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Jeffkuah
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Jeffkuah
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12:05","market":"hk","language":"en","title":"5 Blue Chip Stocks to Buy With Huge Dividends as Interest Rates Plunge","url":"https://stock-news.laohu8.com/highlight/detail?id=1119741032","media":"24/7 wall street","summary":"Just last month, we were being warned that interest rates were ready to move meaningfully higher as ","content":"<p><a href=\"https://laohu8.com/S/JE\">Just</a> last month, we were being warned that interest rates were ready to move meaningfully higher as inflation and the Federal Reserve were teaming up to end the massive low interest rate paradigm we have been stuck in for years. Then, seemingly out of nowhere, rates have dived lower, with the 10-year Treasury trading at a 1.32% yield, down from near 1.70% at the end of May. The benchmark 30-year Treasury bond is back at the 1.94% level. These are the lowest interest rate levels since last winter.</p>\n<p>For income investors, this is another setback in what has become over a ten-year problem. While rates certainly could rise again, <a href=\"https://laohu8.com/S/AONE\">one</a> thing seems certain: the Federal Reserve will not raise rates until it is positive the economy is back at full strength. The only move the Fed looks poised to make in the near term is the beginning of the tapering of the $120 billion per month purchase of Treasury and mortgage debt.</p>\n<p>We screened the BofA Securities research universe looking for blue chip stocks rated Buy that paid at least a 4% dividend. We found five that are very appealing now to growth and income investors. While all are rated Buy, it is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.</p>\n<p><a href=\"https://laohu8.com/S/MO\">Altria</a></p>\n<p>This maker of tobacco products offers value investors a great entry point now and was hit recently as cigarette sales have slowed. Altria Group Inc. (NYSE: MO) is the parent company of <a href=\"https://laohu8.com/S/PM\">Philip Morris</a> USA (cigarettes), UST (smokeless), John Middleton (cigars), Ste. Michelle Wine Estates and Philip Morris Capital. PMUSA enjoys a 51% share of the U.S. cigarette market, led by its top cigarette brand Marlboro.</p>\n<p>Altria also owns over 10% of Anheuser-Busch InBev, the world’s largest brewer. In March 2008, it spun off its international cigarette business to shareholders. In December 2018, the company acquired 35% of Juul Labs, and it has purchased a 45% stake in cannabis company Cronus for $1.8 billion.</p>\n<p>BofA Securities is very favorable toward the company’s plans for the future:</p>\n<blockquote>\n Management presented at CAGNY (Consumer Analyst Group of <a href=\"https://laohu8.com/S/NWY\">New York</a>) where it discussed a new corporate focus on ESG, additional details on its IQOS plans and its “Moving beyond smoking” 10-yr plan. Smokeables (cigarettes/cigars) will remain an important part of its strategy, providing funding behind its long-term growth and shareholder returns. Over the last 5-yrs, smokeable and other comprehensive income grew at a 5.5% compounded annual growth rate despite volume declines.\n</blockquote>\n<p>Shareholders receive a 7.35% dividend. The analyst has a $58 target price on the shares, while the consensus target is lower at $53.89. Altria stock closed on Wednesday at $46.79 per share.</p>\n<p><a href=\"https://laohu8.com/S/CVX\">Chevron</a></p>\n<p>This energy giant is a solid way for investors who are more conservative to be positioned in the sector. Chevron Corp. (NYSE: CVX) is a U.S.-based integrated oil and gas company, with worldwide operations in exploration and production, refining and marketing, transportation and petrochemicals. The company sports a sizable dividend and has a solid place in the sector when it comes to natural gas and liquefied natural gas.</p>\n<p>With the strongest financial base of the majors, coupled with an attractive relative asset base, many on Wall Street feel that Chevron offers the most straightforwardly positive risk/reward. Although current conditions do not warrant a large focus on production growth, Chevron possesses numerous medium-term drivers (<a href=\"https://laohu8.com/S/NBL\">Noble</a> integration, Permian, TCO/WPMP expansion, Gulf of Mexico exploration, Vaca Muerta, and so on) that should support production levels in the coming years.</p>\n<p><a href=\"https://laohu8.com/S/IBM\">IBM</a></p>\n<p>This old-school tech giant still offers investors a very solid entry point. International Business Machines Corp. (NYSE: IBM) is a leading provider of enterprise solutions, offering a broad portfolio of information technology (IT) hardware, business and IT services, and a full suite of software solutions.</p>\n<p>The company integrates its hardware products with its software and services offerings in order to provide high-value solutions. Analysts have cited the company’s potential in the public cloud as a reason for their positive outlook going forward.</p>\n<p>CEO Ginni Rommety, who had been in the position since 2012, stepped down in January, and the stock market greeted the news in a very positive manner. Arvind Krishna, who has led the company’s cloud computing business, became the new chief executive. Rometty will remain as executive board chair until the end of the year.</p>\n<p>Holders of IBM stock receive a 4.69% dividend. The $175 BofA Securities price target is well above the $144.14 consensus figure. The shares closed at $139.82 on Wednesday.</p>\n<p>Shareholders receive a 5.21% dividend, which analysts feel comfortable will remain at current levels. The BofA Securities price target is $125, which compares to a $122.48 consensus target and the last Chevron stock trade on Wednesday at $102.93 a share.</p>\n<p>LyondellBasell</p>\n<p>This top chemical company with a sterling balance sheet is another solid play for conservative investors. LyondellBasell Industries N.V. (NYSE: LYB) manufactures chemicals and polymers, refines crude oil, produces gasoline blending components and develops and licenses technologies for production of polymers.</p>\n<p>Over half of earnings are generated in the company’s Olefins and Polyolefins Americas segment, where costs are linked to the price of cheap natural gas in the <a href=\"https://laohu8.com/S/UBNK\">United</a> States, while selling prices are correlated with the price of oil. The company has pursued a strategy of low-cost, high return on invested capital debottlenecks coupled with cash returns to shareholders.</p>\n<p>Note that debottlenecking is the process of identifying specific areas or equipment in oil and gas facilities that limit the flow of product (known as bottlenecks) and optimizing them so that overall capacity in the plant can be increased.</p>\n<p>The company offers a 4.50% dividend. BofA Securities has set a $117 price target. The consensus target is $118.41, and LyondellBasell stock ended Wednesday at $100.40 a share.</p>","source":"lsy1620372341666","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Blue Chip Stocks to Buy With Huge Dividends as Interest Rates Plunge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Blue Chip Stocks to Buy With Huge Dividends as Interest Rates Plunge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 12:05 GMT+8 <a href=https://247wallst.com/investing/2021/07/08/5-blue-chip-stocks-to-buy-with-huge-dividends-as-interest-rates-plunge/><strong>24/7 wall street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just last month, we were being warned that interest rates were ready to move meaningfully higher as inflation and the Federal Reserve were teaming up to end the massive low interest rate paradigm we ...</p>\n\n<a href=\"https://247wallst.com/investing/2021/07/08/5-blue-chip-stocks-to-buy-with-huge-dividends-as-interest-rates-plunge/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://247wallst.com/investing/2021/07/08/5-blue-chip-stocks-to-buy-with-huge-dividends-as-interest-rates-plunge/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119741032","content_text":"Just last month, we were being warned that interest rates were ready to move meaningfully higher as inflation and the Federal Reserve were teaming up to end the massive low interest rate paradigm we have been stuck in for years. Then, seemingly out of nowhere, rates have dived lower, with the 10-year Treasury trading at a 1.32% yield, down from near 1.70% at the end of May. The benchmark 30-year Treasury bond is back at the 1.94% level. These are the lowest interest rate levels since last winter.\nFor income investors, this is another setback in what has become over a ten-year problem. While rates certainly could rise again, one thing seems certain: the Federal Reserve will not raise rates until it is positive the economy is back at full strength. The only move the Fed looks poised to make in the near term is the beginning of the tapering of the $120 billion per month purchase of Treasury and mortgage debt.\nWe screened the BofA Securities research universe looking for blue chip stocks rated Buy that paid at least a 4% dividend. We found five that are very appealing now to growth and income investors. While all are rated Buy, it is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.\nAltria\nThis maker of tobacco products offers value investors a great entry point now and was hit recently as cigarette sales have slowed. Altria Group Inc. (NYSE: MO) is the parent company of Philip Morris USA (cigarettes), UST (smokeless), John Middleton (cigars), Ste. Michelle Wine Estates and Philip Morris Capital. PMUSA enjoys a 51% share of the U.S. cigarette market, led by its top cigarette brand Marlboro.\nAltria also owns over 10% of Anheuser-Busch InBev, the world’s largest brewer. In March 2008, it spun off its international cigarette business to shareholders. In December 2018, the company acquired 35% of Juul Labs, and it has purchased a 45% stake in cannabis company Cronus for $1.8 billion.\nBofA Securities is very favorable toward the company’s plans for the future:\n\n Management presented at CAGNY (Consumer Analyst Group of New York) where it discussed a new corporate focus on ESG, additional details on its IQOS plans and its “Moving beyond smoking” 10-yr plan. Smokeables (cigarettes/cigars) will remain an important part of its strategy, providing funding behind its long-term growth and shareholder returns. Over the last 5-yrs, smokeable and other comprehensive income grew at a 5.5% compounded annual growth rate despite volume declines.