Silver’s parabolic rally a ‘seven sigma event’ where ‘YOLO traders’ turned $20,000 into $5 million – RJO Futures’ Pavilonis
(Kitco News) – Silver’s wild ride through $120 per ounce saw short-term crypto-style traders make fortunes, sometimes far outperforming the profits of knowledgeable and experienced commodity lifers, according to Daniel Pavilonis, senior commodities broker at RJO Futures.In a Friday interview with Kitco News, Pavilonis conducted a postmortem of silver’s recent parabolic rally, and the precipitous decline that ended it – at least for now.
Read moreSafe-haven demand, outside markets push gold, silver sharply higher
(Kitco News) – Gold and silver prices are sharply higher at midday Monday. The precious metals markets are seeing safe-haven demand amid a geopolitical scene that does not see super hot spots at present, but instead several global matters that are simm…
Read moreTokenized gold is having a major impact on the broader bullion market – SocGen
(Kitco News) – Investment demand continues to be a driving force in the gold market, and analysts note that its influence in the evolving digital landscape is growing faster than in traditional markets, including in gold-backed exchange-traded funds.
Read moreGold and silver enter a new high-volatility regime – Heraeus
(Kitco News) – Both gold and silver are no longer behaving like safe havens of any kind, and have instead moved into a high-volatility regime – which changes the rules of the game for investors, according to precious metals analysts at Heraeus.In the latest update, the analysts wrote that gold has transitioned from a safe haven to a speculative asset.
Read morePrice gains for gold, silver, amid active geopolitics
(Kitco News) – Gold and silver prices are higher in early U.S. trading Monday. The precious metals markets are seeing safe-haven demand amid a geopolitical scene that does not see super hot spots at present, but instead several global matters that are …
Read moreBitcoin February 9 daily chart alert – Price downtrend in place
(Kitco News) – Monday, February 9–February bitcoin futures prices are weaker in early U.S. trading Monday, after prices hit a contract low and 15-month low on Friday but then rebounded.
Read moreGold market analysis for February 9 – key intra-day price entry levels for active traders
(Kitco News) – This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Read moreWall Street back on board after gold’s strong recovery, Main Street bullish but cautious with payrolls and CPI on deck
The latest Kitco News Weekly Gold Survey showed Wall Street with renewed faith in gold’s near-term strength, while Main Street investors held their bullish majority, but were still feeling the sting of last week’s losses.
Read moreGold and silver volatility rattles nerves, but not convictions
(Kitco News) – The recent price action in gold and silver is unsettling for many investors by any historical standard. Intraday swings that once seemed implausible for precious metals have become routine, challenging long-held assumptions about gold’s role as a source of stability in uncertain times.
Read more‘Sobering up’: Ted Oakley warns of 15% sell-off as tech and consumers hit wall
(Kitco News) – As major technology stocks surrender nearly a trillion dollars in value and jobless claims spike to winter highs, veteran investment manager Ted Oakley is warning that Wall Street is entering a “sobering up phase” where valuations must finally reconcile with a fracturing economic reality.
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