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Tuesday Edition: December 10, 2024

A Chinese PBOC Elephant Leads the Charge

By Stewart Thomson, Graceland Updates

Resumption of PBOC gold buying is a sign that the gold market sentiment froth is gone, and investors can feel good about purchasing gold.

2025 Will Be the Year of Silver

By Gary Savage

Gold will hit $3,000 by spring of 2025, a small stepping stone that will take us to the final gold market top. $10,000 may be a piece of cake.

Fed Chairman's Brazen Lies About Gold Go Unchallenged

By Chris Powell, GATA

Defeating the competition posed by gold to the dollar long has been the primary objective of the Federal Reserve, U.S. Treasury Department, and Western central banking generally.

Fortuna updates Mineral Reserves and Mineral Resources for the Seguela Mine, Cote d'Ivoire

By Fortuna Mining Corp.

Fortuna Mining Corp. announces the discovery of over 500,000 gold ounces of new Inferred Resources.

It's Now All About China in Metal Markets This Week

By Ira Epstein

Ira talks about global events pushing the gold market. He explores the possibilities, including Syria and Israel, but concludes it's ultimately all about China.

Monday Edition: December 9, 2024

Technical Scoop: Interest Soars, Weak Gold, Struggling Energy

By David Chapman, Enriched Investing

Gold and oil are still struggling as they were the weakest groups this past week. Will it last? Or will the broader market and the commodities trade places?

Some Predict a Major, MAJOR Stock Blow-off is Imminent

By David Haggith, The Daily Doom

The market has been floating on the hopium of a string of rate cuts, while inflation will hold the Fed’s feet to the fire, making the interest-cutting scenario less likely than the market believes.

China's Metal Dominance

By Richard Mills, Ahead of the Herd

Authors Wischer and Dwivedi declare the most secure source of energy and minerals is domestic production. “Ultimately, the pursuit of US energy dominance could coincide with a push for US mineral independence,” the authors conclude.

Gold SWOT: J.P. Morgan Says Gold Is the Top Commodity to Buy in 2025

By Frank Holmes, U.S. Global Investors

Gold buying by central banks surged to 60 tons in October, mainly led by the Reserve Bank of India (RBI), which added 27 tons of the precious metal to its reserves.

The Big 4/8 Traders Continue to Short Gold & Silver

By Ed Steer, Gold and Silver Digest

But once you add in the 29,381 contracts currently held short by Ted's raptors, the commercial net short position in gold works out to 62.0 percent of total open interest, up from the 57.7 percent they were short in the prior COT Report.

Sunday Edition: December 8, 2024

GoldSeek Radio Nugget - Lawrence Kotlikoff: U.S. Paying More on Debt Interest Than Defense

By Chris Waltzek, GoldSeek Radio

Boston University Economics Professor Lawrence Kotlikoff says "uncertainty" will persist within the domestic economy, making gold essential for investment success.

Silver, Oil, & Stock Market: Big Waves In Play

By Captain Ewave

Wave ii ended at 18.01, and we are working on a powerful wave iii rally that is full of nested bullish waves, as shown on our daily silver chart.

Gold Boring; S&P Warning

By Mark Mead Baillie

Along with Gold’s +30% year-over-year gain, let’s next see how it compares with the performance tracks of highly visible precious metals’ equites.

Understanding the Implications of the CME's New 1 oz Gold Futures

By Jesse Colombo, Economic Analyst

The CME is launching a gold futures contract to meet surging demand from retail traders, but it will only flood the market with more 'paper' gold.

Homes for Christmas

By John Mauldin, Thoughts from the Frontline

Whenever the debt crisis hits, it will go better if we’ve solved the housing shortage and people are at least living in sustainable situations.

Friday Edition: December 6, 2024

COT Gold, Silver & USDX Report - December 6, 2024

By COT Gold Report

Positions as of 3 December, 2024

Gold’s Monster Upleg Well

By Adam Hamilton, Zeal Research

As long as gold doesn’t roll over into 10%+ correction territory, gold’s enormous upleg remains intact.

The Joke's on us, and Federal Reserve Jokers Are Not So Funny

By David Haggith, The Daily Doom

The reason for the Fed’s target inflation rate of 2% is not a funny deception at all, but intentional deception it was.

Commodities & Silver Stocks Are Hot

By Morris Hubbartt, Superforce Signals

I think we'll be seeing some very hot action in a number of sectors, especially the silver and uranium stocks. The SIL ETF is particularly exciting right now.

Federal Reserve Woes and Precious Metals Trends

By MoneyMetals

Losses are attributed to interest payments on bank reserves, and the Fed's long-term fixed-rate assets purchased during periods of near-zero interest rates.

Central Bank Gold Buying Surged in October

By Mike Maharrey, Money Metals

"Depleted trust in the U.S. fixed-income assets and the rise of non-reserve currencies are other themes that could support central bank gold buying."

Bitcoin Steals Gold's Role

By Ira Epstein

Today's payroll, followed by the CPI and PPI is the last dataset before the Fed decides on rate cuts. Gold typically enjoys the Santa Claus rally that begins mid-December.

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