Rhodium is now the world’s most expensive mineral (chemical element/metal) beating gold and platinum.
And the twist! South Africa 🇿🇦 produces nearly 80% of it globally.
This rare metal is mainly used in catalytic converters to reduce car emissions, which is why demand keeps rising while supply stays limited. Prices have reached around $ 10,000 per ounce, making it one of the most valuable resources on the planet.
Strong, corrosion-resistant, and highly reflective! Rhodium is not just rare, it’s essential for cleaner technology.
‼️ SILVER BUMPED FROM ITS LONG-TIME #1 POSITION AS THE MOST CONCENTRATED COMMODITY!
Silver has been bumped out of its No. 1 spot on the above Days-to-Cover chart -- and platinum has taken its place...but only by 1 day.
This turn of events has come about because of the aggressive short covering by the Big 8 commercial traders in silver over the last nine or so months - Ed Steer
Another Indian oil‑laden vessel has crossed the Strait of Hormuz after paying for the oil in Chinese yuan to the producing country, and the IRGC allowed it safe passage.
This is one of the most compelling setups for agricultural commodities I have seen.
Broad commodities appear to be leading the move, while agricultural commodities remain just below a major historical resistance level.
A breakout could be the next step.
Here is where I elaborate further on this topic:
https://t.co/d5n9i5VcvQ
Dit voelt als een kantelpunt.
Het Midden-Oosten staat in brand. De olieprijs schiet omhoog. Beurzen staan onder druk. Overheden waarschuwen voor onzekerheid en op de private credit markt lijken de eerste barsten zichtbaar te worden.
Tegelijk lopen de wereldwijde ontslagrondes op tot een tempo dat we sinds 2008 nauwelijks hebben gezien.
Beleggen in oorlogstijd: wat doe je dan? Welke markten lopen nu het grootste risico? En belangrijker nog: waar gaat dit naartoe?
Dat bespreek ik vandaag in een nieuwe aflevering van Madelon Praat via de link hieronder in de reacties ↓
Breaking: Chinese major banks are planning to restrict the purchase of the Accumulated Gold and tighten the delivery of physical gold.(Chinese Securities)
Some HIGH dividend paying oil plays like Petroleo Brasileiro have been in BULL markets for MANY years now.
It also JUST broke out of IMPORTANT consolidation patterns 2 months ago, before any WAR.
This looks more like the CONTINUATION, than the END of the trend.
Dutch followers, friends & family ���🇱
You may want to look at locking in multi-year energy contracts this week..
$TTF is pressing the top of a multi-year structure again, and if this breaks, look out above. The Netherlands is highly exposed via European gas pricing.
$TTF $NG
Breakout here = no bueno for #energy bills.
Age of countries by ancient origins:
🇮🇷 Iran: 5,226 years
🇪🇬 Egypt: 5,126 years
🇻🇳 Vietnam: 4,905 years
🇦🇲 Armenia: 4,518 years
🇰🇵 North Korea: 4,359 years
🇨🇳 China: 4,096 years
🇮🇳 India: 4,026 years
🇬🇪 Georgia: 3,326 years
🇪🇹 Ethiopia: 3,006 years
🇬🇷 Greece: 2,826 years
🇷🇺 Russia: 2,726 years
🇦🇫 Afghanistan: 2,704 years
🇯🇵 Japan: 2,686 years
🇲🇳 Mongolia: 2,235 years
🇹🇭 Thailand: 1,426 years
So, the land of the Free is now specialised in hijacking and killing of foreign leaders?!
Let continue teaching China, Russia and RoW about human rights and democracy ..