Housekeeping: This is the PM GoldFix post combining AM emails with additional intraday posts.
Market Recap
Silver: $34.84, up 3.16% (Not since Oct 2012)1
Gold: $2748.65, up 1.07% (Fresh ATH)
Morning Rundown:
Metals/Commodities:
Macro-Economics:
n/a
Geopolitics/Elections:
Founders:
Observation: While the the silver spot runs, the margin increases between SLV and spot. They're stomping the calls. Any corroboration? I keep no spreadsheet.
Observation: The menial labor shortage may be real. Springfield Ohio got headlines for 'cats & dogs' yet the imported help rumored to work at a chicken processing plant. Ever butchered chickens? (I have.) Now I hear, reliable second hand, we have the same community imported near a hog processing plant in Logansport Indiana. Ever butchered a hog? (I have.) Have American demographics, or work ethics, or ?, become so dire we need to break the law to eat?
PSA:
Kazan BRICS summit agenda https://brics-russia2024.ru/en/summit/programme/
Most of the real meetings only occur on Oct 24th, followed by a Putin press conference.
So this is where we might expect any new information to be shared.
Probably around 2pm-5pm Kazan time = 7am-10am EST on Oct 24th.