\n\nShareholders receive a 7.35% dividend. The analyst has a $58 target price on the shares, while the consensus target is lower at $53.89. Altria stock closed on Wednesday at $46.79 per share.\nChevron\nThis energy giant is a solid way for investors who are more conservative to be positioned in the sector. Chevron Corp. (NYSE: CVX) is a U.S.-based integrated oil and gas company, with worldwide operations in exploration and production, refining and marketing, transportation and petrochemicals. The company sports a sizable dividend and has a solid place in the sector when it comes to natural gas and liquefied natural gas.\nWith the strongest financial base of the majors, coupled with an attractive relative asset base, many on Wall Street feel that Chevron offers the most straightforwardly positive risk/reward. Although current conditions do not warrant a large focus on production growth, Chevron possesses numerous medium-term drivers (Noble integration, Permian, TCO/WPMP expansion, Gulf of Mexico exploration, Vaca Muerta, and so on) that should support production levels in the coming years.\nIBM\nThis old-school tech giant still offers investors a very solid entry point. International Business Machines Corp. (NYSE: IBM) is a leading provider of enterprise solutions, offering a broad portfolio of information technology (IT) hardware, business and IT services, and a full suite of software solutions.\nThe company integrates its hardware products with its software and services offerings in order to provide high-value solutions. Analysts have cited the company’s potential in the public cloud as a reason for their positive outlook going forward.\nCEO Ginni Rommety, who had been in the position since 2012, stepped down in January, and the stock market greeted the news in a very positive manner. Arvind Krishna, who has led the company’s cloud computing business, became the new chief executive. Rometty will remain as executive board chair until the end of the year.\nHolders of IBM stock receive a 4.69% dividend. The $175 BofA Securities price target is well above the $144.14 consensus figure. The shares closed at $139.82 on Wednesday.\nShareholders receive a 5.21% dividend, which analysts feel comfortable will remain at current levels. The BofA Securities price target is $125, which compares to a $122.48 consensus target and the last Chevron stock trade on Wednesday at $102.93 a share.\nLyondellBasell\nThis top chemical company with a sterling balance sheet is another solid play for conservative investors. LyondellBasell Industries N.V. (NYSE: LYB) manufactures chemicals and polymers, refines crude oil, produces gasoline blending components and develops and licenses technologies for production of polymers.\nOver half of earnings are generated in the company’s Olefins and Polyolefins Americas segment, where costs are linked to the price of cheap natural gas in the United States, while selling prices are correlated with the price of oil. The company has pursued a strategy of low-cost, high return on invested capital debottlenecks coupled with cash returns to shareholders.\nNote that debottlenecking is the process of identifying specific areas or equipment in oil and gas facilities that limit the flow of product (known as bottlenecks) and optimizing them so that overall capacity in the plant can be increased.\nThe company offers a 4.50% dividend. BofA Securities has set a $117 price target. The consensus target is $118.41, and LyondellBasell stock ended Wednesday at $100.40 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160751704,"gmtCreate":1623807254108,"gmtModify":1634027852580,"author":{"id":"3576655714023484","authorId":"3576655714023484","name":"Jeffkuah","avatar":"https://static.tigerbbs.com/4defd4f9fc2814868b9927500a18b25d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576655714023484","authorIdStr":"3576655714023484"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160751704","repostId":"1144333499","repostType":4,"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143797814,"gmtCreate":1625816119638,"gmtModify":1633937041267,"author":{"id":"3576655714023484","authorId":"3576655714023484","name":"Jeffkuah","avatar":"https://static.tigerbbs.com/4defd4f9fc2814868b9927500a18b25d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576655714023484","authorIdStr":"3576655714023484"},"themes":[],"htmlText":"👍👍","listText":"👍👍","text":"👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/143797814","repostId":"2150637899","repostType":4,"repost":{"id":"2150637899","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625814840,"share":"https://www.laohu8.com/m/news/2150637899?lang=&edition=full","pubTime":"2021-07-09 15:14","market":"fut","language":"en","title":"Can Reddit's silver \"apes\" beat the market?","url":"https://stock-news.laohu8.com/highlight/detail?id=2150637899","media":"Reuters","summary":"LONDON, July 9 (Reuters) - Kerry Kraker, 56, has worked in kitchens all his life. Since March he's s","content":"<p>LONDON, July 9 (Reuters) - Kerry Kraker, 56, has worked in kitchens all his life. Since March he's spent around $100 a week - half his spare cash – on silver coins. He's part of a growing social media movement who say they are buying bars and coins for protection from a coming age of inflation.</p>\n<p>Thanks to a community of like-minded silver 'stackers' gathering on social-media platform Reddit Inc., Seattle-based Kraker says he also feels empowered.</p>\n<p>\"They are so encouraging and so convinced in the changes they can cause,\" Kraker, who lost his home in the financial crisis, told Reuters.</p>\n<p>Inspired by Reddit forum WallStreetBets, some of the 122,000-strong community hope to corner the market and bring down what they say is an unjust banking system.</p>\n<p>Market professionals say that is unlikely to succeed - there is plenty of silver, and central bankers in the United States and Europe expect inflation to stay in low single-digits.</p>\n<p>But bankers aren't getting through to this group.</p>\n<p>\"There's a bit of anger, like 'fuck the system.' If there's a back door to wealth, I might take that door because the front door is closed,\" said Kraker. \"The bankers and others have basically shut that door for everyone who is not themselves.\"</p>\n<p>The core of the movement is a Reddit community called Wall Street Silver, formed in January at the time WallStreetBets was marshalling an uprising of ordinary people against the financial elites, through coordinated buying of company shares.</p>\n<p>Reuters spoke to more than 20 members, who call themselves \"silverbacks\" and \"apes,\" have a home page featuring an image of an army of primates on the march from the \"Planet of the Apes\" movie, and say things like \"Ape like shiny.\" They organise \"raids\" – days on which everyone buys together.</p>\n<p>The group's founder, Ivan Bayoukhi, is a 24-year old former car salesman living with his parents in Alberta, Canada. \"NOW IS THE TIME TO WAKE UP AND TAKE THE POWER BACK IN THE HANDS OF THE PEOPLE,\" says</p>\n<p><a href=\"https://laohu8.com/S/AONE\">one</a> of his characteristic posts.</p>\n<p>Silver costs around $26 an ounce. Stackers think the price will rise as inflation erodes the value of currencies, demand for silver rises, and supplies run short. Some say that by buying up bars and coins, they can jack up prices by 100% or even 1,000%, to the point where they can call the shots against the so-called bullion banks, the large financial institutions which lead trade in precious metals.</p>\n<p>A March post Our time draws nigh...keep stacking and we will win the day! : Wallstreetsilver pictured silver coins laid out to spell a message to the head of JPMorgan Chase & Co, a U.S. investment bank which dominates the bullion trade: \"KISS MY ASS JAMIE DIMON.\" JPMorgan declined to comment.</p>\n<p>\"In a year or two we will have millions of people in the movement,\" Bayoukhi told Reuters. \"And then it will be over for the bullion banks.\"</p>\n<p>\"CORNER THE MARKET\"</p>\n<p>Prices of silver and gold, which are traditionally seen as safe stores of wealth, have risen since 2019: Gold is up around 40% and silver around 70% since then. The silver stackers are joining millions worldwide who believe currencies are vulnerable – a fear that has grown as governments borrowed and printed money in the pandemic.</p>\n<p>\"It scares me every day when this bomb will burst,\" said Tim Hack, a 23-year-old stacker in Germany. \"Silver and gold really have intrinsic physical value that you can even feel when you hold it in your hand.\"</p>\n<p>Posters on Reddit joined the silver fray on Jan. 27, when posts appeared on WallStreetBets saying that if enough people bought the metal, they could push prices to the moon.</p>\n<p>\"Corner the market,\" said <a href=\"https://laohu8.com/S/AONE.U\">one</a>.</p>\n<p>Adding to the impetus was an argument put forward on Reddit that big banks trade huge quantities of paper contracts for silver that they don't have in their possession, keeping prices lower than they should be.</p>\n<p>In some ways, that's correct.</p>\n<p>Contracts representing around 800 million ounces of silver are active in the New York futures market alone - more than twice the amount the exchange says is in its registered vaults, not all of which is available for delivery. Much of the silver that banks buy and sell in London, another big trading hub, is borrowed, bankers and traders say.</p>\n<p>If every professional who owns silver on paper called in their dues at once, there wouldn't be enough metal on hand, they agree. The system works because most people with contracts don't want actual metal, which they'd have to pay to store and insure. They are speculators, or miners and jewellers, hedging their risks.</p>\n<p>After the posts on WallStreetBets, around $3 billion rushed into a fund run by asset managers Blackrock that stores silver for investors. Blackrock said it added more than 100 ounces of silver to its stockpile in three days. Silver's wholesale price jumped nearly 20%.</p>\n<p>Much of the silver stored for Blackrock is in London. The London Bullion Market Association (LBMA), an industry body, later said that there had been \"concerns that London would run out of silver.\"</p>\n<p>Blackrock told Reuters it did not track where the money had come from.</p>\n<p>The Reddit group's founder Bayoukhi said he watched with growing excitement, turned to his father and said, \"Why don't I start a Wall Street silver community?\"</p>\n<p>\"FAMILY FOREVER\"</p>\n<p>There's also truth in Redditors' claims that big players can influence the silver market. One trader tactic is spoofing - sending out fake buy or sell orders to shift prices before completing the real trade.</p>\n<p>In 2020, JPMorgan paid $920 million to U.S. authorities to settle charges that its staff sent \"hundreds of thousands\" of fake orders into precious metals and Treasury markets. The bank said at the time that the people responsible had left and it had improved its compliance systems. It declined further comment for this story.</p>\n<p>But the impact of spoofing lasts only seconds or minutes, said Ross Norman, a London-based former precious metals trader.</p>\n<p>The January squeeze lasted three days. Then WallStreetBets returned its focus to stock markets; silver calmed. Since early February, the price of silver has fallen by a dollar.</p>\n<p>Undeterred, Wall Street Silver issues a deluge of tips, analysis, memes, photos and encouragement. It is only Reddit's 3,783rd biggest community, but it is frequently in the top 20 for volume of posts per day.</p>\n<p>When a new member posts, Bayoukhi often responds saying, \"You are now family forever.\"</p>\n<p>\"HELL OF A TIME\"</p>\n<p>Reddit buyers sit at the end of a fat silver pipeline. Only about a quarter of the 1 billion ounces or so that are produced each year is used to manufacture the bars and coins that most of them are buying, analysts say. Most of the rest is used for jewellery and in industrial applications.</p>\n<p>Michael Mesaric, who runs the world's largest gold and silver refiner - Valcambi SA, in Switzerland - says the 1,000 ounce bars of silver used in the wholesale market are plentiful: For small investors to think they can corner the market is \"entirely wrong.\"</p>\n<p>\"They can engineer a squeeze on products,\" he said. \"But silver in total? They'll have a hell of a time.\"</p>\n<p>Investors will stockpile a lot of silver this year, but less than in 2020, according to consultants Metals Focus. Demand in the West is strong, but in India, one of the biggest silver consuming countries, the pandemic is reducing people's ability to buy, they say.</p>\n<p>Funds like Blackrock's stockpiled 331 million ounces - the most ever - in 2020, Metals Focus said in a report for the Silver Institute; bar and coin buyers took home 200 million ounces more. This year, the consultancy expects funds to hoard 150 million ounces - the second highest level ever - and bar and coin buyers 253 million ounces.</p>\n<p>Silver coins and bars can certainly hold their value. Higher inflation should lift prices, as will rising demand from makers of goods like electronics and solar panels, said Rhona O'Connell, an analyst at traders and brokers StoneX.</p>\n<p>But she, and others at companies that trade the metal, think predictions of $1,000 an ounce are out of this world.</p>\n<p>Of 39 analysts and traders polled by Reuters in April, only seven thought silver prices would average $30 or more in 2022. The highest average that they forecast was $44.</p>\n<p>Redditors are unmoved. Kraker, the restaurant worker, has begun reading obsessively about inflation, money supply and other economic data. \"There is a monster around the corner,\" he said. \"I'm trying to sharpen my stick.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Reddit's silver \"apes\" beat the market?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Reddit's silver \"apes\" beat the market?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-09 15:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON, July 9 (Reuters) - Kerry Kraker, 56, has worked in kitchens all his life. Since March he's spent around $100 a week - half his spare cash – on silver coins. He's part of a growing social media movement who say they are buying bars and coins for protection from a coming age of inflation.</p>\n<p>Thanks to a community of like-minded silver 'stackers' gathering on social-media platform Reddit Inc., Seattle-based Kraker says he also feels empowered.</p>\n<p>\"They are so encouraging and so convinced in the changes they can cause,\" Kraker, who lost his home in the financial crisis, told Reuters.</p>\n<p>Inspired by Reddit forum WallStreetBets, some of the 122,000-strong community hope to corner the market and bring down what they say is an unjust banking system.</p>\n<p>Market professionals say that is unlikely to succeed - there is plenty of silver, and central bankers in the United States and Europe expect inflation to stay in low single-digits.</p>\n<p>But bankers aren't getting through to this group.</p>\n<p>\"There's a bit of anger, like 'fuck the system.' If there's a back door to wealth, I might take that door because the front door is closed,\" said Kraker. \"The bankers and others have basically shut that door for everyone who is not themselves.\"</p>\n<p>The core of the movement is a Reddit community called Wall Street Silver, formed in January at the time WallStreetBets was marshalling an uprising of ordinary people against the financial elites, through coordinated buying of company shares.