Phantom Silver: How Wall Street’s Paper Trades Artificially Deflate Precious Metal Prices

Large banks and traders use the COMEX futures market to sell massive amounts of “paper silver” without having the actual physical metal to back it up. This creates an illusion of abundance, suppressing prices

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Norway’s $1.8 Trillion Fund Acquires Slice of London’s Covent Garden

Norway’s sovereign wealth fund has made a significant investment in London’s iconic Covent Garden. On Thursday, March 20, 2025, Norges Bank Investment Management (NBIM), which manages Norway’s $1.8 trillion sovereign wealth fund, announced a deal to acquire a 25% stake in a property portfolio in London’s Covent Garden district

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S&P 500 Plunges Relative to Treasuries, Hitting 5-Month Low Amid Market Turmoil

The S&P 500 to Treasuries ratio declined to its lowest level since October 2024

At the same time, stock valuations relative to bonds dropped sharply to near the lowest in a year, according to Topdown Charts analysis.
This comes as tariff uncertainty and recession fears have skyrocketed over the last few weeks

Historically speaking, Treasuries have substantially outperformed stocks during economic downturns

Meanwhile, the S&P 500 is down -3.5% year-to-date, while the popular bond-tracking ETF, TLT is up +4.5%

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PDD Earnings Miss

BREAKING: PDD Holdings Q4 Revenue RMB 110,610.1 Million, Adjusted Net Income RMB 29,850.9 Million. Shares Drop 3% Pre-Market

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Aussie Dollar Plunge: AUD Set to Crash Below 60 US Cents by Year-End

We see AUD dropping to below $0.60 per dollar by the end of 2025. Potential US tariffs and trade war risks could pressure the AUD. The gap between RBA and Fed rates may hinder AUD appreciation. Weak growth in China could negatively affect the AUD

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Carney’s Gambit: Canada Braces for Snap Election as New PM Seeks Mandate

BREAKING: Canadian Prime Minister Mark Carney is set to call a snap federal election on Sunday for an expected vote on April 28, the Globe and Mail reported, citing two people familiar with the matter

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Sterling’s Surge: Analysts Warn of Overvalued Pound

The British pound is considered extremely overbought and unjustifiably expensive by some analysts

There are concerns about potential stagflation in the UK economy, with slowing growth and rising inflation

The BoE rate decision later in the day could significantly impact the currency pair’s direction

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