Craig Hemke – Silver Breaks Out, Gold and Copper Keep Rallying, And Precious Metals Stocks Surge
Craig Hemke, Editor of TF Metals Report, joins us to review the breakout in silver, while both gold and copper continue rallying, and the further surge in precious metals stocks. The metals even larger commodities sector is in a bullish posture with many component sectors and ETFs making new 52 week highs and some charts even making new all-time highs. This has all happened in the backdrop of a strong US equities markets, and where the Fed hasn’t even begun to cut rates yet. If the equities were to slow down their pace, and some funds rotated over the resource stocks for more momentum, then we could really see some more sustained moves higher when the Fed starts actually cutting rates. The last few months have been quite constructive in this sector, and it looks like this move could have some legs to keep running.
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Finally………. $30 to 32……
Platinum Chart: Did you see this Alice…….. To The Moon LOL! DT
https://galacticupdates.com/wp-content/uploads/2024/05/2024may21plat.png
How about the OTC walk back this morning. Who makes money on yesterday’s green and todays red? I was hoping that the Cad stocks would catchup …. but….
still a ways until close.
Bob M makes a scary prediction for the very, very near future he is talking about a few weeks. You can pick this up at 21:40 right near the end of this interview. DT
https://goldseek.com/article/goldseek-radio-nugget-bob-moriarty-ive-never-seen-silver-move-fast
Bob M loves Putin, calls him reasonable man. I like Bobs prediction about bitcoin; cost like broken fax machine .
Bob M calls Bitcon electronic beanie babies! LOL! DT
The following are the main provisions of a revised Constitution under a Fascist State. Those favorable to the people are highlighted for emphasis:
After a great bull run, NatGas has likely turned South. If so, per Gartley, the most profitable risk/reward trade (first ‘C’ off the bottom) is ahead. I call it the Golden C and will document its unfolding. Stay tuned. BDC
P.S. This will be updated today: https://tinyurl.com/mr3fzhn6 (note Saturation).