Video: Only Above Ground Stocks Can Save Silver Supply Now

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good Morning. “The Gold reset is a process, not an event”Today:* Analysis: Silver Supply* Premium Discussion: Silver ChartsPremium Analysis: Only Above Ground Stocks Can Save Silver Supply NowVideo is intented to be companion piece to this postCharts:News Analysis: Equity Recap:US equities retreated on Thursday as oil prices spiked amid rising geopolitical tensions in the Middle East. Large caps bested small caps: S&P 500 (-0.17%) vs. Russell 2000 (-0.64%). MSCI Emerging Markets (EEM) and MSCI EAFE (EFA) lost 1.19% and 0.93% respectively.Market News: "Nvidia CEO Jensen Huang said in an interview with CNBC’s “Closing Bell Overtime” that demand for the company’s next-generation artificial intelligence chip Blackwell is “insane.” Blackwell, expected to cost between $30,000 and $40,000 per unit, is in hot demand from companies like OpenAI, Microsoft, Meta and other firms building AI data centers. Nvidia has been the main beneficiary of the artificial intelligence boom, with shares up about 150% year-to-date." Source: CNBC"On top of OpenAI’s long-awaited funding round that closed Wednesday, the company has also put a $4 billion revolving credit line in place — bringing its total liquidity to more than $10 billion. JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS and HSBC all participated. OpenAI on Wednesday closed its latest funding round at a valuation of $157 billion, including $6.6 billion the company raised from investors including Thrive Capital, Microsoft, Nvidia and SoftBank." Source: CNBCPolitics/Geopolitics: "Oil surged as the market braced for the possibility that Israel’s retaliation against Iran for its recent missile barrage will include strikes on the country’s oil infrastructure. West Texas Intermediate soared more than 5% to settle above $73 a barrel after President Joe Biden was asked if he would support Israel striking Iran’s oil facilities. “We’re discussing that,” Biden responded. “I think that would be a little — anyways"." Source: BloombergData on Deck: Unemployment* MONDAY, SEPT. 30 Chicago Business Barometer (PMI)* TUESDAY, OCT. S&P final U.S. manufacturing PMI* WEDNESDAY, OCT. 2 ADP employment* THURSDAY, OCT. 3 S&P final U.S. services PMI* FRIDAY, OCT. 4 U.S. employment reportFINAL MARKET CHECKPremium: