Warehouse Director | (Precious) Metals Zealot | Commodity Novice | Crypto Neophyte | Coffee Fiend | Politically Impartial | English/Dutch | #Gold #Commodities
The Netherlands
Joined November 2009
- Tweets122K
- Following320
- Followers1.3K
- Likes252K
Cellar Politics® retweeted
A new UN Environment Programme report says the world is on track for 2.6-2.8C of warming by 2100, with the 1.5C Paris goal now out of reach despite a record clean energy buildout. Fossil fuel emissions still rose last year. #Climate #UNEP #Energy
oilprice.com/Energy/Energy-G…
Cellar Politics® retweeted
Gold dipped below USD 4,000 intraday this week, and headlines stopped there. Underneath, the Dutch central bank has moved about 86 tonnes of gold from New York and Ottawa to London since March, and London's vaults kept FILLING.
This week's Nugget follows the bars.
Read below.
Cellar Politics® retweeted
Miners look cheap after gold's pullback, and @RonStoeferle sees bargains, yet his active gold strategy still holds almost 40% in cash.
Bargains and dry powder at the same time. He explains why to @henrylazenby of The Northern Miner at Mining Forum Americas.
Mining Forum video: Stöferle Eyes Gold Deals
Liechtenstein-based Incrementum gold fund manager Ronald-Peter Stöferle sees bargains in mining shares after gold’s pullback, even as his active gold strategy holds almost 40% cash.
northernminer.com/news/minin…
Cellar Politics® retweeted
You're welcome. A lot of people loved it. Michael is great and has a unique way of analysing geo-economics.
Must watch!
youtu.be/cWjZnEup3BQ
Cellar Politics® retweeted
IGWT Recap, week of Oct 23
Incrementum Active Aurum Signal: Defensive 🛡️
W/W change:
🥇 Gold (USD): 3,995.52 | -4.07%
🥈 Silver (USD): 53.89 | -5.46%
⚖️ G/S Ratio: 74.14 | +1.07
⛏️ GDX (USD): 80.20 | -8.56%
⛏️ SIL (USD): 74.06 | -10.23%
Gold closed below USD 4,000 for the first time since July, with Brent above USD 110 and a technology selloff pushing investors to sell metal for cash. Both mining lines fell about twice as hard as their metal.
Through all of it the bars kept moving. Gold held at the Bank of England rose roughly 192 tonnes between the end of June and the end of September, to about 5,782 tonnes, while the New York Fed's foreign-held pile shed 29.5 tonnes in August alone.
October hike odds closed near 7%. The FOMC decides on Wednesday.
Cellar Politics® retweeted
After the Gold window closed, the DOW rallied 4% !!
....
A promise underpinning the international monetary system was being withdrawn, and Dalio arrived at work the following morning expecting shares to fall. The Dow rose almost 4%, giving him an early lesson in how little an apparently reasonable conclusion could tell him about what markets would actually do...
What Ray Dalio Learnt When Money Changed
By David Russell
In August 1971, Ray Dalio was working as a clerk on the New York Stock Exchange when President Nixon announced that the United States would suspend the conversion of dollars into gold for foreign official holders...
goldseek.com/article/what-ra…
Cellar Politics® retweeted
What Ray Dalio Learnt When Money Changed
By David Russell
In August 1971, Ray Dalio was working as a clerk on the New York Stock Exchange when President Nixon announced that the United States would suspend the conversion of dollars into gold for foreign official holders...
goldseek.com/article/what-ra…
Totally rational. Helium, among Hydrogen, has been a critical material for billions of years. Ask the Sun. #Energy #Strategic
US Department of Energy names helium to critical materials list mining.com/us-department-of-…
Cellar Politics® retweeted
The Chinese economy has been in deflation for yrs,high unemployment rate,low consumption desire.But lots of bubbles have already been deflated unlike the US.Instead of spending in wars,they spend $ on tech development, manufacturing & infrastructure. xitter.cf/i/trending/21140517874…
Cellar Politics® retweeted
New (Dutch) Interview:
The Sovereign Debt Crisis is coming ..
