Monday PM Posts
PM Posts | The Real Reasons for Today's Outstanding Rally
Housekeeping: This is the PM GoldFix post combining AM emails with additional intraday posts.
Market Recap Excerpt:
Gold (+1.90%), Silver (+3.0%), Oil (+3.4%) Bitcoin (+2.0%), and Stocks (+0.30%) all were methodically bought during US hours. As far as commodities ere concerned however, the buying started out of the gate on Sunday night and gathered momentum during Europe. If anything, stocks were held down by the money flowing into Commodities.
The identifiable drivers were three-fold as far as commodities were concerned.
War risk
China changes rules
Western Correlations
We will add a fourth reason specifically for the rally in Oil and Precious Metals. Goldman published a report on Sunday recommending specific commodities for 2025.
Full Recap at Bottom
Morning Rundown:
Macro-Economics/Commodities:
Geopolitics/Elections:
Founders:
