Cameron Lee

#Gold and #Silver forecaster, #Copper and #Uranium, #metals, #stocks

[Lisa Abramowicz @lisaabramowicz1]

BlackRock has expanded its assets under management by nearly $5 trillion over the next two years, to $15.3 trillion.

[Holger Zschaepitz @Schuldensuehner]

BlackRock is eating the world. The asset manager just crossed $15tn in AUM for the first time, powered by $192bn in Q2 inflows and a record $321bn in H1. ETFs alone pulled in $178bn, revenue jumped 31%, EPS beat. Scale is becoming the ultimate moat.

[Gold Predictors @GoldPredictors]

#Gold continues to trade below descending trendline resistance while repeated rebounds from the $3,980 support zone keep this level in focus.

[Barchart @Barchart]

Japanese Retail Traders have now built the largest U.S. Dollar short position since the Global Financial Crisis 🤯 👀

[zerohedge @zerohedge]

Meanwhile, not only are cheap Chinese LLMs flooding the world, much more importantly China has all the energy - current and pipeline - it needs to power them

[Otavio (Tavi) Costa @TaviCosta]

Copper refuses to confirm gold’s recent weakness.

That resilience speaks volumes.

I suspect gold is about to remind investors why this remains a well-established secular bull market.

https://t.co/CLuc6PkMLp

[zerohedge @zerohedge]

Hyperscaler bond basket: another day, another record wide

[Gold Predictors @GoldPredictors]

#Oil prices remain elevated as Strait of Hormuz tensions and low U.S. inventories raise supply concerns, keeping attention on key resistance levels for the next move.

@FXEmpirecom
https://t.co/znCKiYGBHk

[zerohedge @zerohedge]

Morgan Stanley also expects 80GW in new compute coming online from now until 2028. That translates to $4-$8TN in capex spending in just 3 years, all of which has to be funded with debt and equity (no more positive FCF).

[The Kobeissi Letter @KobeissiLetter]

Global investors are selling South Korean stocks at a record pace:

Foreign investors sold -$110 billion in South Korean equities year-to-date, the largest sale at this point in the year on record.

Outflows have more than doubled since the start of May.

By comparison, the previous full-year record over the last 7 years was -$22 billion in 2021.

In June alone, foreign investors sold -$31 billion in Korean equities, the largest monthly outflow in history.

Meanwhile, domestic retail and institutional investors have purchased +$60 billion and +$15 billion of South Korean stocks since the start of May, respectively.

The foreign investor exodus from South Korea is accelerating.

[Barchart @Barchart]

U.S. M2 Money Supply hits new all-time high of $23.05 Trillion 🤑 🥳 📈

[Gold Predictors @GoldPredictors]

#Silver continues to respect the lower boundary of a symmetrical triangle.

Holding this trendline could maintain the broader structure, while a sustained break below would weaken the technical outlook.

[zerohedge @zerohedge]

3M annualized CPI drops from 8.2% to 2.8%.

[Gold Predictors @GoldPredictors]

#Gold has rebounded after forming another rounded bottom.

A sustained move above the descending trendline would improve the short-term technical outlook.

[Barchart @Barchart]

BREAKING 🚨: Silver

Silver has now plunged more than 52% since hitting an all-time high in January 📉 📉

[Graddhy - Commodities TA+Cycles @graddhybpc]

Gold put in a higher high vs SPX, i.e. a confirmed trend change.
The linked post below caught the very lows for this ratio, plus start of gold´s big move.
Probable massive rounded bottom, now walking up the right side.
Sector rotation in the making.

[zerohedge @zerohedge]

Retail Kospi investors bought everything foreign investors had to sell. But the retail party is ending: retail Margin Calls are soaring, hit 5% last Friday and on Monday will be far higher. Finally, retail brokerage deposits plunge by 30trn won to lowest level since feb 20

[Gold Predictors @GoldPredictors]

#Gold is testing the lower boundary of a long-term ascending broadening wedge. Holding this trendline would keep the broader technical structure intact.

[Barchart @Barchart]

Gold destroying the U.S. Stock Market this century 🤯 👀

[Barchart @Barchart]

JUST IN 🚨: U.S. 30-Year Treasury Yield jumps to 5.1%