As a speculator, I've had no interest in
#diamonds
for a very long time.
Their scarcity is an artifact to begin with, and I've warned about lab-grown diamonds as well.
This could get very ugly for diamond
#mining
, very quickly...
The Yen is tumbling. That's happening because 10-year JGB yield is being kept artificially low by BoJ. Japan has to do that because debt is 250% of GDP, so allowing 10-year JGB yield to rise freely would lead to a debt crisis. Yen weakness is the price Japan has to pay for this.
Data from the People's Bank of China shows they bought
#gold
again in September. Gold reserves rose by 26t, lifting their reported 2023 buying to 181t. Their gold reserves now total 2,192t.
米商業銀行が借りている資金。SVB破綻以来の二週間で爆発的に増加。預金引き出しは5000億ドル。それも地銀からの引き出しが圧倒的であり、引き出された現金は大手銀行やMMFに流入しているようです。このチャートをみる限り The US banking system is stable and sound. とは言えないですね。
以前にも同じようなのをretweetしましたが、これがゴールドを保有する意義。「1929年に1kg gold bar 10本で平均的な家が買えました。2024年にも1kg gold bar 10本で平均的な家で買えます。」(実は今は豪邸が買えますね。)1929年の貨幣価値と今の貨幣価値考えるとびっくりしますね。