$Palladium - mining supply ⬇️ on low Russian ore grades, but recycling supply expected to ⬆️ on scrapping of pre-2010 cars. What if clunkers become keepers due to privacy issues of new smart cars?
Gold SWOT: Tether has emerged as a new gold buyer
The best performing precious metal for the week was #palladium, up 3.27%. Palladium-backed ETFs added 4,411 troy ounces in the latest session. That single-day inflow contrasted with #gold, which saw its eighth consecutive day of outflows, with silver's total holdings now at roughly 785.6 million troy ounces worth about $53.37 billion.
According to Scotia, Tether has emerged as a new gold buyer, adding further to official-sector-adjacent demand. Tether purchased six tons of gold in the first quarter of 2026, lower than 27 tons purchased in the fourth quarter of 2025, with gold holdings equivalent to 132 tons. Including Tether’s XAUT gold token (22 tons), Tether’s combined gold holdings are estimated at 154 tons, placing it among the top 20 official holders...
Full commentary by @bulldogholmes at Kitco: https://t.co/hq3uObDetW
@ctindale During WW2 it was rubber - without which warfare was impossible. The Rubber Reserve Company spent over $700m + (billions today) to build a synthetic rubber industry from scratch in just three years. One of the most successful examples of state industrial policy in history.
@GoldnGuitars It was $gold's reaction the top of the Ichimoku Cloud which made me consider June 11 as a YCL. The cloud rises steeply from July. There is also a possibility that it tests the bottom of the cloud first, which would align with $3580+
@SamanthaLaDuc More like: There is nothing to fear but fear itself. In a stagflationary world and given its inability to print molecules or raise real rates due to debt levels, the Fed's best weapon is to appear resolute.