Focusing on silver investments/collecting
“I HATE to say this…. But the banking crash Jim Rickards, Jim Rogers, Ray Dallio and I have been warning you about has started. Even if you have very little money you may still be able to profit from this crash. All you need is a few extra dollars…. Because you can still afford to buy a few real silver coins… before silver double[s] and triple[s],” Kiyosaki wrote.
Source – Nicholas Morine / GOBankingRates
The silver market continues to see a lot of noise at the moment, but at this point, we are watching the trendline for some kind of decision to be made for the longer-term. Silver is something that you should always be careful for, but this time of year makes it even worse when it comes to position sizing.
Source – Christopher Lewis / FXEMPIRE
“Gold fell sharply post-Federal Open Market Committee (FOMC) meeting as the Fed’s indication of a slower pace of interest rate cuts than previously estimated for the next year,” Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said.
Silver quoted 2.47 per cent lower at USD 29.98 per ounce in the international markets.
“Investors are anticipating US weekly unemployment claims data to be released later on Thursday to assess the strength of the labour market, while focusing on the Personal Consumption Expenditures (PCE) price index data on Friday,” Abans Holdings’ Chief Executive Officer Chintan Mehta said.”
“We expect gold prices to rise further, but any delay in additional interest rate cuts could lead to short-term declines, creating opportunities for accumulation, Mehta said.”
Source – Press Trust of India
