ANDIKA BULLETin 30 OCT 2024

Bitcoin & Bullion Hit Record Highs

ANDIKA BULLETin 30 OCT 2024

As the big day gets closer - and despite the catalyst-heavy week ahead - the so-called 'Trump Trade' continues to charge higher in stocks, crypto, bond yields, and gold.

Meanwhile two NEW Record Highs were made overnight...

Gold exploded to a new record high...

Source: Bloomberg

Gold hitting USD $2,769

Bitcoin hit a new record high...

Source: Bloomberg

Bitcoin hitting USD$73,660 or AUD$112,269

and if global money supply is anything to go by, Bitcoin could top USD$100k before this leg is done...

Source: Bloomberg

BTC ETF inflows have been enormous in the last two weeks.

Source: Bloomberg

Happy Wednesday

This information contains unsolicited general information only, without regard to any individual’s investment objectives, financial situation or needs. It is not specific advice for any particular investor or trader. Investment in the stock market involves risk.

This information may not take into account your investment objectives or financial situation, and you should obtain advice based on your own individual circumstances before making an investment decision.

This information is made available to you by ANDIKA Pty Ltd ABN 41 117 403 326, a licensed securities and derivatives dealer (AFSL # 297069).

Great! You’ve successfully signed up.

Welcome back! You've successfully signed in.

You've successfully subscribed to Confidential Daily.

Success! Check your email for magic link to sign-in.

Success! Your billing info has been updated.

Your billing was not updated.