Gold, Silver & Other Precious Metals 19 (Oct 24 - Dec 26)

[winston]

Amid rising volatility, a new gold standard may be closer than we think

With bond yields rising and stock markets hitting precarious highs, gold-backed monetary policy could be a much-needed source of stability

by Anthony Rowley

Amid all the artificial intelligence-induced euphoria – or irrational exuberance – in stock markets and despite the unease caused by rising bond yields and falling prices, relatively little attention has been paid to the rising price of gold.

The implications have potentially seismic monetary significance.

Those who do see fit to comment on gold’s dramatic price increase this year – passing US$4,000 an ounce for the first time on Wednesday – tend to brush it off as a reaction to a falling US dollar, geopolitical uncertainty and the fact that much of the buying is being done by central banks, which inhabit a different universe from that of market investors.

Few question why central banks have been stocking up to the point where gold is now second only to the US dollar as an official reserve asset, ahead of the euro and others.

Could central banks be exercising a degree of farsightedness beyond that of financial markets?

Source: SCMP

https://www.scmp.com/opinion/world-opin ... pe=section

[behappyalways]

Gold, mining stocks remain underinvested despite gains: Sprott
https://www.mining.com/gold-mining-stoc ... ns-sprott/

[winston]

<Research>UBS: Gold Trade Not 'Extremely Crowded'; De-dollarization/ Debasement Trade to Support Gold Asset Allocation Demand

Gold has become a 'market consensus long position' trade in early 2025.

After gold prices surged approx. 60% in total within the year (setting around 40 new highs in 2025), the market began seeking second and third-tier derivatives of gold for higher leverage, such as silver, platinum-group metals and miners, with investor interest at extremely high levels.

The broker was increasingly cautious about the rising short-term enthusiasm in gold trade.

However, traditional indicators have not yet shown extreme crowding (COMEX net long and ETF inflows), reflecting a broad based gold buying.

Despite strong momentum and a certain degree of 'crowded' positioning, UBS did not see conditions for a sustained downcycle in gold.

The broker believed that the logic of central banks continuously purchasing gold remains valid, although most gold pricing models are currently 'broken.'

The five gold bear markets over the past around 50 years occurred during periods of strengthened USD, declining inflation or expectations, rising economic growth and reduced risk premiums/uncertainty, according to UBS' strategy.

Looking ahead to the next 6-12 months, the broker expected the above conditions to move in the opposite direction, and believed that this, combined with the ongoing themes of de-dollarization and debasement, will support the demand for gold asset allocation.

Source: AASTOCKS Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[behappyalways]

Gold Warrants on the Shanghai futures exchange have nearly doubled since this chart posted a month ago. Up 25x since the beginning if the year.
https://x.com/biancoresearch/status/1980101218211922270


Ray Dalio Explains Why Gold & Why Now...
https://www.zerohedge.com/precious-meta ... ld-why-now

[behappyalways]

Everyone is talking about the sharp rise and fall of gold and silver prices. Do you really understand?
人人都在说金银暴涨暴跌，你真弄明白了吗？
https://m.youtube.com/watch?v=C-tPXi06NZ0


Slight pullback in gold last week was met with big inflows into GLD. Looks like they are clamoring to get in.
https://x.com/FedGuy12/status/1980303513784844646


India's Largest Metals Refinery Just Ran Out Of Silver For The First Time In History
https://www.zerohedge.com/precious-meta ... me-history

[behappyalways]

Not the first time we have showed this long term #silver chart. Bulls have to take note of this long term development.
@forexanalytix
https://x.com/PipCzar/status/1980639251554615334

[winston]

From FOMO to fear of margin calls: Gold’s wild ride enters new stage

By POLINA DEVITT

The nature of the rally has changed, driven now by Western investors rather than the stickier emerging market buyers of most of the last two years.

A correction in equities could, as they have in the past, trigger long liquidation as investors seek to raise cash or meet margin calls.

Analysts also caution that if investor momentum slows in 2026, excess physical supply could begin to weigh on prices as demand from the jewellery sector in the key consuming regions is falling.

Source: The Star

https://www.thestar.com.my/business/ins ... -new-stage

[behappyalways]

Your money is shrinking! Can you still buy gold even if it plummets towards 4400? Chen Fengxin reveals three major factors supporting a bullish outlook

你的錢在變薄！黃金衝4400急跌還能買？陳鳳馨揭3大因素支撐看漲【風向龍鳳配】CC字幕

https://m.youtube.com/watch?v=DucPrw0gZ8Q&t=435s