0:00
/
Generate transcript
A transcript unlocks clips, previews, and editing.

China Buys The Dip (Bigger) in May

Market Rundown |

Housekeeping: Support Independent Media

Featured Posts on News Sites :
Scottsdale Mint — China’s 19-Month Gold Streak
Zerohedge — Gold’s Pullback Analyzed
Yahoo — Platinum's Fourth Deficit
X.com — China's 19-Month Gold Streak

Featured Analysis:

Silver’s Third Wave: MSA Says the Bears Are Running Out of Time

Jun 8
Silver’s Third Wave: MSA Says the Bears Are Running Out of Time

Michael Oliver's Momentum Structural Analysis argues that silver's sharp 2026 correction has done little to damage the larger bull market that began years ago. Repeated selloffs into the mid-$60s have been met by strong buying, preventing the sustained breakdown bears need to regain control. MSA views the past six months as a consolidation within a larger structural advance and is watching several momentum trigger levels that could signal the next leg higher, with long-term targets reaching $300 to $500 per ounce.


News & Analysis:

Data on Deck: CPI/ PPI

  • Monday, Jun. 8 No events scheduled

  • Tuesday, Jun. 9 Existing Home Sales

  • Wednesday, Jun. 10 CPI

  • Thursday, Jun. 11 PPI

  • Friday, Jun. 12 Michigan Prelim Consumer Survey Jun.-45.548.2


GoldFix Members: Exclusive Bullion Pricing Now Available

·
Mar 15
GoldFix Members: Exclusive Bullion Pricing Now Available

GoldFix has partnered with Battalion Metals to give our community direct access to institutional-grade physical bullion at exclusive member pricing. Through this partnership, GoldFix members can purchase gold and silver products at pricing typically about 100 basis points below prevailing dealer rates,

***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix intern


Charts and Final Market Check:

Full Week:

MONDAY, JUNE 8

  • No major US releases

TUESDAY, JUNE 9

  • 6a NFIB Small Business Index (prev 95.9 → est 96.0)

  • 8:15a ADP Weekly Employment Change (prev 35.8K)

  • 8:30a Trade Balance (prev -60.3B → est -56.4B)

  • 10a Existing Home Sales (prev 4.02M → est 4.06M)

  • 10a Final Wholesale Inventories m/m (prev 0.5% → est 0.6%)

  • 4:30p API Weekly Statistical Bulletin

WEDNESDAY, JUNE 10

  • 8:30a Core CPI m/m (prev 0.4% → est 0.5%)

  • 8:30a Core CPI y/y (prev 2.8% → est 2.9%)

  • 8:30a CPI m/m (prev 0.6% → est 0.3%)

  • 8:30a CPI y/y (prev 3.8% → est 4.2%)

  • 10:30a Crude Oil Inventories (prev -8.0M)

  • 1:01p 10-y Bond Auction (prev 4.47|2.4)

  • 2p Federal Budget Balance (prev 215.0B → est -276.4B)

THURSDAY, JUNE 11

  • 8:30a Core PPI m/m (prev 1.0% → est 0.5%)

  • 8:30a PPI m/m (prev 1.4% → est 0.7%)

  • 8:30a Unemployment Claims (prev 225K → est 219K)

  • 10:30a Natural Gas Storage (prev 95B)

  • 1:01p 30-y Bond Auction (prev 5.05|2.3)

FRIDAY, JUNE 12

  • 10a Prelim UoM Consumer Sentiment (prev 48.2 → est 46.1)

  • 10a Prelim UoM Inflation Expectations (prev 4.5%)

Discussion about this video

User's avatar

Ready for more?