Martlet

A technical analyst i follow is calling for lower gold and silver to fall in short term (long term very bullish). 

No one is taking funds out of highly liquid crypto, with all the volatile gains, to put in low liquidity metal.  It just isn't the same risk profile at all. 

No one is taking funds out of highly liquid crypto, with all the volatile gains, to put in low liquidity metal.  It just isn't the same risk profile at all. 

Cause or effect though?  If view gold as a hedge against risks, makes sense that in times of good economy, low incident of risk, gold would be steady. 

No one is taking funds out of highly liquid crypto, with all the volatile gains, to put in low liquidity metal.  It just isn't the same risk profile at all. 

Cause or effect though?  If view gold as a hedge against risks, makes sense that in times of good economy, low incident of risk, gold would be steady. 

No one is taking funds out of highly liquid crypto, with all the volatile gains, to put in low liquidity metal.  It just isn't the same risk profile at all. 

No one is taking funds out of highly liquid crypto, with all the volatile gains, to put in low liquidity metal.  It just isn't the same risk profile at all. 

There's likely a bit of a rotation play about.  What was performing selling off, what was underperforming being bought. Not based on much more than mood of the market.  The wider macro-economic picture doesnt really give clear signal.

The cost for mining an astroid will be extremely high, making it uneconomic at first. Then they'll make it scale and the cost will plummet, with virtually no variable costs (energy, labour, transportation, royalties etc).  The target will be for base metals in bulk with an angle on being environmentally friendly, gold and silver will come out of the tailings for free.  It'll take time to get there, when it does it'll flip economics of minerals very quickly. 

@HerefordBullyun I have seen a few things in the FT and other sources that in some consumer goods in Japan have actually deflated due to no demand compared to us.
From what I see Japan is a way of looking into the future. Who knows when but eventually people are not going to pay these prices I feel. 
 
I think gold and silver have already topped out but who knows and its all part of the game  

I have just seen:
"We have been informed that the revised launch date is now 11 January 2022."
I have not had chance to check this, but it is llkely to be accurate, and is the most recent information we have.
 

My observation is critics of BBC do so because they've been told its bad, its left wing, etc.  They dont actually watch much to form an independent opinion, and listen to radio even less.  They'll cite a fringe example from thousands of hours of material. Or get all bothered they have a gay couple on Strictly, but not actually watch Strictly. 
The main news covers the same headlines as the other channels, the regular programming varies in quality but isnt overtly political, save a few programmes.  Essentially no different to any other broadcaster or channel, except Channel 4 (which is deliberatly and purposely alternative).  Radio can only comment from memory (BBC1 trash, BBC23 dull), though Radio 4 is a beacon of proper journalism and good comedy.  
Really the only problem is the licence, I can understand the objection there.  It's a shame they don't recognise their commercial strengths and licence more overseas to fund the free service in the UK. 

I dont understand is why they bothered with the queue. It seemed false to me, very slow to change and apparently people far lower than I was failed to get on and order, while others seemed to get in.  
 

I dont understand is why they bothered with the queue. It seemed false to me, very slow to change and apparently people far lower than I was failed to get on and order, while others seemed to get in.  
 

I dont understand is why they bothered with the queue. It seemed false to me, very slow to change and apparently people far lower than I was failed to get on and order, while others seemed to get in.  
 

Suddenly the queue gone and nothing available.  Rather pointless.

