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   Gold/Mining/EnergyGold Price Monitor


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To: Rarebird who wrote (115249)11/23/2021 1:11:30 PM
From: Cogito Ergo Sum
   of 116299
 
There is always another bus :)

No I am content.. as posted I started at 1.20 range .. :) so a very nice trade with a cushion .. just be careful not to lose the cushion :)_

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From: Rarebird1/6/2022 8:46:40 AM
2 Recommendations   of 116299
 
I'm shocked Gold has been moving sideways in this higher rate environment. Ultimately, higher rates are poison for Gold and the Miners.

Long way down is coming.

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To: Rarebird who wrote (115251)1/6/2022 1:09:47 PM
From: Horgad
   of 116299
 
Most likely you are correct, unless the Feds have finally lost control of inflation and the currency. That being a rare once in maybe 100 or 200 year event, people should not bet on it, but rather should be insured against it. IMHO

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To: Rarebird who wrote (115251)1/6/2022 1:19:57 PM
From: Sun Tzu
   of 116299
 
I wonder if some central banks are adding to their gold reserves.

What do you make of silver? I would have expected that it should be doing much better than it is based on pick up in industrial activity while the mainlining capacity is still not that high.

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To: Horgad who wrote (115252)1/6/2022 1:21:17 PM
From: Rarebird
   of 116299
 
Ultimately, the Fed is going to have to choose between an outright recession and possible Great Depression or inflation. When all is said and done, I think they will back off after the Market falls 15%-20%.

The days of Goldilox are over.

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To: Sun Tzu who wrote (115253)1/6/2022 1:26:54 PM
From: Rarebird
   of 116299
 
It's always hard to figure whether Silver is being viewed by the Market as an industrial metal or a currency. Sure, it is both. But the market usually treats Silver like its big Sister, Gold.

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To: Rarebird who wrote (115254)1/6/2022 1:33:41 PM
From: Sun Tzu
   of 116299
 
I agree. As I said the other day, inflation should peak in Q1 and growth is slowing down. Which should make for a contrary bet on bonds.

But all tech is not the same. As I look at the SPACs, I cannot think of any reason why they could not go below their IPO.

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To: Rarebird who wrote (115255)1/6/2022 1:36:13 PM
From: Sun Tzu
   of 116299
 
Silver usage is normally split 2:1 for industrial+consumer use to investment/precious metal. So I've often thought about it more as a rich man's copper than a poor man's gold. But recently it has been neither :-/(

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To: Sun Tzu who wrote (115257)1/6/2022 2:10:12 PM
From: Sultan
1 Recommendation   of 116299
 
IMHO, Silver demand and price should do better then Gold and Copper should do better then Silver in terms of demand going forward..

As EV production increases, quite dramatically next 2-3 years +, Copper demand is projected to explode and supply is going to be a big question.. There are enough research reports on demand vs. supply, new or lack of big discovery and lead time to develop the mines etc..

But for now, it is all very subdued as if nothing is going to change..

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To: Sultan who wrote (115258)1/6/2022 2:28:30 PM
From: Sun Tzu
   of 116299
 
I've heard that EVs should increase demand for silver, but I've never seen any hard data as to how much silver is used in an EV.

Have you seen any hard data on forward demand for silver? I am looking for something along the lines of each EV uses X amount of silver while each ICE uses Y amount, therefore the net effect will be Z.

===

Edit - there are some numbers floating around for silver use in EVs, but they all come from the silver CEOs. I am looking for something from a metals analyst.

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