Hij waarschuwt er al jaren voor.
Maar volgens Willem Middelkoop beginnen de signalen nu écht zichtbaar te worden…
Staatsschulden. Financiële repressie. Goud. Bitcoin. De dollar. En de mogelijke volgende grote financiële crisis.
In de nieuwe aflevering van Madelon Navigeert bespreken we wat er op dit moment achter de schermen van het financiële systeem gebeurt én waar je als belegger op moet letten.
👇🏼 Bekijk de volledige video met Willem Middelkoop youtu.be/g3IkyogxI08
Cellar Politics® retweeted
🔥 INDIA REMOVES SILVER IMPORT BAN, PERMITS 209 MILLION TROY OUNCES OF SILVER IMPORTS OVER NEXT 6-MONTHS
After nearly restricting all silver imports mid-May, India has seen large premiums over spot price as domestic supplies remain tight.
Premiums for silver have collapsed from nearly $2.50/ounce last week to 45 cents on Thursday.
The 15% import tax on Silver remains, raised from 6% in mid-May as India tries to support the Rupee.
Cellar Politics® retweeted
Who cares about margin when some of the fund managers feeling they are too old and too late to learn commodities, and maybe some dont event know how to spell tungsten? I know someone famous who always predicted a US$30 oil price 😆
CMOC 洛阳钼业 released its Q3 results.
Look at those big fat margins in their mining segments.
80% on Tungsten!!! That's accounting the -16% drop in production coming from Yulu JV.
But CMOC's Tungsten is coming from tailings operations so it's not a good representation of the entire market.
Even a niche metal like Niobium is getting 42.69% gross profit margin.
The Chinese efficiency is unreal.
Cellar Politics® retweeted
LBMA gold scandal breaks.
Fusion gold nonsense.
Paper selling accelerates.
The boys are having their fun again
Next: asteroid gold
Cellar Politics® retweeted
Copper producers are still ahead of the broader market in 2026, despite a tough week.
Change from the Jan 2 close:
• Southern Copper, +29.1%
• Freeport-McMoRan, +26.9%
• Teck, +23.9%
• Copper futures, +15.2%
• S&P 500, +12.2%
Cellar Politics® retweeted
Gold is absolutely scarce at these prices!
99%+ of gold supplies on earth remain below ground. In the core of the earth.
There are asteroids with gold. There are fusion reactors who can produce this now too.
But gold is scarce because there are limits to what can be obtained.
The core of the earth is impossible to get to. The asteroid fantasies are hundreds or thousands of years away. If even possible today, the propulsion systems do not exist, it would cost billions per ounce.
As far as the fantasy below goes? This is far away in the future with current estimated costs near $1/2 billion per ounce.
Gold remains a scarce commodity. Precious money. Nothing will change in our lifetimes.
Cellar Politics® retweeted
Precious metals call worked out very wel today too.
"Gold‘s rising wedge on the hourly will also give way to more downside"
Cellar Politics® retweeted
The latest COT report on #commodities, covering the week to 20 October, showed net selling extending into a sixth consecutive week, during which the BCOM Index has fallen by 8%.
Once again, the bulk of the selling was concentrated in natural gas and metals, led by gold and, not least, copper. Grains also continued to attract selling, with the combined net long tumbling by 42% over the past four weeks after reaching an unsustainable record above 1 million contracts last month.
Across crude oil and refined products, demand was muted during a week of mixed price performance, with crude rallying while fuel products eased. The Brent net long 242k contracts was in line with the average seen during the past two months, and well below the 430k long recorded at the start of the Middle East disruption.
In softs, all four contracts attracted net buying, led by coffee and sugar, with the latter's speculative net long reaching a fresh five-year high.
