Mindblown: a blog about philosophy.
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Boost online sales with top-selling Costco Gold Bars!
🌟💰 Calling all precious metals investors! 💰🌟 Did you hear? Costco’s gold bars and silver coins had yet another 🔥quarter of strong sales! Analysts estimate around $200 million in gold and silver are flying off the shelves monthly, selling out within hours ⏳ What makes them so appealing? These high-quality bars and coins are offered…
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XAG/USD slides to three-week low at $29.50 trading range
Key Takeaways: Silver prices have rebounded due to growing expectations of a Fed rate cut in September. CME FedWatch Tool shows a nearly 65% chance of a rate cut of at least 25 basis points. A failure to secure a peace agreement between Israel and Hamas could boost Silver as a safe-haven asset. Silver Prices…
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The dramatic tale of a torpedoed WW2 ship and the fight for lost silver bars
Key Takeaways: 82 years ago, a Japanese submarine sank the SS Tilawa, carrying 2,364 bars of silver. In 2017, the silver was recovered, leading to legal battles over ownership. Argentum Exploration Ltd, owned by Sir Paul Marshall, was involved in the legal proceedings. The UK Supreme Court allowed South Africa’s appeal regarding ownership of the…
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XAG/USD keeps steady below $30 with US ISM Services PMI on the horizon
Key Takeaways: Silver price remains stagnant below $30.00, influenced by weaker US private payroll data and expectations of the Fed reducing interest rates. Volatility in the US Dollar is expected to continue as investors await the release of US ISM Services PMI data for May. Technical analysis shows Silver price trading in a Rising Channel…
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Gold and Silver Prices Surge on June 5th Following Recent Sell-Off
Key Takeaways: Gold prices on the MCX are stable at Rs 72,077 per 10 grams, while silver is at Rs 89,799 per kg. The shift in expectations for a rate cut in the US has impacted the prices. The dollar index’s strength is also influencing the market. Gold and Silver Prices: MCX International Market Gold:…
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XAG/USD Plummets Below $30.00 as Double Top Formation Sparks Concern
Key Takeaways: Silver prices fell sharply due to lower US Treasury bond yields and a strong US dollar. The XAG/USD chart pattern confirmed a ‘double top,’ indicating potential further losses. Key support levels to watch include $29.00, $28.74, $28.34, and the ‘double top’ objective at $27.80. XAG/USD Price Analysis: Technical Outlook Silver prices dropped over…
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Silver (XAG) Prices Plummet Below $30: Is the Safe-Haven Appeal Fading?
Key Takeaways Traders are watching key US macro data, central bank events, and geopolitical developments to gauge their impact on the silver market. The weakening US dollar, anticipation of Fed rate cuts, and easing inflationary pressures are factors boosting silver prices. Risk-on sentiment and geopolitical caution are limiting the price impact of these factors on…
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Unlocking the Silver Boom: Top 3 Stocks to Buy Now
Key Takeaways Silver prices have been on the rise since mid-February, with UBS raising its forecast for silver prices. The Silver Institute expects a 9% increase in total industrial demand for silver this year. Pan American Silver (PAAS), Endeavour Silver (EXK), and Fortuna Silver Mines (FSM) are top silver stocks to consider for investment. Pan…
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Record highs for gold and silver prices today, June 4, 2024 on MCX!
Key Takeaways: Gold and silver prices saw an increase on the MCX on June 4, 2024. Gold futures for August 5, 2024, were priced at Rs 72,211 per 10 grams on the MCX. Silver futures for July 5, 2024, were retailing at Rs 92,045 per kg on the MCX. Prices for gold and silver in…
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Breaking: Silver Futures See Minor Drop to Rs 92,025 Per Kg
Key Takeaways: – Silver prices fell marginally to Rs 92,025 per kilogram as participants reduced their bets. – Silver contracts for July delivery declined Rs 8 or 0.01 per cent to Rs 92,025 per kg. – Globally, silver was trading 0.58 per cent lower at USD 30.61 per ounce in New York. Price Movement of…
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