JP Morgan: #Gold to hit 8500 by the end of the decade
Private investor allocation just has to rise from 3% to 4.6%
I wouldn’t be surprised if a standard portfolio allocation ends up much higher
Private investor allocation just has to rise from 3% to 4.6%
I wouldn’t be surprised if a standard portfolio allocation ends up much higher
On February 4, 2026, #SecRubio will host the inaugural Critical Minerals Ministerial at the #StateDept. The U.S. will welcome delegations from over 50 nations to advance collective efforts to strengthen and diversify critical minerals supply chains.
👀1
Macro Releases: Wednesday, Feb 4 🗓
Time: 8.15 am ET.⏳
🇺🇸 ADP Nonfarm Employment Change (Jan)
Time: 9.00 am ET.⏳
🇺🇸 JOLTS Job Openings (Dec)
Time: 10.00 am ET.⏳
🇺🇸 ISM Non-Manufacturing PMI (Jan)
🇺🇸 ISM Non-Manufacturing Prices (Jan)
Time: 8.15 am ET.
Time: 9.00 am ET.
Time: 10.00 am ET.
Please open Telegram to view this post
VIEW IN TELEGRAM
Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
This media is not supported in your browser
VIEW IN TELEGRAM
Rick Rule: Oil is hated, so he is bullish.
- Wall Street is using peak oil demand of 2030
- The IEA has now pushed peak oil demand to 2060
In other words, Wall Street is massively underestimating oil revenues beyond 2030.
The vilification of the oil industry has led major lenders to leave the space, increasing the cost of capital. Oil companies globally are now underinvesting in their businesses by $1–2B per day, in favor of returning cash to shareholders.
The oil industry is living off investments made a decade ago:
- Since 2019, 90% of CapEx has been committed just to maintain current production levels
- Since 2010, annual discoveries are down 60%
Sooner rather than later, this deferred capital spending will lead to lower production and higher prices.
Low prices are the cure for low prices.
- Wall Street is using peak oil demand of 2030
- The IEA has now pushed peak oil demand to 2060
In other words, Wall Street is massively underestimating oil revenues beyond 2030.
The vilification of the oil industry has led major lenders to leave the space, increasing the cost of capital. Oil companies globally are now underinvesting in their businesses by $1–2B per day, in favor of returning cash to shareholders.
The oil industry is living off investments made a decade ago:
- Since 2019, 90% of CapEx has been committed just to maintain current production levels
- Since 2010, annual discoveries are down 60%
Sooner rather than later, this deferred capital spending will lead to lower production and higher prices.
Low prices are the cure for low prices.
$TMC $OMEX
Deep-Sea Mining:
• Trump’s US$12bn “Project Vault” accelerates deep-sea mining to secure vital minerals and reduce reliance on China’s industrial supply chain
The administration is reportedly drafting an executive order to accelerate mining on the Pacific Ocean floorfor nodules containing nickel, cobalt, and manganese.
Deep-Sea Mining:
• Trump’s US$12bn “Project Vault” accelerates deep-sea mining to secure vital minerals and reduce reliance on China’s industrial supply chain
The administration is reportedly drafting an executive order to accelerate mining on the Pacific Ocean floorfor nodules containing nickel, cobalt, and manganese.
🇨🇭 Global One SI - Prompt
On February 4, 2026, #SecRubio will host the inaugural Critical Minerals Ministerial at the #StateDept. The U.S. will welcome delegations from over 50 nations to advance collective efforts to strengthen and diversify critical minerals supply chains.
$UAMY $USAR $NB $CRML
All Eyes On DC:
Key Schedule & Events for Today (Feb 4, 2026):
•9:00 a.m. EST: Opening remarks by Vice President J.D. Vance, Secretary of State Marco Rubio, and other officials.
•Morning/Early Afternoon: The summit brings together delegations from over 50 countries to sign a nonbinding Framework Agreement on Cooperation on Critical Minerals Sourcing and Processing.
•10:15 a.m. EST: Secretary Rubio will host a press availability for credentialed media.
•11:50 a.m. EST: Critical Minerals Ministerial family photo with Secretary Rubio and visiting heads of delegation.
