SImain (Silver - main 2412)
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avatarIvan_Gan
11-19 15:33

The Fed is hawkish, U.S. stocks and gold are about to usher in a new round of correction

There were not many big events last week, but the market was not small at all. Since the US election, nothing in the financial market has risen smoothly except the US dollar and Bitcoin, and even the varieties that Trump intends to suppress have fallen one after another. At present, the market is still in the honeymoon period when the market expects the effectiveness of Trump's policies, and the main line has not changed much, which means that before Trump really takes office, strong varieties will continue to be strong, while weak varieties are more likely to continue to fall. Everyone should pay attention to it.The chairman of the Federal Reserve said at an event in Dallas last week that the current recovery momentum of the U.S. economy is good, the labor market is stable, and although i
The Fed is hawkish, U.S. stocks and gold are about to usher in a new round of correction

What is the most important asset to watch as the election results come in

The U.S. election is about to give its final answer this week. The ups and downs of swing state data have caused some sensitive assets to take a roller coaster trend around last weekend. However, there are still some varieties fluctuating within a narrow range. Obviously, their breakthrough direction is likely to determine the market tendency in the next stage.Today we are going to talk about copper, which we haven't talked about for a long time. As a wide variety similar to crude oil, copper prices have gone out of a complete bull market and bear market in the first 11 months of this year, and are now just at the central axis level. What's more interesting is that in the past half month, the price has been running within a narrow range of 4.3-4.4 X.Copper has always been said by Dr. Coppe
What is the most important asset to watch as the election results come in

🚀 How the performances of your trading on Bitcoin, gold, and silver this year?

[Miser]Hello, Tiger!It's great to see that you're keeping track of your investments. Based on the performance over the past year, it's clear that $Bitcoin(BTC.USD.CC)$ , $Gold - main 2412(GCmain)$ , $Silver - main 2412(SImain)$ have shown significant growth:Bitcoin has delivered a remarkable return of +95.96%, as indicated by the pink line on the chart.Gold has also performed well with a return of +38.97%, represented by the blue line.Silver has shown a solid increase, with a return of +47.30%, marked by the green line.I'm curious to know which of these areas you've invested in and how they've been treating you. Are you satisfied with your current h
🚀 How the performances of your trading on Bitcoin, gold, and silver this year?
avatarBarcode
10-23
$Endeavour Silver(EXK)$ 🔺 B̳U̳L̳L̳I̳S̳H̳ 🔺$Silver - main 2412(SImain)$  I opened positions in EXK. Short term target 🎯 $8, plenty of upside longer term. A great company with strong ethos and culture.  @Tiger_comments @TigerPM @TigerGPT @TigerPicks @TigerStars @TigerObserver @Daily_Discussion 

Gold soars but be careful when you consider buying gold now

The time node when silver compensated for the increase and the RMB exchange rate triggered the rise of precious metals in the internal market + various news and fundamentals gathered. These top features that have been talked about before are emerging one after another. As an old bull who has been bullish on gold for many years, now I am more cautious and waiting for a signal to exit. Always remember that pulling the market is the best way to sell goods. Don't go up or chase high is the only way to avoid deep traps and losing money.Silver showed a significant upward trend last week, breaking through the high in mid-May, and opening further higher this Monday. Obviously, the recent comparison of gold and silver trends has completely matched the compensatory effect of silver's late-coming fir
Gold soars but be careful when you consider buying gold now

Why you should consider investing in gold before November

There are only more than two weeks left before the US general election on November 5th. There are various opinions on American polls, and the results of different polls are that which candidate is ahead by a large proportion, which makes the poll results have little reference significance. It seems that we will have to wait until the last polling day to know the results. Therefore, any current "Trump" or "Harris" transactions may be revised at any time. Everyone should pay attention to the market swing, and the general direction has not changed much.The "Israel-Iraq conflict" boosts gold to a record high?Current news points out that Israel plans to strike back against Iran, and it is rumored that the specific implementation time will take place before the US election, that is, further mili
Why you should consider investing in gold before November

Will gold prices hit another all-time high in 2024?

Last week, overseas interest rate cut expectations were further revised, and the CPI in September was higher than expected. At the same time, several Fed officials stated that interest rate cuts may be lower than previous market expectations. The market's interest rate cut expectations have also improved. The momentum of short-term economic growth has also improved, and copper prices have stabilized and rebounded accordingly. However, we do not think that the data in the United States will continue to strengthen, and we need to consider the possibility that the interest rate cut expectations will rise again.CORE POINTS1. Expectations for interest rate cuts continue to be revised, and copper prices stabilize and reboundLast week, overseas interest rate cut expectations were further revised,
Will gold prices hit another all-time high in 2024?

