519996
Neshiva

@neshiva #519996

Constantly curious, motivated innovator, value philosopher
31 Follower 90 Following
Interesting to take a look at, especially with these markets lately

Credit: World Silver Survey and Peter Krauth

/finance
Silver- Samsung battery breakthrough

“Samsung has developed a new solid-state battery. The inclusion of silver as a key component, combined with the increasing demand for electric vehicles, means that demand for the grey metal will soon increase.”

https://www.kitco.com/news/article/2024-08-19/silver-set-soar-samsungs-solid-state-battery-breakthrough-analysts
Highlights:
CoinGecko’s RWA Report 2024

1) USD-Pegged Assets Dominate Fiat-backed Stablecoins, Accounting For 99% of All Stablecoins

2) Commodity-Backed Tokens Hits $1.1B in Market Capitalization

3) Tokenized Treasury Products Have Grown 782% in 2023

https://www.coingecko.com/research/publications/rwa-report-2024
Hoping for some song or playlist recommendations for the open road
Should be an interesting Monday

And make for an interesting Tuesday too

https://www.cmegroup.com/notices/clearing/2024/08/Chadv24-218.html
JP Morgan has made a bold prediction: silver prices are set to soar, averaging $36 per ounce by 2025

Factors Driving the Forecast:

1. Monetary Policy Shifts

2. Industrial Demand

3. Inflation Hedge

4. Supply Constraints

https://www.jpost.com/business-and-innovation/precious-metals/article-812785#google_vignette
To Dos

1. Americano ✅
2. View. ✅
3. Change the world
this afternoon 🔲
Is it time?

Demand expected to come in at 7.6 million ounces, WPIC® projects a 476,000-ounce market deficit.

Limited supply & New Demand?

📈 China is set to launch its 1st platinum futures contracts.
According to SCMP Morning Post, the GFEX “will be the 1st exchange to allow delivery against its contracts of platinum and palladium in a form used by the main consumers, including carmakers and other industrial sectors, and the contracts may also support platinum investment demand in China.”

📊 “We are now seeing signs that platinum’s role in the hydrogen economy is gaining momentum, with our forecast for 2024 indicating a significant increase in demand to meaningful levels. This year will also witness the allocation and deployment of over US$300 billion in tax incentives and subsidies from various governments around the world, potentially further accelerating hydrogen's demand for platinum,” WPIC® CEO Trevor Raymond said.

Credit: Investing.com, Stefan Gleason

/commodities /innovation
Top 30 Renewable Energy Companies By Market Cap & critical minerals outlooks for Nickel & Copper

Credit: MiningVisuals
🌽Hedge funds are currently holding the highest number of short positions in US corn futures on record🌽

-driven by expectations of increased supply and weak demand affecting prices- Bloomberg

The report cites data from the Commodity Futures Trading Commission as showing that hedge funds and other money managers have increased their short-only holdings in Chicago corn futures and options, surpassing the previous record set in 2019.

The net position is bearish by some 353,983 contracts, according to the CFTC data, the highest level seen since records began in 2006, suggesting that hedge funds are positioning themselves to potentially benefit from continued weakness in the market amid abundant supplies and tepid demand.

Credit: Hedgeweek
In Q1 2024, these silver miners produced over 86 million ounces of silver. To visualize this, it would only represent a cube by 6 meters.

The silver market is forecast to remain in a deficit in 2024, marking the fourth consecutive year of a structural market deficit.

Credit: MiningVisuals
Gold
Silver
Copper

Credit: Mining Visuals
Making money is easy,
Making real connections is harder than it seems
Great event with the Base team.

Thanks to NYU Blockchain & Fintech, Enterprise Ethereum Alliance, Microsoft and the hosts & speakers.

📝 Can't forget to mention an amazing panel w/ Spenser Huang, Andrew F., Natalie Golub, and Matthew Bunday

🎩 Keepbuilding

/base /farcaster
🎩 Hat tips to all 🎩

To celebrate BlockApps joining Farcaster in style,
we are launching a new, open edition NFT.

Minters will also receive special token access for upcoming releases and drops.

https://www.launchcaster.xyz/nfts/introducing-blockapps

/blockapps /rwa /degen