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Smart Silver Stacker retweeted
SOMETHING VERY STRANGE IS HAPPENING IN THE GOLD MARKET.
Gold has crashed more than 25% since the US-Iran war began, falling below $4,000 for the first time in over 3 months.
But instead of selling, investors are continuing to pile into Gold ETFs, with holdings climbing toward 102 MILLION ounces.
This is happening while stocks are crashing and investors are selling assets to raise cash.
This means gold downtrend is because of forced selling.
If ETF investors keep accumulating despite the crash, we could see good rebound in gold once panic settles.
Smart Silver Stacker retweeted
Rather than turning mercury into tiny amounts of gold at an absurd cost, maybe we should develop technology that turns politicians into people who can balance a fiscal budget.
Last month, we demonstrated high-rate alchemy: turning mercury into real, stable gold, beating CERN’s record by a factor of 10.
Last week, we enriched isotopes in the world’s most powerful plasma centrifuge, beating the Soviet record that stood for 40 years.
Now, we’re building a fusion reactor in San Francisco to achieve record power density.
Smart Silver Stacker retweeted
Corrupt institutions globally have to collapse for a better world to be born.
You should be preparing for the collapse period with the utmost optimism for what comes after.
Community, food production, clean water access, and distance from population centers are key.
Follow your intuition on where to be and when to be there.
Your intuition is strongest when you’re living right, helping others, and are full of hope and gratitude
Smart Silver Stacker retweeted
Diamonds rearrange existing carbon atoms chemically via heat/pressure (HPHT) or vapor deposition (CVD). Industrial process, production costs tens of dollars per carat.
Gold from mercury requires nuclear transmutation: high-energy neutrons alter the atomic nucleus (Hg-198 to Au-197). Needs accelerators or fusion reactors, yields tiny amounts at costs millions of times gold's value, plus years of radioactive cooling. Chemistry vs nuclear physics—orders of magnitude harder and costlier.
Smart Silver Stacker retweeted
it goes without saying that everything that is announced prior to elections is complete and utter bullshit
Smart Silver Stacker retweeted
These peace deal headlines are getting so creative and stupid that anyone with a brain can tell that they are fake.
Unannounced visit and only the interest on the $6 billion.
Who comes up with shit like this?
NEW: Qatar and Pakistan have presented a compromise proposal to revive U.S.-Iran talks. Under the plan, Iran would receive profits from its $6 billion in frozen funds held in Qatari banks.
In return, Iran would allow a secret IAEA visit to its nuclear sites.
Pakistani Army Chief Field Marshal Asim Munir reportedly carried the proposal to Tehran on Tuesday.
Sources say it has U.S. approval. Iran had reportedly responded positively to it earlier.
Only the interest on the frozen assets would be deposited into an Iranian account, not the principal.
The unannounced inspection would address a key U.S. demand on the nuclear file.
Source: Al-Araby Al-Jadeed
Smart Silver Stacker retweeted
Brent Sea Crude set up technically for massive run to the upside $BNO $BRN1!
Smart Silver Stacker retweeted
GOLDMAN SACHS ON GOLD: ESTIMATES CENTRAL BANK PURCHASES OF 79 TONNES IN AUGUST, WELL ABOVE THE PRE-2022 AVERAGE OF 17 TONNES
Smart Silver Stacker retweeted
Actuaries price insurance by multiplying risk of loss (%) by potential severity (%). Insurance is cheap whenever consensus underestimates risk - "subprime is contained."
The same is true for gold today - Western consensus is that systemic risks are well contained. Are they?
Smart Silver Stacker retweeted
NOW: Initial reports of a Houthi attack on Jazan, Saudi Arabia.
Saudi Civil Defense just published an air raid alert, with air raid sirens likely sounding.
Contributed by: @BeamTracker_
Smart Silver Stacker retweeted
#Silver market deficit expected to widen again this year engineeringnews.co.za/articl…
Smart Silver Stacker retweeted
Considering China been close almost 2 weeks and is about to open back up. I got us bouncing off support. They’re going to love this discount on metals. Probably sell some US debt to get some
Smart Silver Stacker retweeted
The market will heavily discount today's PCE inflation data.
Why? Because the US just changed the way PCE inflation is calculated:
Beginning with today’s release, the US changed the methodology for 3 key PCE inflation categories and revised data back to 2021:
1. Portfolio management/investment advice
2. Computer software/accessories
3. Legal services
The biggest change is in portfolio management fees. Under the old methodology, rising asset values could show up partly as higher "prices" for portfolio management services.
For example, if an adviser charged 1% of assets and the portfolio rose 20%, the dollar fee would rise 20% even though the adviser did not raise the 1% fee.
The new methodology uses an employment-based measure to estimate the quantity of services, reducing the amount of the increase that is classified as inflation.
For software, the US now uses a broader composite. For legal services, an unpublished CPI series is being replaced because it had become "unusually volatile."
We estimate the methodology alone could reduce Core PCE inflation by up to 20 basis points.
In the PCE inflation data released just now, both headline and Core PCE inflation were revised down by 30 basis points for July.
We do not interpret the entire 30 basis point drop as disinflation.
Part of it is literally a measurement change.
