The economy

[coldbud1994]

Anyone complaining about their 401k today?

Because its almost back to where it was before the war? JFC

 

[fatpiggy]

Because its almost back to where it was before the war? JFC

I surged past all time highs yesterday as did the stock market. It never goes up in a straight line, but you know that.

 

[fatpiggy]

 

[fatpiggy]

All that money has to go somewhere.

 

[fatpiggy]

 

[Dadar]

Copper up over 1.3%
Gold and Silver over 4%
GDX and GDXJ both almost 7%
SLVR almost 7%

Miner and Jr miner stocks are having a big day
WPM
AEM, FNV, PAAS, SLVR, COPX

 

[DFSNOLE_rivals]

This could also go into the dumBest president thread. Completely unaware.

 

[Dadar]

This could also go into the dumBest president thread. Completely unaware.

He is the perfect example of living in a vacuum in someone's head

 

[Dadar]

I have to believe there will be a big blow up in money supply, fed balance sheet reduction and liquidity increase when the treasury 3T annual debt refunding and
the incoming 1T ai debt hits the tubes.

 

[Dadar]

The Shanghai Gold Exchange (SGE) is the largest purely physical spot gold and silver exchange in the world.
While the broader global wholesale spot market primarily operates over-the-counter (OTC) through the London Bullion Market Association (LBMA), the SGE stands as the largest dedicated, formalized exchange platform for physical spot precious metals trading.

Article from June 26th

"Gold fell roughly 5% this week to $4,044 per ounce — its sharpest weekly loss of 2026. Central bank gold buying in 2026 tells the opposite story. The World Gold Council’s annual Central Bank Gold Reserves Survey, published June 16, 2026 and covering 76 institutions, found that 89% of reserve managers expect global gold holdings to increase over the next 12 months. A record 45% plan to add to their own reserves. That is the most bullish result in the nine-year history of the report.

Two numbers. One week. They point in opposite directions. Understanding why tells you more about gold’s long-term trajectory than any single price chart."

Gold's Worst Week of 2026. Central Banks Just Filed a Record Buy Signal.

Gold's Worst Week of 2026. Central Banks Just Filed a Record Buy Signal. - News

goldsilver.com

 

[Dadar]

• Discrepancy in Volumes: While China officially reported buying only 10 tonnes of gold in specific months (such as May), Goldman Sachs models estimated actual acquisitions closer to 48 tonnes.
• Off-Balance-Sheet Accumulation: Analysts note that China keeps thousands of tonnes 'off the books' in separate entities like the State Administration for Foreign Exchange (SAFE), only drip-feeding small amounts into official PBOC figures over time.
• Motivations for De-Dollarization: This aggressive, covert stockpiling is tied to a multi-year structural strategy by Beijing to diversify reserves away from U.S. dollar assets and insulate against potential Western financial sanction

 

[Dadar]

Comex has to manipulate price if buyers of futures contracts hold for delivery due to large discrepancy between comex inventory and paper contracts

 

[baltimorened]

He is the perfect example of living in a vacuum in someone's head

well, he doesn't go to grocery stores or pay the monthly bills...he lives in a controlled bubble and obviously no one on his staff wants to tell him the truth

 

[Dadar]

China is pushing to detangle from USD reserve currency dominance

 

[baltimorened]

China is pushing to detangle from USD reserve currency dominance

haven't they been pushing that for years...