Three men on trial over stolen GOLD toilet

ByVictoria

The one-of-a-kind 18-carat gold toilet was swiped in under five minutes from Blenheim Palace, the sprawling English country mansion where British wartime leader Winston Churchill was born, in the predawn hours of September 14, 2019, a prosecutor told jurors Monday.

The toilet has never been recovered but is believed to have been cut up and sold.

All the defendants have pleaded not guilty.

Source – CNN

I thought this was interesting and thought I’d share. I’m not entirely surprised that something was stolen I am surprised that the burglars got away with the darn thing! I feel like this is actually kinda funny but hopefully justice will be served. – V.

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Copper futures up, copper market awaits investigation

ByVictoria
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Copper, yet to be included in Donald Trump’s widening list of tariff-hit products, continues to rally on the assumption that it is just a matter of time, Saxo Bank said in a note, as it sees a sooner-than-expected tightening of the global market.

Copper futures (HG1:COM) are up 2.8% so far this week, and 6.3% for the month. 

The copper market is still awaiting the result of an investigation carried out under Section 232 of the Trade Expansion Act.

“As such an investigation normally takes months to be completed, it has left the door wide open for a massive profitable arbitrage between international prices and those in the U.S. being reflected through the High Grade futures contract in New York.”

Source – Seeking Alpha

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Fed’s Hawkish Stance Pressures Gold Prices

ByVictoria
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Gold prices dipped on Monday as thin holiday trading kept momentum in check. After last week’s sharp decline, gold is attempting to recover but faces resistance between $2607.25 and $2607.35. A breakout above $2629.13 is possible, but traders will need stronger volumes to drive further gains—something unlikely until after the New Year.

Treasury yields edged slightly higher to start the week, with the 10-year yield rising to 4.536% and the 2-year yield ticking up to 4.325%. Yields jumped last week following the Fed’s policy update but eased on Friday after softer-than-expected inflation data. The dollar held steady as markets processed the Fed’s outlook for 2025.

Source – James Hyerczyk / FXEMPIRE

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Gold prices rise higher, tariff concerns

ByVictoria
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Gold prices ticked higher on Tuesday as focus turned to U.S. jobs and inflation data, that could influence the Federal Reserve’s policy decision in the face of rising economic growth concerns. 

Spot gold (XAUUSD:CUR) +0.93% to $2,911.21 an ounce after hitting its lowest since March 3 in the previous session.

Meanwhile, worries over Trump’s tariff policies have also pushed safe-haven gold to a record high of $2,956.15 on February 24, as the metal is seen as a hedge against political risks and inflation.

Source – Seeking Alpha

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Robert Kiyosaki says silver will reach $70

ByVictoria
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Robert Kiyosaki urges investors to ditch “fake money” and start saving silver, gold, and Bitcoin — calling silver the top asset for the next two months and predicting it could hit $200.

“Silver for the next two months is the best of the three, gold, silver, and Bitcoin,” he said. “Today silver is about $35 an ounce. I believe silver may soon be $70 an ounce this year and $200 in a year or two.”

“The best news is, almost everyone in the world can afford at least 1 silver coin today….but not tomorrow,”

Source – The Street

Robert Kiyosaki – is an American Businessman and author most notably for his “Rich Dad Poor Dad” series of personal finance books.

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Vizsla Silver Corp stock to “Outperform”

ByVictoria
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BMO Capital Markets has recently initiated Vizsla Silver Corp (VZLA) stock to Outperform rating, as announced on January 24, 2025, according to Finviz.

Over the last six months, the stock has risen by 15.79%, and it has gained 6.28% in the previous three months. Currently, VZLA is trading at 9.64%, 16.82%, and 18.91% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.

Source – BOV News

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Perth Mint’s gold and silver rise

ByVictoria
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Sales of gold coins and minted bars rose to 25,103 ounces in February, up 35% from January. On a year-on-year basis, they were down 47%.

Silver product sales increased to 482,451 ounces in February.

“It is heartening to see the increase in sales on January levels given precious metals prices remain at record highs,” said Neil Vance, Perth Mint’s general manager of minted products.

Source – Reuters