Economic and Market Review September 2024

Economic and Market Review September 2024• Equity markets have strong year-to-date returns, with the $S&P 500(.SPX)$ having its first positive September in 5 years.• $Gold - main 2412(GCmain)$ and $Silver - main 2412(SImain)$ surge amid continued economic uncertainty and global conflict fears.OverviewThe Fed cut rates by 50bps. The market rallied on the news but flattened out as the month progressed, with the S&P ending the month up 2.8%. However, the last time the Fed cut rates by 50bps with markets at all time highs was in October 2007 – what followed in 2008 came to be known as the ‘great recession’.As a refences, at the time Debt to GDP
Economic and Market Review September 2024

Silver Prices Expected to Rise in Next 3 Months

图片Thanks to expectations of further interest rate cuts from the Fed, precious metal prices are soaring, with silver $Silver - main 2412(SImain)$ hitting its highest point since 2012. Silver has been one of the standout commodities this year. The Fed's shift toward more accommodative policies and prospects for further rate cuts are giving precious metals a boost. Plus, as China takes steps to invigorate its economy, the industrial demand for silver could rise, providing even more support for its price.Amelia Xiao Fu, head of commodities at CICC, stated:“With continuous rate cuts and potential ongoing stimulus from China, we expect silver to keep climbing in the coming quarters, aiming for $37.”Ole Hansen, head of commodity strategy at Saxo Bank
Silver Prices Expected to Rise in Next 3 Months
avatarBarcode
09-20
$Endeavour Silver(EXK)$ I closed positions after a quick dip in the Silver pot. Will watch $Silver - main 2412(SImain)$ with Silver showing potential to $32 Source - Yahoo Finance Technical analysis of silver prices also reveals long-term pent-up bullish potential, and the two looming peaks in silver's history at about $50 per ounce could act as magnets for a breakout. According to Goldman Sachs, $32 is the big level to watch for silver, which the bank said is "on the verge of a multi-month breakout." The bank also noted that options on the iShares Silver Trust (SLV) had one of the biggest volume days in years last Friday. $iShares Silver Trust(SLV)$ 
avatarBarcode
09-13
$Endeavour Silver(EXK)$  $Silver - main 2412(SImain)$ I've just opened positions in $EXK 🔺🅱️ullish🔺📈📈📈📈📈📈📈📈📈📈📈📈📈 🎯🎯🎯 $EXK: Silver’s Bright Future with Endeavour Silver’s Strategic Edge 🎯🎯🎯 Kia ora Tiger traders! ✨ Endeavour Silver Corp. ($EXK) is a mid-tier mining company focused on the acquisition, exploration, development, and production of silver and gold deposits in Mexico and Chile. Founded in 1981, the company operates multiple high-grade mines 🏔️, making it a key player in the global silver market. Its most significant assets include the Guanaceví and Bolañitos mines in Mexico, with upcoming projects like Terronera, set to boost production in the future 📈. 🌟 Fed Announcement & Silver’s

Will Yen Breaks Bearish Trend Against Greenback?What to watch In The Next month?

The future trend of the yen and the US dollar was mainly driven by the policy factors of the two central banks, with the yen strengthening and the US dollar under pressure. Non-U.S. currencies mainly benefit from the growing downward trend of the U.S. dollar. For example, the British pound hit a new high in the past three years, and the Canadian dollar gained the biggest weekly increase of the year. Looking forward to this week, a number of Fed officials will make public speeches, and it is worth paying attention to whether the speeches can maintain consistency in dovish stances. In terms of economic data this week, U.S. inflation data, especially the core PCE price index, is more important: if the data is higher than expected, the decline in the US Dollar Index may ease. In addition, the
Will Yen Breaks Bearish Trend Against Greenback?What to watch In The Next month?

Will gold prices hit another all-time high in 2024?

After gold broke through the key suppression of 2150 in the first quarter of this year, the ultimate goal of the current round of gold pointed to at least 2600 +, and there was a possibility of 2800 +, but a further breakthrough of 3000 or higher was no longer within the scope of consideration at that time.With the advancement of time and price, the price of gold at the beginning of this week is only about $50 away from the low-orbit target of 2,600, which seems to be at your fingertips. However, it is worth noting that the small institutions in the current rising market seem to be forming an ending wedge. This structure usually appears at the end of the market, and after the end of the structure, there will be a rapid downward trend. Taking gold as an example, it will fall to around 2300.
Will gold prices hit another all-time high in 2024?

