SHOCKING SLIDE! Precious Metals Take a Nosedive – What’s Next?!

Gold, Silver, and Copper – the notorious trio known as “The Metals Triumvirate” – are in a dramatic downward spiral, and the numbers are jaw-dropping!

• Gold plummeted by a shocking -5.4% from July 23 to July 30!
• Silver took a brutal -9.1% hit from July 23 to July 31!
• And Copper? Brace yourself! It crashed by an eye-watering -27.3%! (No, that’s NOT a typo!)

In the last week alone, Silver flatlined without any gains, while poor Copper has been dealt a devastating blow. But hold on, Gold managed to pull off a daring escape! It strolled into the weekend with a +0.7% gain, settling at 3416! But could this be just a fleeting moment of hope?

The hype around Gold is palpable! Its continuous contract climbed +2.3%, eagerly looking towards its All-Time High. Yes, folks, that’s just a +2.8% climb away, and it might just be within reach!

Sister Silver Struggles – Will She Rise Again?!

Our beloved Sister Silver, decked out in her industrial attire, got dragged down with Cousin Copper’s catastrophic fall. The Gold/Silver ratio skyrocketed from 87.1x to 92.1x. Can Silver regain her precious shine?

But wait! Silver isn’t entirely out of the game! She’s been dazzling fans this year with a stunning performance, second only to Gold as we race through the BEGOS Markets Standings. Uncertainty looms, yet the metals have declared one resounding word: “Up!”

Mind-Blowing Year-to-Date Performance – Who’s Winning?!

Check this out: Pan American Silver up a staggering +22%, Franco-Nevada soaring +27%, Newmont climbing +32%, and Gold skyrocketing +37%! The real party? The Global X Silver Miners ETF and VanEck Gold Miners ETF, both up +42%! And Agnico Eagle Mines? A jaw-dropping +67%! Can you taste that sweet investment juice?

If you think big winners are a thing of the past, think again! Gold has rocketed +124% since 2020! Others aren’t far behind, with AEM up +103% and PAAS clinging to a measly +14%.

Brace for Impact: Turbulence Hits “The Metals Triumvirate”!

Get ready, because the turbulence in the market is outrageous! Each of the eight BEGOS Markets shows chaos reigning over the last month. Gold managed to bounce back, but Silver and Copper are still reeling from the mayhem!

The biggest takeaway? The S&P 500 is flashing warnings galore! If the market is finally waking up to reality, brace for a potential correction that could leave everyone gasping for breath!

And listen closely, folks – don’t let the so-called “strong economy” lull you into a false sense of security! The “live” P/E of the S&P? A staggering 46.5x, and dividends are still meek. When the next correction hits, fear will grip the market like never before! Have your popcorn ready as the show unfolds!

The Fed’s Dilemma: Cutting Rates or Keeping Steady?

In a shocking turn of events, dissent within the Fed is bubbling to the surface! Two members pushed for a rate cut, while the rest held firm. Is a rate cut necessary, or is it just wishful thinking? President Trump seems to think it’s a must, but analysts are side-eyeing this claim. Inflation is back on the rise!

And hold onto your hats! The GDP for Q2 blew past expectations, coming in at +3.0%! Nobody saw this coming! What’s the real story here? Only time will tell!

Week after week, we’re counting on the Market Profiles for precious metals. Is Gold holding its ground? Where is Silver headed? All eyes are on them as we dive deeper into these turbulent waters!

With a month-end checklist underway, the Gold Structure over the past 15 years shows it’s been quite the rollercoaster! And remember, next week promises a less chaotic Economic Barometer. Are you keeping a sharp eye on that Gold supply?

Stay tuned! The drama in the metals world isn’t over yet!