Important Update.
A private version of GMG Research is coming soon.
Banks are heavily short USD. We would be fading EURUSD. Treasuries are trending higher, spreads remain wide, gold weakens, and equities hold steady as rates rise.
Silver outperforms, platinum breaks out, and this week we revisit our April 28th gold call—plus key setups in Meta, AMD, ASTS, Opera, and Applied Digital.
Sundar Pichai and Tim Cook need to go. WWDC event for apple is this week. They better show us something big.
Treasury auction schedule this week: 3-year on Tuesday, 10-year on Wednesday, and 30-year on Thursday.
The Fed is gaining room to cut rates as core inflation drops to 2.5%, but it remains cautious due to trade risks and strong fiscal stimulus.
Our long term readers know how bullish we’ve been on Meta. New fresh relative highs.
AMD: Lisa Su will have a key note speech Thursday at their “Advancing AI” event. Starting to turn and outperform.
Look at Johnson Controls. Like we said, they will be a key player in data center cooling.
Silver huge breakout, Silver Comex inventories are at all time highs
Look at Silver Inventory.
Platinum continues its breakout.
On April 28th we stated:
“This is starting to look like a blow off the top for Gold.”
On Nov 2024 we wrote:
"Applied Digital: Nvidia bought 3% of the company. Keep an eye on this one."
Opera Browser is about to breakout higher.
ASTS: Jeff Bezos will start to utilize AST satellites
Again, Bitcoin will be the best asset of 2025.
This asset, MTG’s Final Fantasy Collector Booster Box, will go up over 30-40% in 6 months or less. One of the best asset classes of our lifetime (trading cards).
