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Scottsdale Mint — Oil’s Sidelined Bid Zerohedge — Silver’s Third Wave: Bears Are Running Out of Time Yahoo — BBG: Gold Is Back to Pricing Fed Credibility X.com — Oil's Sidelined Bid
Featured Analysis:
Reality Check: Asia Never Stopped Buying Gold.
Despite gold’s 25% pullback from record highs, Asian investors continue accumulating through ETFs and physical holdings while Western investors reduce exposure. The divergence suggests Asia views gold less as a trade and more as long-term financial insurance. As central banks keep buying and physical demand remains resilient, Asia’s steady accumulation may offer an important signal about gold’s enduring role in the global financial system.
News & Analysis:
SpaceX Prices Record $75 Billion IPO, Valuation Nears $1.8 Trillion
GFN – NEW YORK: SpaceX priced its long-awaited initial public offering at $135 per share late Thursday, raising approximately $75 billion in what is now the largest IPO in history and valuing the company at roughly $1.77 trillion.
Data on Deck: CPI
MONDAY, JUNE 8
No major US releases
TUESDAY, JUNE 9
10a Existing Home Sales (prev 4.02M → est 4.07M)
WEDNESDAY, JUNE 10
8:30a Core CPI m/m (prev 0.4% → est 0.3%)
8:30a Core CPI y/y (prev 2.8% → est 2.9%)
8:30a CPI m/m (prev 0.6% → est 0.5%)
8:30a CPI y/y (prev 3.8% → est 4.2%)
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 220K)
FRIDAY, JUNE 12
10a Prelim UoM Consumer Sentiment (prev 48.2 → est 46.1)
10a Prelim UoM Inflation Expectations (prev 4.5%)
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Charts and Final Market Check:
