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πŸͺ™#silver #macro #history
silver mining stocks/gold mining stocks ratio = historical low

#etf #opinion If the price of silver rises above $30 (chart), we could see a substantial increase in the Global X Silver Miners ETF (#SIL), which is focused on silver miners. At its peak in 2011, when silver traded around $50, the #SIL was at $94. With the current price around $34, there is significant potential for bullish movement, provided that silver continues its upward trend.
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βš οΈπŸ‡¨πŸ‡³πŸ‡ΊπŸ‡Έ#bonds #us #china #debt
China is selling off US government debt at a record pace.

meanwhile, the volume of dollar assets in China's reserves has remained unchanged since 2015, amounting to approximately $2T β€” research
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✴️#BTC #mining #costprice
JPMorgan: average cost of mining bitcoin has dropped to around $45,000 as inefficient miners leave the industry.

JPMorgan noted that the average cost of mining Bitcoin has typically served as the "floor" for Bitcoin’s price. Historically, the price of Bitcoin has traded below the cost of mining only for very short periods before going up again.
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#halving historically, after each halving β€” the event when the Bitcoin mining reward is cut in half every four years β€” the cost of mining Bitcoin approximately doubles.
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πŸ‡ͺπŸ‡Ί#stocks #europe #macro
EU stocks are at a record low valuation compared to US stocks.
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πŸ‡ΊπŸ‡ΈπŸ›’#gas #coal #us
Goldman: currently, natural gas in the USA is more competitive than coal = bullish for US natural gas β€” report

πŸ’₯#SJT

*access to reports is available here
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βš οΈπŸ‡ΊπŸ‡Έ#stocks #tech #us #divergence
US market is experiencing a significant divergence between new economy stocks and old economy stocks.

#bubble this has only happened once before, right before the dot-com bubble.
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βš οΈπŸ‡ΊπŸ‡Έ#inflation #us #analogy #macro
the current inflation dynamics in the US closely resemble those of the 1970s.
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US consumer inflation expectations are rising rapidly (chart)

the Fed's greatest fear is the resurgence of inflation, akin to the 1970s (chart)
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πŸ‡ΊπŸ‡Έ#economy #us #recession #macro
US Leading Indicators continue to signal a recession.
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Ned Davis Research says the indicators have stopped working.
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🌎#logistic #container #world #macro
сontainer shipping costs continue to rise

historically, Shanghai's rates have been a leading indicator.

❗️#DAC
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🌎πŸͺ™#metals #silver #macro
BofA: a significant shortage of metals is expected not only in copper but also in aluminum and silver.

#silver is a key ingredient in solar panels, and with robust growth in that industry, usage of the metal is expected to reach a record this year β€” Silver Institute
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πŸŒ•πŸͺ™#gold #silver
Gold-Silver ratio = below historical averages = bullish for silver

yet in relative terms, silver is still cheap. It currently takes about 80 ounces of silver to buy 1 ounce of gold, compared with the 20-year average of 68.
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πŸŒ•#gold #history #monetarypolicy #us
Incrementum has observed a historical correlation between the Fed's rate movements and gold prices. If history repeats itself, the best time for gold in this cycle is still ahead. Historically, gold rises sharply when the Fed ends its rate-hike cycle and continues to rise as rates are cut.
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🌏#em #stocks #fx #correlation
Deutsche: correlation between EM stocks and USD (If USD depreciates, EM stocks rise, and vice versa)

Deutsche expects #USD to remain mostly stable this year but to depreciate next year.
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⚠️#stocks #us #bubble #warning
Stifel: US stock market bubble continues to inflate. It will burst in 2025.
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πŸ‡ΊπŸ‡Έ#stocks #us #short
shorts in US stocks is at historically low levels
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✴️#ETH #crypto #etf
Standard Chartered expects Ether ETF approval this week, reiterates year-end target of $8,000.

QCP Capital: Ether could rise to $5000 if a spot ETH-ETF is approved.

Bernstein: the approval of a spot Ethereum ETF will drive a 75% surge to $6,600

SEC is close to allowing Ether ETFs β€” Barron's
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βš οΈπŸ‡¨πŸ‡³#population #china #macro
WSJ: in China, there is a demographic catastrophe – the fertility rate has fallen to 1.03 children per woman. This is lower than Japan's fertility rate of 1.2 children per woman.
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πŸŒ•#gold #hedge #inflation #history
Goldman: gold does not provide long-term protection against inflation.

historically, gold outperforms inflation only about 50% of the time over a 19-year window.

#stocks US equities are a better long-term inflation hedge than gold.
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πŸ‡ͺπŸ‡Ί#stocks #banks #europe
EU bank stocks remain too cheap despite the increasing profitability of the banking business.
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EU stocks are at a record low valuation compared to US stocks (chart)

❗️#RBI
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2025/10/23 21:12:08
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