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1239 days ago

Whole Foods partnering up with Progressive to offer Turkey insurance

In exchange for a little extra sum, you'll received a $35 coupon to buy yourself a new turkey in case you burned yours. The only thing you'll have to do is provide a photo proof of the massacre: basically doubling up the shame you already suffered at home. 

#Commodities
turkey whole foods insurance

1239 days ago

Deutsche Bank turns bearish on Gold. In the next 12 months, they see greater risks that gold touches $1,600/oz rather than $2,100/oz

DB turns strategically bearish on #Gold as a 2021 growth recovery comes into sharper focus. ETF flows have faded on risk to turn negative. The steepening yield curve is bearish for Gold. They highlight that last peak phase lasted much longer than the current one (see chart below) - source: DB, Holger Z 

#Commodities
Gold chart in real and nominal terms

1240 days ago

Gold at critical juncture
The 1860/1850 looks like the "make or break" area for Gold - source: The Market Ear, Refinitiv
#Commodities
Gold Technicals

1243 days ago

The Gold-to-Oil ratio. An historical perspective

Source: The Visual Capitalist 

#Commodities
The Gold-to-Oil ratio.

1243 days ago

Gold to Silver ratio is breaking down again

This is bullish Silver but also bullish for the broad precious metals spectrum - source: Crescat Capital. 

#Commodities
Gold to Silver ratio breaking down
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