Athena Index score: pending/100
The markets are actually saying that the next move in rates is actually more likely to be up than down.
central banks aren't trading gold. They're accumulating it for the long term
Joe is expecting not a steep increase, but a slow gradual bull market for gold
If the central banking community says, "Look, things are dire, and I need to really find ways to fund our economy... they could be moving quickly to sell a lot of gold. That could actually provide sub
they're signaling to us over the next 5 years a decline in the dependency on fiat currencies, the dollar and the euro in particular, and gold's a really key component for them
So, very, very bullish for silver.
Bank of America projects silver could reach anywhere between a $135 an ounce and $309 per ounce by the end of twenty twenty six.
So I'm expecting the price of silver to continue higher probably for the rest of this year, each quarter for the rest of this year, possibly into the second half of twenty twenty seven.
I'm thinking that if if I'm trying to buy silver and I can get spot silver below 80, that to me seems like a total bargain.
I think the yuan will be the next dominant global reserve currency even though it will take decades to get there.
China is on a strong currency mission to make the yuan a global reserve
The markets are anticipating higher inflation and higher rates.
In December of this year, the markets are saying it's more likely that we're higher than we currently are today.