Discover and read the best of Twitter Threads about #Rhodium
Most recents (4)
AH fuck it, i'll join the bandwagon, since people asked (and i don't wanna type this story in DMs).
Thread🧵on #Evergrande!
Why #contagion will continue to spread, why Xi will NOT change course, why it's The Federal Reserve's fault, why Hyperinflation's next, and more!
Thread🧵on #Evergrande!
Why #contagion will continue to spread, why Xi will NOT change course, why it's The Federal Reserve's fault, why Hyperinflation's next, and more!
First off, Why Now?
Evergrande's been Teetering for more then a year. Naturally, things have to come to a head at some point, but why now?
I think the answer is found in Commodities. Specifically the fact that building important stuff like #Iron and #Copper have been mooning.
Evergrande's been Teetering for more then a year. Naturally, things have to come to a head at some point, but why now?
I think the answer is found in Commodities. Specifically the fact that building important stuff like #Iron and #Copper have been mooning.
To stem the tide, at $4,8 a pound copper, #China announced they would release metals from their strategic reserves to stop the price increases, and copper took a dive.
Reserves they ran up in July 2020 when the price was cheap, btw. China Copper imports were off the charts.
Reserves they ran up in July 2020 when the price was cheap, btw. China Copper imports were off the charts.
It's time.
🚨🚨MARKET TOP WARNING🚨🚨
MULTIPLE INDICATORS HAVE TURNED FOR THE WORSE!
I've got enough confirmations now to warn for a correction - the asymmetrical crash i've been talking about. 👇
#Gold #silver #rhodium #bonds #nasdaq #Fintwit #wallstreetsilver #silversqueeze
🚨🚨MARKET TOP WARNING🚨🚨
MULTIPLE INDICATORS HAVE TURNED FOR THE WORSE!
I've got enough confirmations now to warn for a correction - the asymmetrical crash i've been talking about. 👇
#Gold #silver #rhodium #bonds #nasdaq #Fintwit #wallstreetsilver #silversqueeze
First up the most important one, Rhodium.
Rhodium tends to go ballistic in the final phase of market bubbles. Nobody knows why, but it happened before the 2000 bubble blew, same with the 2008 bubble...
...and it's showing clear topping patterns.
Rhodium tends to go ballistic in the final phase of market bubbles. Nobody knows why, but it happened before the 2000 bubble blew, same with the 2008 bubble...
...and it's showing clear topping patterns.
But it's not just Rhodium.
All INDUSTRIAL precious metals are showing similar topping patterns.
AND! The strength of those tops correlates with the industrial element of each metal.
Palladium looks like Rhodium, while Gold is going straight up. Silver offers the awnser:
All INDUSTRIAL precious metals are showing similar topping patterns.
AND! The strength of those tops correlates with the industrial element of each metal.
Palladium looks like Rhodium, while Gold is going straight up. Silver offers the awnser:
Interesting overview on 'Great power resource competition in a changing climate' from @NewAmerica with plenty of #FoodForThought: newamerica.org/resource-secur… Some takeaways..(1/16)
2/16 Key findings - #US & #China resource competition in a world in flux...#GlobalTrends #GeoStrategy #Energy #Agriculture #ClimateChange #NationalSecurity
3/16 Overview of 'Key metal and mineral resources in the #US & #China competition...#StrategicMaterials #Lithium #Cobalt #Palladium #Niobium #Rhodium #RareEarths
Precious Metals: There was one big topic at the @lbmaexecutive biannual dinnner last night - #Palladium. The remarkable rise of this precious metals and concerns about availability of metal dominated conversations.
Many have noted that palladium was (yesterday) more expensive than #gold, but as this chart shows, that's happened before when palladikum surged on auto demand and a lack of Russian sales in the late 1990s.
With slowing car sales in some important regions vs. an apparent shortage of metal immediately available, further volatility in palladium looks assured.