This is the time of year when experts make predictions for the coming year. Some execs from Saxo Bank have started early with this document. This is my summary of their points:
1. The move to reduce fossil fuel production will be paused because of high energy prices and the resulting inflationary impact on commodities and food. Policy-makers will backtrack on promises and relax restrictions.
2. Much of the younger generation will abandon Facebook (Meta) in protest at the way it farms and uses their personal information.
3. The US mid-term elections will lead to a stand-off over some close results, which will provoke a constitutional crisis.
4. US price inflation will reach 15% on an annualised basis at the end of Q4.
5. The EU will create a superfund to finance initiatives for defence, clean energy and climate change, and will pay for it by requiring that pension funds buy its bonds. These bonds will be a kind of EU bond by the back door, sidestepping the usual objections to EU bonds.
6. A group of women traders will mimic the Reddit/WallStreetBets group and make a co-ordinated assult on companies with a weak record on gender equality.
7. Rising energy prices will see India join the Gulf Cooperation Council as a non-voting member in order to reduce its energy insecurity. This will be part of a general realignment of geopolitical alliances.
8. Spotify will experience a substantial reduction in business as musicians make increasing use of non-fungible tokens (NFTs) for distributing their work, so as to avoid the high percentage of revenue taken by Spotify and other streaming platforms.
9. Hypersonic military technology will give rise to a new arms race.
10. A key breakthrough in biomedicine will increase life expectancy, leading to financial and environmental problems.

$1690
Setting up a nice head and shoulders, if it falls through, support is around there by end of month. 

On covid, a few things. Delta variant is the Kent variant thats more transmissable though lower danger than earlier.  Variants are discovered all the time from across the world, however nearly all the sequencing is done in Europe where they have the expertise and equipment. Example even the original Covid was genetically sequenced and identified in a German lab. 
The latest variant was found a couple fo weeks ago, the identification release earlier this week.  It takes time to go from sample to full sequencing. The fear is there are an awful lot of mutations in this variant, several seen before in more danergous variants, and some new.  However there is no real data yet on whether this i more transmissible or dangerous to infected, nor data on vaccine response.  The market reaction is all due to fear these will be worse.  
Trade accordingly. 

On covid, a few things. Delta variant is the Kent variant thats more transmissable though lower danger than earlier.  Variants are discovered all the time from across the world, however nearly all the sequencing is done in Europe where they have the expertise and equipment. Example even the original Covid was genetically sequenced and identified in a German lab. 
The latest variant was found a couple fo weeks ago, the identification release earlier this week.  It takes time to go from sample to full sequencing. The fear is there are an awful lot of mutations in this variant, several seen before in more danergous variants, and some new.  However there is no real data yet on whether this i more transmissible or dangerous to infected, nor data on vaccine response.  The market reaction is all due to fear these will be worse.  
Trade accordingly. 

On covid, a few things. Delta variant is the Kent variant thats more transmissable though lower danger than earlier.  Variants are discovered all the time from across the world, however nearly all the sequencing is done in Europe where they have the expertise and equipment. Example even the original Covid was genetically sequenced and identified in a German lab. 
The latest variant was found a couple fo weeks ago, the identification release earlier this week.  It takes time to go from sample to full sequencing. The fear is there are an awful lot of mutations in this variant, several seen before in more danergous variants, and some new.  However there is no real data yet on whether this i more transmissible or dangerous to infected, nor data on vaccine response.  The market reaction is all due to fear these will be worse.  
Trade accordingly. 

On covid, a few things. Delta variant is the Kent variant thats more transmissable though lower danger than earlier.  Variants are discovered all the time from across the world, however nearly all the sequencing is done in Europe where they have the expertise and equipment. Example even the original Covid was genetically sequenced and identified in a German lab. 
The latest variant was found a couple fo weeks ago, the identification release earlier this week.  It takes time to go from sample to full sequencing. The fear is there are an awful lot of mutations in this variant, several seen before in more danergous variants, and some new.  However there is no real data yet on whether this i more transmissible or dangerous to infected, nor data on vaccine response.  The market reaction is all due to fear these will be worse.  
Trade accordingly. 

I can offer an armchair observation the $ has strengthened so there is more about this than gold.  Powell represents stablity and I believe is considered more likely to start tapering than the other contender. 

Yes, Barclays have a lot of responsibility.  The practice executed in US by subsidaries of Royal Bank of Scotland led to that bank's near collapse.  
It's odd to call checkmate when you've failed to back up your claims, just come up with new points to distract from the omissions.   I know its all psyops so there wont be anything.