Good Reads
Let's Tally the Gold Rally
Gold’s 2024 rally continues, boosted by central bank and Asian demand amid geopolitical tension. Remarkably, it has broken 39 all-time highs in a year of strong U.S. yields and dollar strength, largely during Asian trading hours. Yet, Western investors and media remain comparatively muted, suggesting room for further growth. Read on »
Silver Short Squeeze Incoming
Silver’s dramatic 2024 rally, up 46%, reflects surging demand from electronics, renewable energy, and central bank purchases, particularly by Russia. With a tightening supply, market fears mount that banks’ substantial short positions could trigger a short squeeze. Increased solar demand and supply deficits suggest further price gains amid tight inventories. Read on »
Gold Price Aims for $3,000 Mark
Gold's impressive bull run, up 70% since 2022, is projected to reach $3,000 in early 2025. Technical levels indicate possible resistance there, but central bank demand—especially from China—could push prices higher. Current support near $2,700 and bullish indicators signal robust interest, with potential for $4,000 long-term. Read on »
Community News
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U.S. Natural Gas Futures Pull Up From Overnight Lows Link>>