Craig Hemke – Gold All-Time High Monthly and Quarterly Closes, Gold Market Analysis
Craig Hemke, Editor of TF Metals Report joins us to focus on record-high prices for gold and significant gains in silver. Craig elaborates on the impact of these trends on precious metal stocks and addresses the role of high-frequency trading algorithms. We also explore the underperformance of mining shares despite strong metal prices and consider the potential for future demand driven by institutional investors and economic data.
European auto stocks lost 4% today or $10 billion (Stellantis, Volkswagen, and Aston), due to slowing demand and Chinese competition. That would have crashed the stock market in 1929 but today Nvidia can lose that in a heartbeat. European industry (Germany) is under siege from high energy prices due to the destruction of Nord stream 1&2. Germany has lost 69% of their industrial production so in Europe that maybe more than a mouse trap. DT
Prices of all the models have exceeded the working man’s pocket book….
the only ones buying are the retarded ones who have not figured out
they are buying a depreciating piece of (in most cases) crap….
or are trying to impress the next door neighbor, … who hates them anyway… 🙂
All the machines look like Sonic the Hedge Hog….. 🙂
Hi Jerry, that is funny, when I see European cars on tv they remind me of “Dinky Toys”, or a John Deere lawnmower! I haven’t owned a car for 15 years, if I need something I walk there, or take transit, or rent a car. You can rent a lot of cars just for the price of maintenance these days. Unless you have a pre 1973 automobile you won’t be able to use it if somebody drops an EMP bomb. LOL! DT
Good for you DT, not owning a car all those years
I don’t know… I think he needs to do his part and get his carbon footprint up. The two vehicles I drive most are both lucky to get 10 or 11 MPG in the city so I’m doing my part.
Hello DT…….
thanks for the comment….. I would have to agree with you on the pre 73 models…. 🙂
Markets tend to crash in the fall tomorrow is the start of crash month! WHOOOOOOOHAAAAAAAAAAAA! DT
The algorithms look at the price of precious metals before the market opens and if the physical prices are down, they sell, and the opposite of course is true. Right now, the blob is in control. The real horror is the destruction of the individual, the dissipation of the emotions that distinguish men from machines. You have to wonder as time goes on it will it be more of a challenge to live like being in the path of Hurricane Helene and having your world destroyed. DT