his Jarrad/son-in-law to buy a building for 1B and sent his family to brink….
 
Josh Tyrangiel (Bloomberg Newsweek journalist): A lot of what you just said interacts with the government. We have a new president coming. You made a personal $1 million donation to the inaugural fund. Why?

Sam Altman: He’s the president of the United States. I support any president.

Probably not a bad way of looking at things, Trump has been elected, it is now Trump until he or the term is up.

It's the same as here in Australia. Dutton will likely be the next PM, and not much will change. More promises, more kicking the can down the road.
 
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Now, a spike in so-called lease rates in London this week signals that an increasingly frenetic global hunt for bullion is under way as major dealers seek to shift metal to the US before any tariffs are imposed.

Lease rates reflect the return that holders of bullion in London’s vaults can get by loaning their metal out to other buyers on a short-term basis. Normally, the returns on offer sit close to zero, but this week they’ve surged to historic levels, with profits on one-month lease rates exceeding 3.5% on an annualized basis.

That’s the highest level since at least 2002, and it signals surging demand for metal in London’s vaults. There have been similarly extreme moves in the silver market, and some analysts and traders warn that there may not be enough freely available metal to meet dealers’ needs.
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https://www.bloomberg.com/news/arti...re-fueling-a-chaotic-hunt-for-gold-in-london/
 
Don't know about silver but I think gold will continue to grow while there is so much political volatility in the US and therefore the world.
 
We're so early in the bull market that silver hasn't even begun to move yet.
Usually it underperforms for awhile before it starts clappin cheeks.

I think silver made like a 40 year cup and handle or something crazy?
Gonna take a decade or 2 to play out after that but also will seem slow motion at times.
Take advantage!
 
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