</p>\n<p>Reuters spoke to more than 20 members, who call themselves \"silverbacks\" and \"apes,\" have a home page featuring an image of an army of primates on the march from the \"Planet of the Apes\" movie, and say things like \"Ape like shiny.\" They organise \"raids\" – days on which everyone buys together.</p>\n<p>The group's founder, Ivan Bayoukhi, is a 24-year old former car salesman living with his parents in Alberta, Canada. \"NOW IS THE TIME TO WAKE UP AND TAKE THE POWER BACK IN THE HANDS OF THE PEOPLE,\" says</p>\n<p><a href=\"https://laohu8.com/S/AONE\">one</a> of his characteristic posts.</p>\n<p>Silver costs around $26 an ounce. Stackers think the price will rise as inflation erodes the value of currencies, demand for silver rises, and supplies run short. Some say that by buying up bars and coins, they can jack up prices by 100% or even 1,000%, to the point where they can call the shots against the so-called bullion banks, the large financial institutions which lead trade in precious metals.</p>\n<p>A March post Our time draws nigh...keep stacking and we will win the day! : Wallstreetsilver pictured silver coins laid out to spell a message to the head of JPMorgan Chase & Co, a U.S. investment bank which dominates the bullion trade: \"KISS MY ASS JAMIE DIMON.\" JPMorgan declined to comment.</p>\n<p>\"In a year or two we will have millions of people in the movement,\" Bayoukhi told Reuters. \"And then it will be over for the bullion banks.\"</p>\n<p>\"CORNER THE MARKET\"</p>\n<p>Prices of silver and gold, which are traditionally seen as safe stores of wealth, have risen since 2019: Gold is up around 40% and silver around 70% since then. The silver stackers are joining millions worldwide who believe currencies are vulnerable – a fear that has grown as governments borrowed and printed money in the pandemic.</p>\n<p>\"It scares me every day when this bomb will burst,\" said Tim Hack, a 23-year-old stacker in Germany. \"Silver and gold really have intrinsic physical value that you can even feel when you hold it in your hand.\"</p>\n<p>Posters on Reddit joined the silver fray on Jan. 27, when posts appeared on WallStreetBets saying that if enough people bought the metal, they could push prices to the moon.</p>\n<p>\"Corner the market,\" said <a href=\"https://laohu8.com/S/AONE.U\">one</a>.</p>\n<p>Adding to the impetus was an argument put forward on Reddit that big banks trade huge quantities of paper contracts for silver that they don't have in their possession, keeping prices lower than they should be.</p>\n<p>In some ways, that's correct.</p>\n<p>Contracts representing around 800 million ounces of silver are active in the New York futures market alone - more than twice the amount the exchange says is in its registered vaults, not all of which is available for delivery. Much of the silver that banks buy and sell in London, another big trading hub, is borrowed, bankers and traders say.</p>\n<p>If every professional who owns silver on paper called in their dues at once, there wouldn't be enough metal on hand, they agree. The system works because most people with contracts don't want actual metal, which they'd have to pay to store and insure. They are speculators, or miners and jewellers, hedging their risks.</p>\n<p>After the posts on WallStreetBets, around $3 billion rushed into a fund run by asset managers Blackrock that stores silver for investors. Blackrock said it added more than 100 ounces of silver to its stockpile in three days. Silver's wholesale price jumped nearly 20%.</p>\n<p>Much of the silver stored for Blackrock is in London. The London Bullion Market Association (LBMA), an industry body, later said that there had been \"concerns that London would run out of silver.\"</p>\n<p>Blackrock told Reuters it did not track where the money had come from.</p>\n<p>The Reddit group's founder Bayoukhi said he watched with growing excitement, turned to his father and said, \"Why don't I start a Wall Street silver community?\"</p>\n<p>\"FAMILY FOREVER\"</p>\n<p>There's also truth in Redditors' claims that big players can influence the silver market. One trader tactic is spoofing - sending out fake buy or sell orders to shift prices before completing the real trade.</p>\n<p>In 2020, JPMorgan paid $920 million to U.S. authorities to settle charges that its staff sent \"hundreds of thousands\" of fake orders into precious metals and Treasury markets. The bank said at the time that the people responsible had left and it had improved its compliance systems. It declined further comment for this story.</p>\n<p>But the impact of spoofing lasts only seconds or minutes, said Ross Norman, a London-based former precious metals trader.</p>\n<p>The January squeeze lasted three days. Then WallStreetBets returned its focus to stock markets; silver calmed. Since early February, the price of silver has fallen by a dollar.</p>\n<p>Undeterred, Wall Street Silver issues a deluge of tips, analysis, memes, photos and encouragement. It is only Reddit's 3,783rd biggest community, but it is frequently in the top 20 for volume of posts per day.</p>\n<p>When a new member posts, Bayoukhi often responds saying, \"You are now family forever.\"</p>\n<p>\"HELL OF A TIME\"</p>\n<p>Reddit buyers sit at the end of a fat silver pipeline. Only about a quarter of the 1 billion ounces or so that are produced each year is used to manufacture the bars and coins that most of them are buying, analysts say. Most of the rest is used for jewellery and in industrial applications.</p>\n<p>Michael Mesaric, who runs the world's largest gold and silver refiner - Valcambi SA, in Switzerland - says the 1,000 ounce bars of silver used in the wholesale market are plentiful: For small investors to think they can corner the market is \"entirely wrong.\"</p>\n<p>\"They can engineer a squeeze on products,\" he said. \"But silver in total? They'll have a hell of a time.\"</p>\n<p>Investors will stockpile a lot of silver this year, but less than in 2020, according to consultants Metals Focus. Demand in the West is strong, but in India, one of the biggest silver consuming countries, the pandemic is reducing people's ability to buy, they say.</p>\n<p>Funds like Blackrock's stockpiled 331 million ounces - the most ever - in 2020, Metals Focus said in a report for the Silver Institute; bar and coin buyers took home 200 million ounces more. This year, the consultancy expects funds to hoard 150 million ounces - the second highest level ever - and bar and coin buyers 253 million ounces.</p>\n<p>Silver coins and bars can certainly hold their value. Higher inflation should lift prices, as will rising demand from makers of goods like electronics and solar panels, said Rhona O'Connell, an analyst at traders and brokers StoneX.</p>\n<p>But she, and others at companies that trade the metal, think predictions of $1,000 an ounce are out of this world.</p>\n<p>Of 39 analysts and traders polled by Reuters in April, only seven thought silver prices would average $30 or more in 2022. The highest average that they forecast was $44.</p>\n<p>Redditors are unmoved. Kraker, the restaurant worker, has begun reading obsessively about inflation, money supply and other economic data. \"There is a monster around the corner,\" he said. \"I'm trying to sharpen my stick.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","BLK":"贝莱德"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150637899","content_text":"LONDON, July 9 (Reuters) - Kerry Kraker, 56, has worked in kitchens all his life. Since March he's spent around $100 a week - half his spare cash – on silver coins. He's part of a growing social media movement who say they are buying bars and coins for protection from a coming age of inflation.\nThanks to a community of like-minded silver 'stackers' gathering on social-media platform Reddit Inc., Seattle-based Kraker says he also feels empowered.\n\"They are so encouraging and so convinced in the changes they can cause,\" Kraker, who lost his home in the financial crisis, told Reuters.\nInspired by Reddit forum WallStreetBets, some of the 122,000-strong community hope to corner the market and bring down what they say is an unjust banking system.\nMarket professionals say that is unlikely to succeed - there is plenty of silver, and central bankers in the United States and Europe expect inflation to stay in low single-digits.\nBut bankers aren't getting through to this group.\n\"There's a bit of anger, like 'fuck the system.' If there's a back door to wealth, I might take that door because the front door is closed,\" said Kraker. \"The bankers and others have basically shut that door for everyone who is not themselves.\"\nThe core of the movement is a Reddit community called Wall Street Silver, formed in January at the time WallStreetBets was marshalling an uprising of ordinary people against the financial elites, through coordinated buying of company shares.\nReuters spoke to more than 20 members, who call themselves \"silverbacks\" and \"apes,\" have a home page featuring an image of an army of primates on the march from the \"Planet of the Apes\" movie, and say things like \"Ape like shiny.\" They organise \"raids\" – days on which everyone buys together.\nThe group's founder, Ivan Bayoukhi, is a 24-year old former car salesman living with his parents in Alberta, Canada. \"NOW IS THE TIME TO WAKE UP AND TAKE THE POWER BACK IN THE HANDS OF THE PEOPLE,\" says\none of his characteristic posts.\nSilver costs around $26 an ounce. Stackers think the price will rise as inflation erodes the value of currencies, demand for silver rises, and supplies run short. Some say that by buying up bars and coins, they can jack up prices by 100% or even 1,000%, to the point where they can call the shots against the so-called bullion banks, the large financial institutions which lead trade in precious metals.\nA March post Our time draws nigh...keep stacking and we will win the day! : Wallstreetsilver pictured silver coins laid out to spell a message to the head of JPMorgan Chase & Co, a U.S. investment bank which dominates the bullion trade: \"KISS MY ASS JAMIE DIMON.\" JPMorgan declined to comment.\n\"In a year or two we will have millions of people in the movement,\" Bayoukhi told Reuters. \"And then it will be over for the bullion banks.\"\n\"CORNER THE MARKET\"\nPrices of silver and gold, which are traditionally seen as safe stores of wealth, have risen since 2019: Gold is up around 40% and silver around 70% since then. The silver stackers are joining millions worldwide who believe currencies are vulnerable – a fear that has grown as governments borrowed and printed money in the pandemic.