|
|
|
|
|
** Market Conditions Alert
**
|
|
|
Gold is breaking out to new all-time
highs this morning, rising $25 to top $2,795 per ounce.
At the same time, silver continues its
march upwards, rising another 60 cents this morning to trade at $31.65 per ounce.
High drama in the institutional
markets for gold and silver -- unfolding mostly in the background over the past 45
days – may finally be bleeding out into the mainstream.
|
|
|
Specifically, Trump's
threat to impose import tariffs has led to a mad
scramble at the institutional level to transport gold and silver bullion
into the United States from all over the world before any potential tariffs are
put into place.
A short squeeze may be
unfolding at the COMEX; some traders are having difficulty sourcing metal and are
closing out hedges to avoid getting caught on the wrong side of the trade.
|
|
|
|
On Wednesday, an analyst at TD
Commodities warned the market is especially underestimating the possibility of a
big move in silver, writing "explosive upside convexity in silver markets
remains severely underpriced, particularly with few days remaining until the
proposed deadline for tariffs for Canada & Mexico."
Meanwhile, Trump has been pounding the
table for lower rates and loudly blamed the Fed yesterday for causing the
inflation America has seen in recent years.
???If the Fed had spent less time on
DEI, gender ideology, 'green' energy, and fake climate change, Inflation would
never have been a problem,??? Trump said in a Truth Social post.
Money Metals will keep you informed as
these fast-moving events continue to unfold.
|
|
|
|
|
|
|
|
|
|
Other Great Options to
Consider
|
|
|
|
|
|
|
|
|
|
|
|
This copyrighted material may not
be republished without express permission. Offer only available through email
promotion. Offer does not apply to previous orders and may not be combined with
any other offer or program. Special shipping rates or other restrictions may apply
to international orders. The information presented here is for general educational
purposes only. Money Metals Exchange and its staff do not act as personal
investment advisors. Nor do we advocate the purchase or sale of any regulated
security listed on any exchange for any specific individual. While our track
record is excellent, investment markets have inherent risks and there can be no
assurance of future profits. You are responsible for your investment decisions,
and they should be made in consultation with your own advisors. By purchasing from
Money Metals, you understand our company is not responsible for any losses caused
by your investment decisions, nor do we have any claim to any market gains you may
enjoy. Money Metals Exchange is not a regulated trading ???exchange??? as defined by
the CFTC and the SEC.
|
|
|
