---
title: "Key Macro Charts: How to Define the Full Release of Silver's Upward Momentum (2024/10/14)"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/216758789.md"
description: "This article analyzes the dynamics of the gold and silver markets. The five BRICS countries have established the largest gold reserves, and analysts believe that the bull market in gold is just beginning, as its market value still appears insufficient compared to global currencies and debts. As for silver, analysts point out that the technical breakthrough in the first quarter of 2024 marks the restart of its long-term bull market, and the upward momentum of silver has been fully unleashed"
datetime: "2024-10-14T12:19:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/216758789.md)
  - [en](https://longbridge.com/en/news/216758789.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/216758789.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/216758789.md) | [English](https://longbridge.com/en/news/216758789.md)


# Key Macro Charts: How to Define the Full Release of Silver's Upward Momentum (2024/10/14)

## Gold Buying Demand

The five BRICS countries - Brazil, Egypt, India, Russia, and China, have established the largest gold reserves in history.

## The Potential of Gold

Analyst: The price of gold priced in euros has once again hit a historical high. Many people are asking where the upward trend will end. Setting aside short-term fluctuations, I believe we are only at the beginning of a multi-year bull market. Why do I say this? Because the market size of gold is about $20 trillion, while global currency supply exceeds $100 trillion, and global debt is as high as $315 trillion! In comparison, the market value of gold still seems insignificant.

## Insider Trading Alert at NVIDIA

Mark Stevens, the second largest shareholder of NVIDIA and a board member since 2008, has just sold $20.5 million worth of NVIDIA shares. It is worth noting that in the past two weeks, he has sold over $60 million worth of NVIDIA shares.

## Silver Technical Analysis

Analyst: In the first quarter of 2024, the blue breakthrough in the chart below marks the restart of its long-term bull market. After the breakthrough, the price hit a new high, further confirming this trend. Now, **silver has hit a new high again after the red breakthrough in the chart, further consolidating this breakthrough trend. The upward momentum of silver has been fully unleashed.**

\-------

_The full text of the "Must-See Macro Charts" series is exclusively updated on Star Planet, where researcher Lexie selects thousands of "magic charts" shared by Wall Street big shots daily for you. Scan the code to unlock all the content of this issue, **enjoy the rights to participate in Star Planet for a year, and browse through macro strategic analysis, professional trader sharing, key data previews, and other series of content.**_

### 相關股票

- [SPDR Gold Shares (GLD.US)](https://longbridge.com/zh-HK/quote/GLD.US.md)

## 相關資訊與研究

- [Gold Hunter shifts from quiet buildup to fully funded drilling push at Newfoundland gold district](https://longbridge.com/zh-HK/news/281261616.md)
- [Allied Gold Reports Record Q4 Production, Advances Growth Strategy and Completes Key Step Toward Transaction with Zijin Gold | AAUC Stock News](https://longbridge.com/zh-HK/news/281247205.md)
- [Daura Gold Uplists to OTCQB to Expand Access to U.S. Investors](https://longbridge.com/zh-HK/news/280806293.md)
- [Bonterra Reports Significant Mineral Resource Growth at Bachelor and Moroy, 100% owned Deposits and Provides Corporate Updates | BONXF Stock News](https://longbridge.com/zh-HK/news/281348372.md)
- [Newmont Corporation CHESS (NEM): New Buy Recommendation for This Basic Materials Giant](https://longbridge.com/zh-HK/news/281262486.md)