The showdown between NATO and Russia quickly spiral out of control. "My greatest concern - they take us to war." Due to massive national debt levels, "There's going to be a collapse."
The global silver market is forecast to record a second consecutive deficit in 2022, with a multi-decade supply gap of 194 million ounces forecast, as demand is set to rise to a new high.
One reason for the market excitement was the consistency of the results and where these results are coming from. Cervantes is showing its prospectivity in terrain that has the genetics for bulk tonnage mining operations.
We lost a lot of people in the bottom phase. There are a lot of people missing this move higher in gold. There are huge moves happening very quickly.
There have been thoughts of a slowing of interest rate hikes that has driven markets higher. Could we be in for a surprise?
Gold now being on a Long weekly parabolic trend, in the vacuum of historical averaging we can see price on this run reaching above 1900, albeit the 1800's are structural resistance..
Inflation, deep recession, war, disease and political unrest are just a few of the factors that could bring a badly limping financial system down. But suppose the global picture were to brighten significantly?
FOMO or Fear of Missing Out has started in gold, silver, and copper. More and more retail traders are now investing or will buy on dips. Risk appetite has risen.
The jobs market is continuing to stay strong longer than the Fed has expected. The Fed has says that they want to see weakness and this jobs data does not show that. We will see with the inflation data.