Solana

it's time to take correction towards deep 102 ....be ready to have a Blood Bath.....

please you guys to show me how to play this please

JPMorgan is working with Solana to enable financial institutions settle trades onchain.

going to nose dive....fake dead cat bounce....

China continues to accumulate gold! As global central banks persist with gold purchases, Goldman Sachs calculated that a total of 59 tonnes of gold was bought in August, with at least 24 tonnes of that going into China's coffers. Goldman Sachs projects that global central banks will maintain monthly purchases of around 50 tonnes through the end of 2026, with this figure continuing at a rate of 50–60 tonnes per month in 2027. Analysts note that these purchases provide a lasting structural floor for gold prices. While numerous central banks preparing to boost reserves generate demand that limits downside risk for gold prices, China alone reportedly purchased 24 tonnes of gold in July. The acceleration in China's robust buying is expected to have a more pronounced impact on prices. Central banks are set to continue buying; Goldman Sachs views the trend of reserve diversification among central banks as a structural shift rather than a temporary one—a perspective supported by a World Gold Council survey of 76 central banks. Eighty-five percent of the central banks surveyed stated they plan to increase their gold reserves over the next 12 months, marking the highest level recorded in the survey's history. Ninety percent of participants anticipate an increase in the aggregate gold reserves of global central banks, with none expecting a decline. According to experts, geopolitical uncertainties and a reassessment of risks associated with dollar-denominated assets are driving an increase in gold's weighting within official reserves. While China's purchases of 24 tonnes in July and 59 tonnes in August are particularly notable, Beijing's practice of reporting reserve data with a lag makes real-time tracking difficult. According to Goldman Sachs, given the monthly pace of purchases, demand from central banks will continue to be one of the strongest and most stable sources of support for the gold market in the coming years. Bloomberg

Eric Sprott states that major economies—such as the US, Canada, the UK, and Japan—are operating under a print as long as we can mentality, and that this cycle of irresponsible spending is fundamentally undermining confidence in fiat currencies. According to Sprott, in an environment where paper money is losing its credibility, investors will inevitably be compelled to turn toward physical, tangible assets. Emphasizing that geopolitical risks and the deepening debt crisis are the primary drivers of this trend, Sprott predicted that liquidity would rush into physical gold as a safe haven. —Bloomberg

Alarm bells in global markets! China withdraws 890 billion yuan from the market and shifts to gold ETFs. The People's Bank of China's withdrawal of 890 billion yuan has sparked concern in the global economy. While the decline in US bond holdings and rising gold reserves draw attention, experts note that this signals a shift in financial balances. LIQUIDITY CONTRACTION STANDS OUT. According to experts, this move could be a step toward cooling the economy or part of a broader strategy. Withdrawing such a large amount of capital from the market indicates a tightening of financial conditions. PULLBACK IN US BONDS. It appears China is altering its strategy not only domestically but also on a global scale. Reports indicate that the country's holdings of US Treasury bonds have fallen to approximately $694 billion—the lowest level in 20 years. GOLD RESERVES RISING. Meanwhile, China continues to increase its gold reserves. Recent data shows reserves exceeding 74 million ounces. This trend is interpreted as a move by nations toward safer assets during periods of economic uncertainty. Bloomberg

Gold to Replace the Dollar... He Predicted the 2008 Crisis! US Economist Peter Schiff Makes a Striking Statement... US economist Peter Schiff, who foresaw the 2008 crisis, stated that the global economy is drifting toward a new and far more severe crisis. Pointing to the record surges in gold and silver prices, Schiff noted that central banks—particularly those of the Shanghai Cooperation Organization nations led by China—are rapidly and aggressively moving away from the dollar and increasing their physical gold reserves at every opportunity; he asserted that the looming crisis would make the 2008 crash look like a school picnic and that gold would take the place of the US dollar. (Bloomberg)

Global balances have shifted in favor of gold! Experts note that the efforts of central banks to rapidly convert reserves from US dollars and bonds into physical gold signal a global transition toward physical gold as a form of hard currency, and that these developments could herald significant changes in the global financial system. However, contrary to some claims, it is stated that it is too early to interpret the current situation directly as a Great Depression scenario. Economists emphasize that the steps taken by central banks generally involve multi-faceted strategies and that such developments require careful monitoring.

Bank of Japan (BOJ): The central bank reported selling a significant portion of its US Treasury bonds and dollars in exchange for physical gold; this shift in reserves is expected to continue, leading to a further reduction in the weight of US Treasury bonds in its portfolio and an increase in physical gold reserves. (Bloomberg)