•Throughout the Day: Discussions aimed at establishing "Project Vault," a strategic reserve for U.S. industry with $10 billion in potential EXIM Bank financing and $2 billion in private capital.
•Related Events: The CSIS Critical Minerals Security Program is also hosting a "Securing Critical Mineral Supply" government-industry dialogue.
Context for the Summit:
•Project Vault: Aimed at countering China's 70% control of rare earth mining and 90% control of processing.
•Diplomatic Activity: Indian External Affairs Minister S. Jaishankar and other international officials are participating.
•Goal: To establish a "Pax Silica" framework to coordinate policy for critical mineral sourcing.
All Eyes On DC:
Key Schedule & Events for Today (Feb 4, 2026):
•9:00 a.m. EST: Opening remarks by Vice President J.D. Vance, Secretary of State Marco Rubio, and other officials.
•Morning/Early Afternoon: The summit brings together delegations from over 50 countries to sign a nonbinding Framework Agreement on Cooperation on Critical Minerals Sourcing and Processing.
•10:15 a.m. EST: Secretary Rubio will host a press availability for credentialed media.
•11:50 a.m. EST: Critical Minerals Ministerial family photo with Secretary Rubio and visiting heads of delegation.
•Throughout the Day: Discussions aimed at establishing "Project Vault," a strategic reserve for U.S. industry with $10 billion in potential EXIM Bank financing and $2 billion in private capital.
•Related Events: The CSIS Critical Minerals Security Program is also hosting a "Securing Critical Mineral Supply" government-industry dialogue.
Context for the Summit:
•Project Vault: Aimed at countering China's 70% control of rare earth mining and 90% control of processing.
•Diplomatic Activity: Indian External Affairs Minister S. Jaishankar and other international officials are participating.
•Goal: To establish a "Pax Silica" framework to coordinate policy for critical mineral sourcing.
✍1
🇨🇭 Global One SI - Prompt
$ONDS 🤯 Ondas now have a drone mothership that can carry up to TEN drones that have swarm capabilities and can travel 120kmh! I’m in awe of this company. Beyond incredible resupply, endurance, and missile/javelin capabilities, the Blue UAS-certified DT…
DRONES: $ONDS $RDW $RCAT $UAVS $AIRO $DPRO
The Pentagon is asking 25 companies to demo their unmanned one-way attack drones at an upcoming evaluation event that will help determine a future prototype buy,
The Pentagon is asking 25 companies to demo their unmanned one-way attack drones at an upcoming evaluation event that will help determine a future prototype buy,
⚡1
🇨🇭 Global One SI - Prompt
$UAMY $MP $UUUU 1. Right out of the gates, they intend to start purchasing critical minerals. 2. The Administration already signed up 12+ OEMS. (Boeing , Google, GM, GE Vernova , Corning ) 3. They can go out and spend this $12 Billion quickly.
$UAMY $USAR $CRML
• Critical Minerals
The US plans to announce as many as 11 bilateral trade agreements
• Critical Minerals
The US plans to announce as many as 11 bilateral trade agreements
✍1
$UAMY $USAR $NB
The EU's critical minerals
list includes 34 raw materials, of which 17 are designated Strategic Raw Materials because they are deemed most essential for the green and digital transition, as well as for defence and aerospace.
The EU's critical minerals
list includes 34 raw materials, of which 17 are designated Strategic Raw Materials because they are deemed most essential for the green and digital transition, as well as for defence and aerospace.
👀1
Shanghai #silver: $105
Western silver price: $90
Shanghai premium: $15
China’s silver demand remains strong.
Western silver price: $90
Shanghai premium: $15
China’s silver demand remains strong.
