War?
Looks like metals just went through the roof.
Stainless steel just went up 10x, today.
This hike is after last weeks hike. Last weeks hike was 5x.
Not even talking about Titanium. Gold. Platinum. Silver.
I deal direct. No middle man.
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I am a business owner who buys precious metals direct from China.
The previous hikes have been hurting our industry, and now with this news we are planning our exit.
We will be one of the last open, thanks to preparations.
However, it looks like someone just bought a bunch of metal.
Just based on math, looks like 97% of the market was just redirected, bought or otherwise segregated for Stainless Steel.
That's not just good for war machines, but also what we would offer to clients looking to save. Since that's most of them these days, it's not a good sign.
Titanium is double. So our gold customers were buying Titanium because gold was now out of their reach.
Gold customers won't be happy buying Stainless Steel.
Diamonds barely moving.
Our original Stainless Customers are already gone from the last price hike.
Rumours abound that China is gearing up for something major. Launch of their own gold backed currency/invasion of Taiwan, who knows?
Yes, another war could be it. I remember Trump saying Ukraine isn't so big we should watch Taiwan. But I don't know if that was disinfo for DS or truth.
The biggest gains are in Stainless Steel, with a doubling in price for titanium
Stainless steel is used in tanks, subs, aircraft, munitions.
Titanium is used when a lighter material is called for.
I don't want to say for sure what I think that could mean, but there's not a lot of reasons why possible.
I'm just passing on what I noticed.
This happening now would coincide with the Ides of March, and all the white papers assuming when China would invade. March.
It would also coincide with the same for Russia, who could possibly also be buying.
It could be a third party (corporation, multinational) as well, gearing up. Stocking up. Buying out. Who knows?
It could be for a lot of reasons I can't even think of.
What I do know is this is very unusual.
It's higher than inflation by large margins.
Either way it's going to squeeze the economy.
https://youtu.be/MDsXZ84UDvc
Theme illustrated in a lot of films and series. War Pigs.