Bilal M.’s Post

Precious Metal will always as Precious, Gold Silver digger exploration be prepare for big project in the future

Suppression of silver prices can distort market perceptions, affecting investment decisions and potentially undermining the integrity of the precious metals market. It may also impact the profitability of mining companies and investors' portfolios. Gold price manipulation can occur through various means, including the trading of gold futures contracts without backing by physical gold, creating an appearance of larger gold inventories. This can suppress gold prices. Additionally, legal cases have shown instances of manipulation by financial institutions. Silver price manipulation involves major banks' trading desks treating silver as just another number, often ignoring its fundamental value. This manipulation is driven by its dual role as an industrial metal and an investment commodity. Bitcoin manipulation is a significant concern within the cryptocurrency market. It can involve various tactics like wash trading, spoofing, and pump-and-dump schemes, which mislead investors and distort market prices. The decentralized nature of the crypto market makes it more susceptible to such manipulations, highlighting the importance of investor vigilance and research. #commodities #hedgefund #macroeconomics #BTC #cryptocurrency #inflation #currency #devaluation #exposure #assets #PE

Yes 👍 gold should be part of any sensible portfolio of investments

From a technical perspective, gold made 9-year cup with a 3-year handle. A long base like this is enough for a 10-year rally. This could take the price of gold to very high levels by the end. Fundamentally, declining supply will be meeting rising demand and the declining value of the US dollar.

Mining stocks ready for HUUUUUUUUUUUUUUUUUGE upside performance

"Purchases of gold bars and coins, which largely reflect investment and hedging demand, surged by 26.8% year on year to 106.3 tonnes, while gold jewellery sales declined by 3% from a year earlier to 183.9 tonnes. “Gold represents the only safe asset for [Chinese consumers] to protect their wealth against domestic inflation, asset price declines as well as against geopolitical risks,” said Chen Zhiwu, the chair professor of finance at the University of Hong Kong. “I expect Chinese household demand for gold to rise more in the future. And the Chinese central bank will also continue to purchase more gold to prepare for more geopolitical turmoil ahead.” China’s central bank bought 160,000 ounces of gold bullion in March, marking its 17th consecutive monthly purchase and bringing its total reserves to 2,262 tonnes (72.74 million ounces), as it aims to diversify holdings away from US bonds amid strained bilateral relations. ... China eclipsed India as the largest purchaser of gold jewellery in 2023, with consumption totaling 630 tonnes last year, representing an annual increase of 10%. “The China story is one of the reasons supporting gold prices, but the global risk-off sentiment is also fuelling the demand,” said Gary Ng, senior economist at Natixis Corporate and Investment Bank, who expected China’s demand for gold to remain resilient in 2024. “Beyond China, whether the US can take inflation is another determinant for future gold prices, which is probably the biggest uncertainty.” However, as TD Securities' Daniel Ghali points out another potential source of gold strength. With little trace in exchange data, buying activity must be OTC. However, price action in basis, forwards, and BoE gold suggest the buying program is price insensitive, has a sense of urgency, and deep pockets. This mysterious bid may point to curiously aggressive OTC buying activity, which appears to be highly correlated with acute currency depreciation pressures."

The Junior mining sector looks ready to break out to the channel's upper end of the channel... GDXJ was a chart I am looking at and an easy way to play the sector, but picking individual companies will give you a much better upside.

Gold Market Update: Impact of Today’s NFP Report As today’s NFP report is released, our team is keeping a close eye on gold’s trajectory. Historically, weaker-than-expected job numbers can drive demand for safe-haven assets like gold, especially as the market anticipates potential Federal Reserve rate cuts later this month. With the Fed's next meeting on September 17-18, we may see a 25-50 basis point cut in rates, depending on the strength of the labor market. These decisions could be a major catalyst for gold prices, potentially pushing them beyond key resistance levels. We're eager to see how today’s economic data and upcoming Fed speeches shape the markets. What are your thoughts on how this will play out? #MarketUpdate #Gold #NFP #FedMeeting #FinancialNews #RPGM

✅ Goliath Resources Limited - Getting some Attention! ♻ #Gold 🔱 #canada #mining #canadian #miners #commodities #AU #silver #business #exploration #venture #tsxv #tsx #nyse #nasdaq #cboe #preciousmetals #extraction #bullion #markets #market #stockmarket #stocks #shares #own #shareholders #shareholdings #price #priceperounce #ounce #rates #interest #banks #deposits #minerals #metals #mineralexploration #commodity #businesses #smallbusiness #smallbusinesses #smallbusinessowners #producers #juniors #developers Global Mineral Holdings Inc. #gmhinc (Source courtesy of Thomas Parilla, President at "Parilla Investment Group")

Interesting Facts About Gold. Fact # 1: Did you know that gold has been mined for thousands of years? It's one of the oldest and most sought-after metals in human history, with evidence of gold mining dating back to ancient civilizations like the Egyptians and Romans.  Fact # 2: Gold is mined on every continent except Antarctica. The largest producers of gold today are China, Australia, Russia, and the United States, with Ghana and South Africa historically being major players in gold production. #gold#mining#miningfacts