SOUTH KOREA STOCKS PLUNGE 8% π¨
The KOSPI is getting crushed as the global technology rout accelerates, triggering heavy losses across Asiaβs markets. π³
π¨TRUMP ON THE FED: βWE SHOULD HAVE THE WORLDβS LOWEST INTEREST RATEβ
Trump is turning up the pressure for aggressive rate cuts as the U.S. faces trillions in debt refinancing.
Lower rates, a weaker dollar, and more liquidity would be rocket fuel for gold and silver. π
THE U.S. DEBT WALL IS HERE π¨
32% of all U.S. government debt must be rolled over in the next 12 months.
That is more than $15 TRILLION requiring new buyers at todayβs elevated rates.
The pressure on the Treasury market is only beginning.
π₯QE IS BACK. π₯
The Fed has added over $300 billion in Treasuries during the past year as foreign demand for US sovereign debt continues to fade.
The money printer is warming up again.
When the cracks become impossible to ignore, QE will return with a vengeance.
OIL PLUNGES TO $83.89 π
WTI crashes more than 7% as the U.S. and Iran pause strikes.
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SILVER JUST RIPPED TO $59.98π
Up 1.82% right out of the gates as buyers take control early.
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CHINA METALS ARE EXPLODING π¨π³
Shanghai silver closed at $66.76, up 3.79%, while gold surged to $4,131, up 2.27%.
Meanwhile, SGE silver vaults lost another 122,520 kg last week.
Physical demand is sending a very loud message.