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The Good Morning Report – 3rd Feb 2006

Posted on February 3, 2026

5 Things that Grabbed my Attention

1. The Xi Man wants the Renminbi (YUAN) to become a global reserve currency….I think the Chinese are going to have to buy a heap more GOLD to build confidence with the market in order to make it happen.

2. All futures markets ramped up margins again on GOLD, SILVER, PLATINIUM and PALLADIUM…….Those that have been using big leverage to trade PRECIOUS METALS got destroyed in this cleanout….Now you know why I have never recommended gearing up to get exposure.

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