Should you buy gold now or wait?

There is no signal of confirmation of recession in the U.S. economy for the time being. Under the premise that the liquidity crisis has not occurred, the expectation of interest rate cuts and safe-haven demand still support the strong operation of precious metal prices. However, the current overall price of gold is at a historical high, and another upward breakthrough still requires new drive. Pay attention to the impact of this week's U.S. CPI and retail sales data.CORE POINTS1. Gold prices fluctuated at high levels last week, while silver and copper prices fell backIn terms of precious metals, COMEX gold fell 0.62% last week, and silver fell 3.99%; The Shanghai Gold 2410 contract fell 2.32%, and the Shanghai Silver 2412 contract fell 5.59%. Among the prices of major industrial metals, CO
Should you buy gold now or wait?

Silver stocks: The 3 largest U.S. producers by Market Cap in 2024

When it comes to silver $Silver - main 2407(SImain)$ mining in the US, 2023 was a banner year with a whopping 1,000 tons produced. Alaska, Nevada, and Idaho were the big hitters. And talk about silver prices, they've been on a roll this year!Looking ahead, silver, as a practical industrial precious metal, is expected to have even bigger price swings. Now, here's the lowdown on the three biggest silver producers in the US by market cap (data as of May 13, 2024):1. $Hecla Mining(HL)$ Market Cap: $3.3 billionHL has mines in Alaska and Idaho, Canada's Yukon, and Quebec gold mines. They've also got a ton of exploration projects across North America. In 2023, they reported a whopping 238 million ounces of sil
Silver stocks: The 3 largest U.S. producers by Market Cap in 2024

Both gold and silver will resume their upward trend!

As the Fed's interest rate cut expectations faded, the dollar and US Treasury yields rose, and spot gold $Gold - main 2406(GCmain)$ prices fell 3% last week, the biggest weekly decline since early December last year. But technically speaking, after the sharp correction in precious metals prices last week, gold and $Silver - main 2407(SImain)$ prices are expected to rebound this week, with silver leading the way.Spot gold prices rose 0.74% to $2,351.37 per ounce on Monday, while silver prices jumped nearly 4% to $31.522, leading the metals sector higher.Gold seems to rebound in the Ichimoku Cloud (0.618-0.786 retracement) and the secondary support level near $2326, but the gold price may still test
Both gold and silver will resume their upward trend!

Is $30 the start of a bigger bull market in Silver?

Spot silver $Silver - main 2407(SImain)$ prices surged above $30 an ounce this week to their highest level in more than a decade. The precious metal closed up 6.5% at $31.49 an ounce on Friday, its highest level since February 2013. So far this year, silver has surged 32%, outpacing gold and making it one of the best performing major commodities.The rise in silver prices is driven by a combination of investor sentiment, signs of improving industrial demand, and an expected fourth year of silver supply shortages. Phil Streible, chief market strategist at Blue Line Futures, said,The renewed frenzy of meme stock chasing this week also contributed to silver's rebound. Silver is usually a favorite area for these speculators.In fact, in 2021, silver
Is $30 the start of a bigger bull market in Silver?

Global Markets Hit New Highs: Caution or Ride the Wave?

Among the world's top 20 stock markets, 14 markets have already reached or are continuously hitting all-time highs.Can Nvidia earnings and FOMC minutes continue to push the market higher, or should we be wary of a pullback?With CPI data cooling down, the market is focused on whether the FOMC minutes will provide the latest news on interest rate cuts.Rise in commodities cannot be ignored.$Gold - main 2406(GCmain)$ has hit another all-time high, $Silver - main 2407(SImain)$ has broken through its highest level since 2013, and $Copper - main 2407(HGmain)$ has surged 30% in the past six months.If the upside for stock indices is limited, would you buy meta
Global Markets Hit New Highs: Caution or Ride the Wave?
avatarBarcode
05-10
$Silver - main 2407(SImain)$ $Fortuna Silver Mines(FSM)$ After a long hold with Sharesies, FSM bids adieu, with Silver's shine, my heart stays true. Since December 2021, a long embrace! Takeaway a 29.67% spree! Loving silver's sparkle, sets my profit free! Fortuna's Silver mine, a fortune's embrace, its depths once mined, a profit-filled long race. Though now sold, in its depths, still dreams I refine. Fortuna's Silver mine, a treasure divine. Cheers to Fortuna, for the profit it brought, In its Silver embrace, my gains were sought. Grateful for the journey, the treasure it bore, to Fortuna's silver mine, I raise an encore! @TigerGPT what's the for