🇨🇭 Global One SI - Prompt
The evolving US critical-minerals strategy runs on three tracks. 🔹Firstly, it introduced White House-driven ‘America First’ deals, focused on deeper state intervention in domestic projects. 🔹 Secondly, it expanded into bilateral agreements overseas, supported…
$CRML Greenland's Foreign Minister, Vivian Motzfeldt, has expressed optimism about reaching a diplomatic agreement with the United States
👀1
#SILICON
$GSIT
• Designs & sells SRAM memory chips (silicon CMOS)
• Customers: defense, networking, HPC, radar systems
$QUIK
• eFPGA + ultra-low-power SoCs
• Manufactures custom silicon used in:
– edge AI
– wearables
– industrial IoT
• Uses standard CMOS silicon processes
$MX
Pure silicon analog/power ICs
$HIMX
silicon IC designer
$MXL
Silicon RF & broadband ICs
$GSIT
• Designs & sells SRAM memory chips (silicon CMOS)
• Customers: defense, networking, HPC, radar systems
$QUIK
• eFPGA + ultra-low-power SoCs
• Manufactures custom silicon used in:
– edge AI
– wearables
– industrial IoT
• Uses standard CMOS silicon processes
$MX
Pure silicon analog/power ICs
$HIMX
silicon IC designer
$MXL
Silicon RF & broadband ICs
Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
🇺🇸 US produces 20 million bpd of oil🛢️
Nearly double 🇸🇦Saudi + 🇷🇺Russia combined
That’s output.
But output does something else.
Cheap, reliable supply fuels industry 🛡️
Export status gives Washington a seat at every table 🗡️
Access, not ownership, becomes the weapon
Energy dominance is strategy.
When you control flow and access,
you don’t just sell barrels.
You shape alliances.
You influence markets.
#oott #Russia #China #Trump #Iran
Nearly double 🇸🇦Saudi + 🇷🇺Russia combined
That’s output.
But output does something else.
Cheap, reliable supply fuels industry 🛡️
Export status gives Washington a seat at every table 🗡️
Access, not ownership, becomes the weapon
Energy dominance is strategy.
When you control flow and access,
you don’t just sell barrels.
You shape alliances.
You influence markets.
#oott #Russia #China #Trump #Iran
Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
🚨 How US Just Captured 15 Million bpd of China’s Lifeline?
🇻🇪Venezuela's exports jumped 60% in 30 days but now flow through US licensed channels.
🇮🇳India is pivoting away from Russian crude toward American push.
🇮🇷Iran faces a choice: accept US-supervised nuclear oversight, or watch Hormuz tensions keep China's import costs elevated.
Every path leads to the same outcome...
🇨🇳China pays more for energy, no matter what happens next.
#oott #Venezuela #China #Iran #India #Russia #Trump
🇻🇪Venezuela's exports jumped 60% in 30 days but now flow through US licensed channels.
🇮🇳India is pivoting away from Russian crude toward American push.
🇮🇷Iran faces a choice: accept US-supervised nuclear oversight, or watch Hormuz tensions keep China's import costs elevated.
Every path leads to the same outcome...
🇨🇳China pays more for energy, no matter what happens next.
#oott #Venezuela #China #Iran #India #Russia #Trump
✍1
Metals are reacting⚠️
#GOLD $4,980
Up +0.7%
#Silver $89.6
Up +5.3%.
Same trigger....Iran tension?
Drone headlines from yesterday
• Geopolitical risk spikes
• Volatility jumps
• Silver amplifies & Gold stabilizes
💡Gold absorbs fear, Silver trades fear.
This is risk premium snapping back.
Is this a one-day shock or the start of another volatility leg?
#metals #Iran
#GOLD $4,980
Up +0.7%
#Silver $89.6
Up +5.3%.
Same trigger....Iran tension?
Drone headlines from yesterday
• Geopolitical risk spikes
• Volatility jumps
• Silver amplifies & Gold stabilizes
💡Gold absorbs fear, Silver trades fear.
This is risk premium snapping back.
Is this a one-day shock or the start of another volatility leg?
#metals #Iran
#Copper deficits are increasing.
By 2040:
- Copper demand surges to ~9 Mt
- Copper supply is expected to fall by ~1 Mt
- Leading to a ~10 Mt copper deficit
Copper prices are set to rise even further.
By 2040:
- Copper demand surges to ~9 Mt
- Copper supply is expected to fall by ~1 Mt
- Leading to a ~10 Mt copper deficit
Copper prices are set to rise even further.