1161 days ago
As an illustration of how distorted the stock market has become, here is the share price of a small Australian mining company called GME Resources. The miner has the same ticker symbol as GameStop, and the retail crowd mistakenly rewarded it with a 20% up day.
1162 days ago
One WallStreetBets user (jjalj30) posted the following last night:
Silver Bullion Market is one of the most manipulated on earth.
Any short squeeze in silver paper shorts would be EPIC. We know billion banks are manipulating gold and silver to cover real inflation. Both the industrial case and monetary case, debt printing has never been more favorable for the No. 1 inflation hedge Silver. Inflation adjusted Silver should be at 1000$ instead of 25$. Link to post removed by mods.
Why not squeeze $SLV to real physical price.
Reported by Zerohedge
1162 days ago
Demand for gold and jewelry went down in 2020 as did spending. Demand from Chinese and Indian markets (biggest buyers) was particularly slow in 2020. ETFs of gold saw a surge in demand, but overall prices have declined this year in part because of improving economic prospects and low treasury yields. Could gold come back as economies prosper ? Source: Bloomberg
1164 days ago
Only a couple hours ago, the BYND stock soared by almost 20%, from $160 to $190. The company has announced a joint venture with PepsiCo called the "PLANeT Partnership", which will "develop, produce and market innovative snack and beverage products made from plant-based protein." One good news is that human in the future might not be forced to eat insects, despite the World Economic Forum's greatest predictions.
1164 days ago
The prices of key base metals have continued to rise amid a growing demand and supply concerns. The numbers below are calculated from a consensus of the top 20 forecasters, and express the price in $US per ton.
