Gold steadied after the US and Iran flagged early progress in negotiations to end the war that’s upended global markets and stoked inflation. https://t.co/ytfNjUAVwV
🚨 BLOODBATH in Asian Markets
Over $800 BILLION wiped out from Asian stock markets in just a few hours amid a massive tech stocks sell-off.
South Korea's KOSPI down -8.2%, wiping out over ₩587,000,000,000,000 ($426 BILLION).
Japan's NIKKEI down 2.8%, wiping out approximately ¥32,500,000,000,000 ($217 BILLION).
TAIWAN's stock market down -3.5%, erasing NT$161,000,000,000,000 ($154 BILLION).
GOLD / SILVER RATIO: 59.8:1
If this cycle keeps compressing the ratio, silver could still have a lot more room to run.
At 40:1, silver would be around $114/oz with gold at today’s level.
At 30:1, silver would be around $152/oz.
At 20:1, silver would be around $228/oz.
#silver
Azerbaijan’s State Oil Fund sold about 22 tons of gold in the first quarter of the year, after a record-breaking rally pushed the sovereign wealth fund’s allocation of the metal to its maximum threshold https://t.co/LHjteDWLqU
Gold steadied after a two-day decline as traders weighed Donald Trump’s latest threat to destroy Iranian infrastructure if an agreement isn’t reached before a Tuesday deadline https://t.co/xuabbrrr7R
Let’s think about this for a second:
• Russia:
The world’s second-largest gold producer is restricting the export of refined gold bars over 100 grams.
• China:
The largest gold producer on Earth keeps its domestically mined gold at home.
1971 was when gold stopped leaving the West.
2026 may be remembered as when it stopped leaving the East.
Read this again...
JUST IN: 🇺🇸 Fed Chair Jerome Powell warns US national debt is growing "substantially" faster than the economy and says it's not sustainable.
"It will not end well if we don't do something fairly soon."
Singapore is considering additional gold storage space to accommodate other central banks’ holdings, as part of a broader push to establish the nation as an international bullion hub. https://t.co/0KMLoGoGrF
🔥Gold is making history:
Gold now makes up 24% of global central bank reserves, surpassing US Treasuries at 21% for the first time since the mid 1990s.
This is a complete reversal from Q4 2015, when Treasuries made up 33% of reserves and gold just 9%.
Gold as a % of central bank reserves has NEARLY tripled over the last decade, driven by both aggressive central bank purchases and surging gold prices.
At the same time, central banks have steadily reduced their exposure to US government debt, driven by China.
The shift signals a historic move away from Dollar-denominated assets as the global reserve system evolves.
Gold is no longer an alternative reserve asset; it is now a major reserve asset.
Silver has three centers. London stores bulk metal. COMEX sets the paper price. Asia pulls physical supply.
New York says silver costs $72. London has the bars. Asia is buying and shipping them East.
When vaults empty faster than prices adjust something breaks. We're watching it happen now.
#Silver #COMEX #LondonVaults #AsiaDemand #PhysicalSilver
Chinese rush to buy gold bars as prices tank
- It is getting increasingly difficult to buy physical gold bars from banks
- Only 50g and 100g gold bars left
- Some banks are completely out of stock
Chinese seem to realize that this war is anything but bearish for gold and that any dip is a buying opportunity.