January 11, 2026 14:35 (London Time)
ASA Gold and Precious Metals
Average Secured Overnight Financing Rate (SOFR) jumped to 3.87%, the highest since before the Feds December rate cut. Yves Smith: Ukraine experiencing serious problems with electricity, water supply, and heating. California home sales rose in November from both the previous month and year for the third consecutive month to reach the highest level since September 2022. Nearly half of American homeowners want to relocate in 2026 because of extreme weather and other climate concerns. Since Nov 24 th , the accumulated losses by the silver shorts is a staggering $14.5 billion. US gold reserves are at 90-year lows, while the rest of the world has pushed their holdings to near 50-year highs. The black swan for silver would be if Larry Silverstein decides to “pull it” and we witness the price of silver drop. The idea that passive investing is the road to riches is both widely accepted and dangerously long in the tooth. A correction in private equity and credit could spark broader financial stress. Fed policy has created the biggest wealth gap in the history of the country, and the haves continue to do extraordinarily well. H5N1 has infected 71 people, killing one, and has affected nearly 185 million birds since January 2022. Peak Prosperitys rates are going up on January 30 for the first time in 17 years. JPY/USD pair remains in the high 150s, even moving up this morning. Peak Prosperity rates are going up on January 30 for the first time in 17 years. Toyota & Hyundai-Kia Set Records by Wolf Richter. Toyota hybrid has eliminated drive belt, the starter, the alternator, and has a stunningly simple transmission. If its A-B-C down: SPX [1M] RSI will enter negative territory 17Y/ 18 years after Feb 2009 and stay there for a while. The future is powered by artificial intelligence, and the time to invest is now. Barry Ritholtz: One thing that stays the same is change and to embrace that and to be flexible to recognize that there will be so much evolution and change that continues in front of us from an industry. The Virtual Reality Scenario is if AI, in its current form, turns out to just not be a very useful technology. Andrew Gelman says theres no reason to believe that the Mississippi Miracle is fake. Andrew Gelmann says there’s no reason that the gains havent been reversed since 2017, meaning any illusory gains are out of the sample. Deindustrialization sounds peaceful and easy and pleasant, but its not peaceful, says Noah Smith. China has unleashed the most expensive and wide-ranging industrial policy the world has ever seen. Goldman Sachs report claims Chinese exports will make Europe poorer. Japan is an obvious alternative production base — its smaller and more expensive than China, but infinitely more secure. Unlike China, Japan will not use espionage to steal foreign companies intellectual property. A “Japan Life Pass” and a ‘Japan Investment Pass’ should be available for foreigners to move to and invest in Japan. There is no bright line between “liberalism” and “progressivism” There was no discrete moment when the ideas of the American left flipped from reasonable to mostly unreasonable. With the internet and modern air travel, diversity will only increase. Bitcoins strongest competitive edge has been decentralization plus a base layer that stays understandable, conservative, and brutally hard to change. New BlackRock report exposes historic shift in crypto that leaves only one blockchain controlling the settlement layer. Bitcoin down 2.4% over 24 hours, and is trading at $89,881. Morgan Stanley filed with the SEC for an ETH Trust (ETH) Morgan Stanley added ETH exposure alongside its Bitcoin and Solana filings. Washington using OFAC rules and license deadlines to force a clean break from Russian influence. US Army selects nine bases for microreactor power plants, 100 to 1,000 times smaller than conventional nuclear reactors.
Sector: Capital Markets
Ticker: ASA
Sentiment: 0.8438
MarketCap: 289.16M
High: 62.48 Low: 61.13
Open: 61.75 Close: 61.86 Change: 0.11