Joined July 2016
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Jun 10
It is always this doom and gloom nonsense that signals that we're approaching the bottom.
The majority will throw in the towel at the bottom, as they always do. They give up and sell when they should be buying.
Then "Sayōnara" to the upside, but not yet, still lower to go. I've seen this SO many times before and it will happen again like clockwork imho.
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Jun 10
I know when I'm going to be buying physical #Silver again. Posted at fipestreport.substack.com
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Jun 10
I know when I'm going to be buying physical #Silver again. Posted at fipestreport.substack.com
#Gold leads, the rest follows. Unfortunately, it is down right now. Gold has broken the 200-day moving average and the previous low in March. I still see it going lower, following the near-trend down of lower highs and lower lows. But this is just providing the fuel for the next monster rally imho.
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Jun 10
#Gold leads. Definitive breakdown...
#Gold leads, the rest follows. Unfortunately, it is down right now. Gold has broken the 200-day moving average and the previous low in March. I still see it going lower, following the near-trend down of lower highs and lower lows. But this is just providing the fuel for the next monster rally imho.
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Back to the #housing market in Canada. Barrie is one of the worst performing markets in Canada. In the space of 6 months, prices have fallen by at least 20%, and that is not inflation-adjusted, which would make the fall even greater. This is going to get worse before it gets better.
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#Gold leads, the rest follows. Unfortunately, it is down right now. Gold has broken the 200-day moving average and the previous low in March. I still see it going lower, following the near-trend down of lower highs and lower lows. But this is just providing the fuel for the next monster rally imho.
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May 20
Get ready to buy, but "not yet".
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May 19
The #10Y yield continues to rise in line with higher #oil prices at a new high today. This is weighing on everything except the #DXY, which is up slightly today. #Gold is down 1.2%. #Silver is down 3.5%. #GDX -3.6%. As long as oil, the 10Y yield, and the DXY are going up, down go the metals. This also does not bode well for mortgages and the housing market.
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May 15
Failed negotiations with China sent #USO up 3.5%. Also, Taiwan was discussed, suggesting a wider conflict is brewing. WW3?
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May 15
#10Y Yield soars to 4.59% as inflations fears rise, its highest level since May 2025.
This will decimate the housing market in the US, but especially in Canada, imho.
Canada’s 10-year yield rose to 3.67%, its highest level in 2 years!!
The Canadian market has priced in 2 rate hikes before the end of the year. Housing is already extremely weak, this will hit Canadian housing hard.
The summer months will reveal all.
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May 14
The #10Y Yield just hit its highest level since June 2025, and the DXY is loving it too. Not so much for the metals and miners, which are all down.
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May 13
#Silver is outperforming all other metals (Gold, Platinum, Palladium) and miners as expected.
Perhaps the biggest driver? China has cut off 70% of refined Silver from the rest of the world.
Now Peru is shutting down mining operations temporarily. Peru produces 14% of global supply.
That leaves just 16% available, aside from existing inventories, compared to 100% just a month ago.
Demand and supply driving prices now, not paper contracts. Go #Silver!
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May 13
Just posted at fipestreport.substack.com
This applies to housing markets globally, but Canadian real estate is the most vulnerable.
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