Investing

[Tigeraholic1]

14 hours ago, Screwball said:

Interesting chart porn of the day. Silver must be the new tulips. What a ride. First chart a 3 year by week. The horizontal yellow lines go back 5 years ago. Nothing related to today. Haven't looked at the chart for quite a while.

As you can see it didn't do much for quite a while, then went up a bit in April/June of 24 until April of 25 and took a ****. Then went nuts. Looks like a hockey stick. A closer look;

I'm not sure what's going on here. Is it a tulip thing or... Silver needed for data chips?

On the other side of the coin (no pun intended) one would think the ass kicking winter has already brought us would drive the price of Natty Gas up, no? Well, it kinda did, but what's going here the last few days or week?

Looks like a gap to get filled there too.

Yes, sliver is used in many industrial applications.

[Screwball]

The pot stocks are flying today, some up 30-40%.  Most are small caps so they trade like a penny stock so you can make a killing - and get your face ripped off as well.

Silver is taking a breather so far today, down almost 5%. Gold down a little but gave up quite a bit from open. I'm kinda with this guy;

This probably has something to do with it, especially recently. 3 month chart by day of the dollar index. The metals usually trade inverse to the dollar index;

[gehringer_2]

11 of 12 Fed Rev Presidents reappointed. Powell might be on his way out but it's business as usual for the system.

[Screwball]

Well, you have people like Neel Kashkari and Austan D. Goolsbee on the FOMC, but I don't think Neel (cabin a woods or some sort of horse****) Kashkari has a vote right now. Goolsbee is a ghoul and FOS up to his ears.

Neel... I remember people defending that little creep back during TARP days. Spit!