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Gold Telegraph
@GoldTelegraph
Copper prices near six-week high.
The glue of the economy.
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Gold Telegraph
@GoldTelegraph
Copper up nearly 2% today.
Interesting…
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Gold Telegraph
@GoldTelegraph
The mining industry remains so cheap, but the majority of people haven’t yet woken up to the looming deficits.
Eventually, it won’t just be something we stare down, we will be living it.
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Gold Telegraph
@GoldTelegraph
BREAKING NEWS
CHINA’S NET GOLD IMPORTS VIA HONG KONG ROSE BY ABOUT 17% IN JULY COMPARED TO JUNE
China…
Chess.
“China imported a net 25.659 tonnes of gold from the Special Economic Region (SAR) in July, up from the 21.919 tonnes imported in June, the government data showed…”
Source: https://www.kitco.com/news/article/2024-08-27/chinas-hong-kong-gold-imports-rose-17-july-jewelry-demand-continues-suffer
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Gold Telegraph
@GoldTelegraph
The Bank of Japan says they are prepared for further interest rate hikes if the economy and prices grow as expected.
Are they read like the last time they did this?
Circus.
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Gold Telegraph
@GoldTelegraph
BREAKING NEWS
ARGENTINA’S MINING EXPORTS WILL MORE THAN DOUBLE TO AROUND $10 BILLION IN 2027 FROM SOME $4 BILLION THIS YEAR
Argentina is elephant country for copper.
“The mining secretary added that the government was looking to extend the useful life of mature but declining silver and gold mines…”
Source: https://www.reuters.com/markets/commodities/argentina-official-says-lithium-copper-drive-metal-exports-10-bln-by-2027-2024-08-28/#:~:text=BUENOS%20AIRES%2C%20Aug%2028%20
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Gold Telegraph
@GoldTelegraph
Gold is still above $2500.
I see many people are talking about an “extreme” sell-off right now.
What planet are you from?
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