\n\"It scares me every day when this bomb will burst,\" said Tim Hack, a 23-year-old stacker in Germany. \"Silver and gold really have intrinsic physical value that you can even feel when you hold it in your hand.\"\nPosters on Reddit joined the silver fray on Jan. 27, when posts appeared on WallStreetBets saying that if enough people bought the metal, they could push prices to the moon.\n\"Corner the market,\" said one.\nAdding to the impetus was an argument put forward on Reddit that big banks trade huge quantities of paper contracts for silver that they don't have in their possession, keeping prices lower than they should be.\nIn some ways, that's correct.\nContracts representing around 800 million ounces of silver are active in the New York futures market alone - more than twice the amount the exchange says is in its registered vaults, not all of which is available for delivery. Much of the silver that banks buy and sell in London, another big trading hub, is borrowed, bankers and traders say.\nIf every professional who owns silver on paper called in their dues at once, there wouldn't be enough metal on hand, they agree. The system works because most people with contracts don't want actual metal, which they'd have to pay to store and insure. They are speculators, or miners and jewellers, hedging their risks.\nAfter the posts on WallStreetBets, around $3 billion rushed into a fund run by asset managers Blackrock that stores silver for investors. Blackrock said it added more than 100 ounces of silver to its stockpile in three days. Silver's wholesale price jumped nearly 20%.\nMuch of the silver stored for Blackrock is in London. The London Bullion Market Association (LBMA), an industry body, later said that there had been \"concerns that London would run out of silver.\"\nBlackrock told Reuters it did not track where the money had come from.\nThe Reddit group's founder Bayoukhi said he watched with growing excitement, turned to his father and said, \"Why don't I start a Wall Street silver community?\"\n\"FAMILY FOREVER\"\nThere's also truth in Redditors' claims that big players can influence the silver market. One trader tactic is spoofing - sending out fake buy or sell orders to shift prices before completing the real trade.\nIn 2020, JPMorgan paid $920 million to U.S. authorities to settle charges that its staff sent \"hundreds of thousands\" of fake orders into precious metals and Treasury markets. The bank said at the time that the people responsible had left and it had improved its compliance systems. It declined further comment for this story.\nBut the impact of spoofing lasts only seconds or minutes, said Ross Norman, a London-based former precious metals trader.\nThe January squeeze lasted three days. Then WallStreetBets returned its focus to stock markets; silver calmed. Since early February, the price of silver has fallen by a dollar.\nUndeterred, Wall Street Silver issues a deluge of tips, analysis, memes, photos and encouragement. It is only Reddit's 3,783rd biggest community, but it is frequently in the top 20 for volume of posts per day.\nWhen a new member posts, Bayoukhi often responds saying, \"You are now family forever.\"\n\"HELL OF A TIME\"\nReddit buyers sit at the end of a fat silver pipeline. Only about a quarter of the 1 billion ounces or so that are produced each year is used to manufacture the bars and coins that most of them are buying, analysts say. Most of the rest is used for jewellery and in industrial applications.\nMichael Mesaric, who runs the world's largest gold and silver refiner - Valcambi SA, in Switzerland - says the 1,000 ounce bars of silver used in the wholesale market are plentiful: For small investors to think they can corner the market is \"entirely wrong.\"\n\"They can engineer a squeeze on products,\" he said. \"But silver in total? They'll have a hell of a time.\"\nInvestors will stockpile a lot of silver this year, but less than in 2020, according to consultants Metals Focus. Demand in the West is strong, but in India, one of the biggest silver consuming countries, the pandemic is reducing people's ability to buy, they say.\nFunds like Blackrock's stockpiled 331 million ounces - the most ever - in 2020, Metals Focus said in a report for the Silver Institute; bar and coin buyers took home 200 million ounces more. This year, the consultancy expects funds to hoard 150 million ounces - the second highest level ever - and bar and coin buyers 253 million ounces.\nSilver coins and bars can certainly hold their value. Higher inflation should lift prices, as will rising demand from makers of goods like electronics and solar panels, said Rhona O'Connell, an analyst at traders and brokers StoneX.\nBut she, and others at companies that trade the metal, think predictions of $1,000 an ounce are out of this world.\nOf 39 analysts and traders polled by Reuters in April, only seven thought silver prices would average $30 or more in 2022. The highest average that they forecast was $44.\nRedditors are unmoved. Kraker, the restaurant worker, has begun reading obsessively about inflation, money supply and other economic data. \"There is a monster around the corner,\" he said. \"I'm trying to sharpen my stick.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
