Silver (XAG/USD) breaks to a new high for 2024 and a 12-year high overall on Thursday, after the Chinese authorities announced another 1 trillion CNY of extra stimulus on top of the package of measures already proposed by the People’s Bank of China (PBoC).
Related Articles
China urges local companies to stay away from Nvidia AI chips – report
Bloomberg is out with a report saying China is ramping up pressure...
BofA: Chart: Go short gold vs. silver. Entry, target, stop, and rationale
BofA recommends selling short gold against silver at a ratio of 83.50,...
US government studying revocation of licences for US oil companies in Venezuela – report
Reuters reports:The US government is "studying very closely" the possibility of additional...
Fed’s Bowman: Data points continue to show economic strength
This is all so far from Bowman. I'll monitor for anything that...
Leave a comment