FormulaStocks retweeted
BREAKING NEWS
MEMBERS OF THE EUROPEAN PARLIAMENT HAS VOTED TO CREATE AN AGENCY WITH THE POWER TO TAKE STAKES IN RAW MATERIALS COMPANIES WHEN NEEDED “TO SAFEGUARD THE UNION’S SECURITY OF SUPPLY”
Another one…
FormulaStocks retweeted
#Silver Update. Today is bottom of the year,quarter,month,week and this cycle.These Levels shall become history.
Yes wait was painful and long.
Target $96 by March 2027.
Weekly close above $57.
FormulaStocks retweeted
Shenzhen gold hub sees crowds as spot prices slip below $4,000/oz
Gold prices fell over the weekend, and the Shuibei market — a gold jewelry manufacturing and trading hub in the southern metropolis of Shenzhen, South China's Guangdong Province — saw a surge of visitors. Photos posted by netizens on Chinese social media platforms showed some aisles so crowded that people could barely move.
Netizens flooded the platforms with posts like "There are more people here buying gold than you'd find at a vegetable market," while "booming" and "packed with people" became buzzwords. (Global Times)
FormulaStocks retweeted
FormulaStocks retweeted
It's subtle, but it's there.
#silver has a positive divergence developing on the RSI. The price is setting a marginally lower low, while the RSI is not. This doesn't mean it can't fall any further, but it does mean that the sellers are becoming exhausted. Unless something fundamental changes, the price is about to bottom.
FormulaStocks retweeted
🔥Silver Flows Back Into India as Import Curbs Ease Before Diwali
🚨INDIA EASES IMPORT RESTRICTIONS ON SILVER AS GLOBAL SILVER SUPPLIES TIGHTEN
"India’s silver imports are set to rebound in time for the busiest jewelry-buying season after the government issued a raft of new permits, easing restrictions that had stifled shipments to one of the world’s biggest markets.
Traders and bank dealers this week received quotas covering as much as 6,000 tons of silver, according to four people familiar with the matter. The permits are valid for six months, said the people, who asked not to be named because they’re not allowed to speak publicly."
bloomberg.com/news/articles/…
FormulaStocks retweeted
That's 20% of annual supply gobbled up in 6 months, and silver prices are down 56%. 😂
🚨BREAKING HUGE: INDIA AUTHORIZES IMPORTS OF UP TO 209 MILLION OUNCES OF SILVER OVER THE NEXT 6 MONTHS⚠️ 👀
🇮🇳While silver prices endure a BRUTAL BEATDOWN, Indian authorities just quietly authorized imports of 6,500 metric tons of silver over the next 6 months- a full 1/4 of GLOBAL silver production‼️
🏦The bullion banks just collectively shuddered...
FormulaStocks retweeted
🔥1-MONTH SILVER LEASE RATE JUMPS TO THE HIGHEST IN OVER 2 MONTHS‼️
The PHYSICAL market for silver is rapidly tightening, even as paper silver is dumped by the algos & banksters…
Chart courtesy @KarelMercx
FormulaStocks retweeted
🇨🇳 Shanghai silver premiums closed the week on a strong note, holding firm near 13%
🔹 5D Moving Average: +12.78%
🔹 30D Range: +12.27% to +13.10%
🔹 Spread: +$6.98/oz
FormulaStocks retweeted
This afternoon Beijing time, China's markets surged strongly, and gold miners rose. It is rumored that the central government will launch comprehensive measures to stimulate economic growth, including fiscal, monetary, and capital markets, reducing interest rates, etc.
FormulaStocks retweeted
India has issued permits to import around 6,500 metric tons of silver over the next six months as the world's biggest consumer of the precious metal seeks to meet festive-season demand
business-standard.com/econom…
FormulaStocks retweeted
Silver’s Buy season in the on deck circle
India has issued permits to import around 6,500 metric tons of silver over the next six months as the world's biggest consumer of the precious metal seeks to meet festive-season demand
business-standard.com/econom…
FormulaStocks retweeted
Newmoint $NEM looks to have posted a very strong Q3 report.
newmont.com/investors/news-r…
FormulaStocks retweeted
🪙ETFs Increase Gold Holdings for 5 Straight Days
Exchange-traded funds added 90,200 troy ounces of gold to their holdings in the last trading session, bringing this year's net purchases to 2.62 million ounces, according to data compiled by Bloomberg. This was the fifth straight day of growth.
The purchases were equivalent to $373.5 million at yesterday's spot price. Total gold held by ETFs rose 2.6% this year to 101.6 million ounces, the highest level since July 22, 2022. (Bloomberg)








































