While European stocks and commodities are performing strongly, US equities and volatile assets such as Bitcoin are struggling with significant losses. A brief summary of the chart from Boll's Global Research

Winners

• Equity marketsGreece (+27.5%) and Spain (+25.5%) have posted the highest returns in Europe.
• Commodities: $NGAS (+1,52%) (+16.9%) and $965310 (-1,21%) (+16.2%) show the strongest performance.
• Foreign exchangeThe Swedish krona (+9.6%) and the Brazilian real (+9.4%) gained strongly against the US dollar.
• Sectors: Tech (+11.4%) and Materials (+8.0%)

Losers:

• Equity markets: US equities (-3.4%) and Taiwan (-7.3%)
• Commodities: $IOIL00 (+0,45%) (-5.2%) and $BTC (-0,25%) (-8.9%) record considerable losses.
• Foreign exchangeTurkish lira (-6.7%) and Indonesian rupiah (-2.6%) are weakening.

Current trends:

• $965515 (-0,7%) (+15.2%) and long-term US government bonds (+4.6%) remain stable.
• European stocks are outperforming, while the USA is lagging behind.

Time for presents - birthdays, Christmas etc. - but no junk, please!

Hello dear Quinies,

on this occasion, I'm writing a short post today away from what's still in the pipeline from my side.

Our big boy turned 3 on Monday and grandma and grandpa traditionally give him physical precious metal $965515 (-0,7%)
$965310 (-1,21%) ... so far so good.

From grandpa's side, everything is also clear on the subject so far, there is either investment gold in small denominations or silver in whole ounces (of course always bought far too expensively in collection albums from MDM, Bayerisches Münzkontor etc.🙄). Not my money so what🤷🏼‍♂️.

Problem: Grandma unfortunately only buys according to the look of the collections, not really with a plan for precious metals... which means we get something like this here:

The motifs are of course pretty to look at, but what are you supposed to do with 6 x 9.2g 333/1000 silver anfangen🤦🏼‍♂️. That's about 18.38g of fine silver... a good half ounce. To be honest, I don't even want to know the price...

So what do I do?

Whenever one of these (exclusively pretty scrapbooks) arrives, I have to take photos, post them on eBay, sell them to someone for a halfway ridiculous price (since there's almost no precious metal in them) and send them off.

Why?

Because it's no good as an investment, I don't want to have to store 30 more of these albums somewhere halfway safe and because I think that the money I get from the sale is better off in Junior's ETF savings plan.

What am I trying to tell you?

If you want to give physical precious metal (gold, silver, platinum, whatever) as a gift, please, please pay attention to investment-Qualität🙏🏻 (purity 999.9 for gold/silver or 999.5 for platinum).

It is better to buy supposedly "smaller gifts" (a 1g gold bar in 999/1000 is really tiny😅) that have a real value and retain their value. With small gift bars and small bullion coin denominations, you are effectively still paying a lot more than the pure gold value, but you are giving a sensible gift! Nevertheless, you should not buy bullion coins in denominations smaller than 1/20 ounce, after that the price premiums become more than absurd and it doesn't look great either😉.

With this in mind: Happy giving and receiving (the madness is about to start again).

Greetings, Marcus✌🏻

📈 COMMODITIES 2024: PROSPECTS FOR INVESTORS 🛢️

This year will be extremely exciting for commodity prices.👀📈

Even if you are not interested in investing directly, the original article is definitely worth the 2 minutes of reading time.

Analysts predict that prices could rise again for the time being.

For example, the current weakness on the oil market ($IOIL00), caused by demand concerns and an oversupply, could stabilize by mid-2024 according to experts and lead to a price recovery. (1)

Precious metals such as gold ($EWG2 (-0,94%) / $965515 (-0,7%) / $4GLD (-0,67%) ) and silver ($965310 (-1,21%) ) could also benefit from changing interest rate expectations. In particular, the prospect of interest rate cuts by the US Federal Reserve will have a strong influence on the price of gold. (2) (Image 1)

The situation with industrial metals such as copper, whose prices were under pressure in 2023, is particularly exciting for me. A possible shortage of supply could drive prices up again. (3) Similarly with the CO2 price, although the situation here looks rather modest in the short term. (4)

Do you agree with this or has something important been overlooked?

https://www.ideas-magazin.de/2024/ausgabe-262/titelthema/?utm_source=getquin&utm_medium=social&utm_content=titelthema&utm_campaign=ideas-magazin

(1) Section "Exaggerated concerns on the oil market"

(2) ibid. "Precious metals under the spell of interest rate expectations"

(3) ibid. "Better times on the industrial metals markets in sight?"

(4) ibid. "CO₂ price in EU emissions trading"

#rohstoffe
#finanzen
#marktausblick
#commodities
#marketsentiment
#finance 📊

This article is part of an advertising partnership with Societe Generale

$965310 (-1,21%)

All opinions welcome 😉

+ 25% confidential

Sale for redeployment

1 oz Vienna Philharmonic silver coin

Evil traded companies in my professional life

Thanks to @Koenigmidas for linking and for the nomination! #börsengehandelteralltag
#boersengehandelteralltag

Exchange traded companies in my professional everyday life in precious metals and foreign exchange trading:

• Umicore $UMI (+0,18%) (refinery)
• Prosegur $PSG (+2,84%) (security, logistics, cashrecyling)
• Johnson Controls $JCI (+1,18%) (security)
• Swiss National Bank $SNBN (-0,85%) (foreign exchange trading)
• National Bank of Japan $8301 (foreign exchange trading)
• FedEx $FDX (-1,84%) (logistics)
• United Parcel Service $UPS (-0,57%) (logistics)
• Cloudflare $NET (+1,89%) (IT Security, Web)
• Fortinet $FTNT (+1,34%) (IT Security)
• Teamviewer $TMV (+1,33%) (Software)
• Microsoft $MSFT (+1,32%) (Software)
• Cancom $COK (-0,28%) (IT system house)
• Kyocera $6971 (-0,48%) (printer and scan hardware)
• Alphabet $GOOGL (-1,98%) (Who doesn't know it...?, research)

Naturally, I still have to do with various things which are traded on the stock exchange, but are not companies... these include: $965515 (-0,7%) (gold), $965310 (-1,21%) (silver), platinum and the various currency pairs like $965275 (-0,31%) (EUR/USD) but also all other currencies (AUD, NOK, GBP, JPN, SEK, PLN, CZK, SAR, etc. etc. etc.). Subordinately, we also have to deal with $BTC (-0,25%) (Bitcoin), although it is rather negligible.

In our other parts of the company we also deal with $UHR (-0,1%) (SwatchGroup).

What strikes me personally when I look at my professional environment:

There are dozens of companies in this sector, which are not traded on the stock exchange. Among them are some refineries (partly huge company constructs), service providers and luxury goods manufacturers. Also in the area of analysis technology (physical), equipment and software, there are some well-known manufacturers who have so far shied away from the stock exchange or are family-run.

In my private environment I have to do of course like each of you with various products and brands. A separate listing should be interesting for the fewest...

But the most extraordinary might be $RI (-0,82%) (Pernod Ricard), which is not least due to one of my hobbies: ABSOLUT VODKA bottles in the various designs and Limiteditions collect.

Basically I nominate all Getquin friendsbut especially @Der_Dividenden_Monteur , @Staatsmann
@Simpson !

Revolut Silver

Does getquin understand "silver" to mean an ounce of real (i.e. physical) silver?