BREAKING: Silver extends gains to +8% and rises back above $114/oz.
Gold futures are now trading above a record $5,250/oz.
Yesterday’s decline has now been entirely undone.
BREAKING: The Shanghai silver price premium over Western prices is up to a record $11/oz.
The gap has QUADRUPLED over the last few weeks.
By comparison, the previous record was ~$7/oz in 2011.
This comes as Shanghai silver prices jumped to a record $105/oz, while Western silver prices are at a record $94/oz.
Such extreme premiums indicate severe physical silver shortages in China and massive domestic demand that cannot be met.
Furthermore, export restrictions from China, where silver is widely used in electric vehicles and solar panels, have squeezed the global market.
Physical silver demand is out of control.
@jeremystandifor@ZynxBTC@ChrisMMillas@_DannyKnowles That was also my take on it - buying Bitcoin is for all regardless of how big or small, profitable or unprofitable and that buying Bitcoin makes you better regardless of what point you are at today.
Great news!
Giant pandas are no longer classified as 'endangered'.
After 30 years of slow but steady progress, the IUCN downgraded them to 'vulnerable' on the global list of species at risk of extinction after their population increased by 17% in a decade.
This shows that conservation efforts are working and provides hope for the world's other threatened wildlife.
This is absolutely insane:
Venezuela's stock market is now up +73% since President Maduro was captured.
Since December 23rd, as President Trump ramped up pressure on Maduro's government, Venezuela's stock market is up +148%.
Venezuela's stock market is skyrocketing.