Craig Hemke – Silver’s Breakout, Newmont’s Earnings Miss, 2 Weeks Of Important Catalysts
Craig Hemke, Editor of TF Metals Report joins me to discuss silver’s breakout last week, Newmont’s earnings miss, and look ahead to the next two weeks of economic data, politics and key catalysts.
We start by discussing last week’s significant movement in silver prices, including its breakout above $32 and its current trading range. The conversation also delves into the correlation between silver and gold stocks, with a specific focus on Newmont’s recent performance and its impact on the GDX. Craig shares his insights on investor behavior and the influence of Newmont as a bellwether stock. Additionally, we cover upcoming economic data, central bank meetings, and the potential impact on gold and silver prices, along with an analysis of the recent BRICS meetings and their implications for the U.S. dollar and global currency dynamics.
Hope trumpers can read this: https://mishtalk.com/economics/trump-will-raise-taxes-and-increase-the-price-of-goods/
Hope you’ll enjoy being ruled by WEF and Pfizer lackeys because that’s what your warmongering party consists of.
Btw, Mish is a buffoon and blowhard and always has been.
How about Bill Gates’ $50 million dark money contribution to KH? Or the fact that he must stand trial in the Netherlands for misleading plaintiffs about C-19 “vaccine” safety? I bet he wishes he could take another trip to Epstein’s island like he did so many times in the past.
BRICS Summit: Key Takeaways From The Kazan Declaration
By Reuters – October 24, 2024
ON WESTERN SANCTIONS:
“We are deeply concerned about the disruptive effect of unlawful unilateral coercive measures, including illegal sanctions, on the world economy, international trade, and the achievement of the sustainable development goals.”
ON BRICS GRAIN EXCHANGE:
“We welcome the initiative of the Russian side
to establish a grain (commodities) trading platform within BRICS (the BRICS Grain Exchange) and to subsequently develop it including expanding it to other agricultural sectors.”
ON BRICS CROSS-BORDER PAYMENT SYSTEM:
“We recognise the widespread benefits of faster, low cost, more efficient, transparent, safe and inclusive cross-border payment instruments built upon the principle of minimizing trade barriers and non-discriminatory access. We welcome the use of local currencies in financial transactions between BRICS countries and their trading partners.”
https://www.reuters.com/world/factobox-main-points-brics-declaration-2024-10-23/