Gold may climb to $4,750–$5,500 per ounce by year-end, driven by central bank demand and hopes for a Middle East peace deal that would ease inflation expectations, the SCMP reports.

They did it. SpaceX has now launched more satellites than the rest of humanity, combined, all time.

Within ~5 years, probably ~5 times as many satellites as rest of world

Gold could rebound 13% this year

$MRAM When SpaceX’s Falcon 9 lofts an Astro Digital satellite (such as their Corvus Micro Bus), the onboard flight control computer powered by Everspin $MRAM activates as soon as the satellite separates from the rocket stage 👀👀👀👀👀👀👀👀👀👀 $SPCX 🚀🚀🚀🚀🚀🚀

BREAKING: President Trump says that Iran's Supreme Leader has approved a deal between the US and Iran and a signing is "coming soon." Details of the deal per President Trump: 1. US Naval blockade is lifted once the deal is signed 2. Memorandum of Understanding has been approved by "everyone in Iran" 3. Kharg Island operation by US Military is now "off the table" 4. Formal Strait of Hormuz reopening deal expected by as early as Saturday or Monday 5. Trump declines to set a deadline for the deal, calling Iran "rational and confident" that a deal will be reached US oil prices extend losses on the news.

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CITIGROUP MAINTAINS ITS 6-12-MONTH GOLD PT AT $5,000/OZ, UNCHANGED

Central banks now hold over 36,000 tonnes of gold. The last time official holdings were this high? The Bretton Woods era. Patterns…

China’s central bank extended its gold-buying streak in May, adding to holdings as prices of the precious metal remained under pressure bloomberg.com/news/articles/…