China is paying $7.31 more per ounce of silver today. 🇨🇳
Shanghai: $69.63
Western: $62.32
11.73% premium.
Both markets down roughly 15% to 17% over 6 months.
China still pays more.
Every single day without exception.
#Silver#PreciousMetals#Stackers
Dukuh Ngelorejo, Gari, Wonosari, Gunungkidul, Susanto (44), memanfaatkan ribuan galon air mineral bekas sebagai media tanam padi di pekarangan rumahnya.
#Gold and #Silver are money - everything else is credit.
When you have credit, there is a liability on the other side.
Take UK "Cash" - it still says Pay the Bearer on demand the sum of ... What? Fiat Paper. The Bank of England would never give you a Gold Sovereign at £780.
Historically, this text wasn't just decorative. It dates back to the Bank's founding in 1694, when paper notes were essentially receipts for physical Gold held in the vaults. Up until Britain permanently left the Gold standard in 1931, you could legally walk into the Bank of England, hand over a £5 note, and demand five gold sovereigns in exchange.
@LowerCosta
Sebagai subspesies terakhir di Indonesia, harimau sumatera kian terancam punah oleh deforestasi dan perburuan liar, memicu konflik ruang jelajah yang melekatkan stigma agresif pada satwa nokturnal yang gemar tidur ini.
https://t.co/z0bmRZJSlC
Central Banks Are Dumping Treasuries for #Gold. Should Gold ETF Investors Follow, or Get Played?
With Gold at $4,000/oz, CME open interest has exploded with December call options for strike prices of $10,000, $15,000 and $20,000 – indicating massive bullish sentiment.
'What it does show is that at least some traders are positioning for — or protecting against — very large moves.'
https://t.co/IsfsbkOgN7
Alasdair Macleod: The squeeze is on
'Trading conditions on Comex suggest that gold and silver bears are about to be squeezed - potentially viciously.
The problem for paper traders is that demand for physical silver has to a large extent been satisfied by China, who has until recently been prepared to keep prices low.
That suddenly changed late last year, propelling the price from under $50 to over $120 at one point. Paper traders have now lost China’s suppression, exposing paper contracts in #Silver to a squeeze of historic proportions.'
https://t.co/hMmkaARZQp
The relationship between expanding money supply and precious metals is rooted in basic economic theory. The Quantity Theory of Money dictates that when the supply of fiat currency increases significantly while the supply of goods and hard assets remains relatively fixed, the price of those assets must rise in nominal terms. Gold and silver are the ultimate expressions of this dynamic. Their physical supply grows at a very slow, predictable rate determined by global mining output, making them highly sensitive to fiat currency debasement. Empirical evidence strongly supports this theoretical link. Historical data demonstrates that gold prices have broadly tracked M2 growth since the abandonment of the gold standard in the early 1970s.
No single country controls global resources.
But 1 shows up 4 times at the top.
🥇World's largest reserves, by category:
🇨🇳 China: hydropower potential, solar capacity, wind capacity, rare earths
🇷🇺 Russia: natural gas, diamonds, forest area
🇺🇸 US: gold,coal
🇨🇱 Chile: copper, lithium
🇦🇺 Australia: uranium, iron ore
🇻🇪 Venezuela: oil reserves
🇨🇩 DR Congo: cobalt
🇮🇩 Indonesia: nickel
Resource power isn't concentrated in 1 country.
It's split into pairs, and China is in more pairs than anyone else....
Goldman Sachs alluding to what I have been speaking about the last few weeks. The underlying demand is still in tact = big buyers stepping in.
See various near term bank predictions on Gold as well.
https://t.co/96boMSkHuB
A data center in Georgia consumed nearly 30 million gallons of water before authorities became aware.
The incident took place in Fayetteville Georgia roughly 20 miles south of Atlanta. Residents in the Annelise Park neighborhood first noticed a sudden drop in their water pressure.
County utility workers investigating the issue discovered two large industrial water connections supplying a major data center campus operated by Quality Technology Services or QTS.
One connection had been installed without the utilitys prior approval. The second was not properly associated with the companys billing account. Together these lines delivered more than 29 million gallons of unbilled water.
That volume equals roughly 44 Olympic sized swimming pools.
The county eventually billed QTS approximately 150000 dollars for the usage and the company paid the retroactive charge. QTS attributed the oversight to the period when the county was transitioning to smart metering systems.
The story has gained fresh attention amid ongoing drought conditions across Georgia. Local officials have urged residents to reduce water consumption at the same time.
This contrast has heightened community frustration regarding data centers and their impact on local resources.
The Fayetteville QTS facility ranks among the nations largest data center projects. It spans 615 acres and envisions as many as 16 buildings.
Proponents highlight substantial tax benefits for the area. Opponents however point to the significant demands on water and electricity in regions already facing conservation mandates.
Such conflicts represent one of the central challenges surrounding the rapid expansion of artificial intelligence and data center infrastructure.
These facilities require more than just land and electricity. Many depend on large volumes of water for cooling as well as during construction and ongoing operations.
In this instance the company notes that its finished campus will consume minimal water during routine use thanks to an efficient closed loop cooling design.
Pajak seharusnya menjadi alat pemerataan, bukan membebani rakyat kecil sementara akumulasi kekayaan bernilai triliunan rupiah belum dikenai pajak kekayaan.