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
“I do think that we have really good chances now to progress that project. We have made a lot of progress,” Rio (RIO) CEO Jakob Stausholm told FT in an interview.
Source – Financial Times / Seeking Alpha
“We’re going to need to see continued progress on inflation in order to bring back those interest rate cut expectations,” said Phillip Streible, chief market strategist at Blue Line Futures.
“People are a little bit nervous, and they want to be cautious going into CPI tomorrow,” he added.
Source – Reuters
Quarter dollars in the set are produced at the San Francisco Mint and will feature reverse designs recognizing, in order of release, Ida B. Wells, a founder of the National Association for the Advancement of Colored People; Juliette Gordon Low, founder of the Girl Scouts of the United States of America; Dr. Vera Rubin, trailblazing astronomer; Stacey Park Milbern, disabilities rights advocate; and Althea Gibson, accomplished amateur tennis player and professional golfer.
The clad composition comprises outer layers of an alloy of 75% copper and 25% nickel bonded to a core of pure copper.
Source – Coin World
Total assets under management (AUMs) in gold-based exchange-traded funds (ETFs) hit record highs of $271 billion in 2024, according to the World Gold Council (WGC).
This represented a 26% year-on-year increase and was driven by a soaring bullion price.
The yellow metal hit new all-time highs on 40 occasions last year, the WGC noted. Over the whole year, gold appreciated 26% in value to around $2,629 per ounce.
Source – Forbes
The Canadian mining company on Wednesday set a 2025 production target of between 520,000 and 580,000 metric tons of copper at its Kamoa-Kakula operation.
Ivanhoe expects to produce between 180,000 and 240,000 tons of zinc at its Kipushi zinc-copper-germanium-silver mine.
Ivanhoe said that during the last day of the year, a record 750 tons of zinc were produced over a 24-hour period, exceeding the operation’s nameplate capacity.
Source – Market Watch
“GIANT MARKET CRASH here. Q: How can I be so bullish on gold, silver, and Bitcoin? A: Because the idiots running the Fed, Treasury, Banks, and Wall Street only know how to print money, which makes things worse. FYI: When fake money is printed the rich, who own real assets get richer…. while the poor and middle class, who save fake money, get poorer due to inflation and taxes. Let inflation make you richer, not poorer. Save gold, silver, and Bitcoin. Take care. Crash is here,” Kiyosaki wrote
Source – Benzinga
Robert Kiyosaki is an American businessman and author of ‘Rich Dad, Poor Dad’ and other personal finance books.