Not With A Bang But A Whimper
Today’s news that GME is selling stock has put yet another damper on this week’s runup. Quite frankly, they are a few days too late.
Historic Moves In The Utilities Sector
At one point last week, XLU closed higher than it opened on 16 out of its prior 17 trading days.
$30 Silver Top Has Broken
We are getting very close to silver finally making a break for it.
Gold Miners’ Q1’24 Fundamentals
The major gold miners just wrapped up another quarterly earnings season, reporting great results. Sector unit profits continued blasting higher on stable production, lower mining costs, and record prevailing gold prices.
Comparing New And Current U.S. Tariffs On Chinese Imports
This week, the U.S. introduced a new series of tariff increases on Chinese imports, amounting to over $18 billion worth of goods.
Is China Dumping U.S. Treasuries And Buying Gold?
Bloomberg reported that China is selling a record amount of US debt while buying gold. Previous reports of debt selling were false.