Posted by Buygold
@ 15:20 on August 4, 2026
Quite the contrast between what we’re seeing and what the QQQ’s have done today. They have tripled since the first hour, we have gone nowhere.
There’s no volume in the shares to sustain or better yet increase the gains. Some of the silver shares have performed well, but even those don’t have average volume. NEM volume is anemic. $4100 was sold immediately. The 50 day on GDX has been defended and capped.
I think today we’re just fortunate the SM is ripping, otherwise we’d have nothing. They may have succeeded in driving out all potential investors other than shorts. Unfortunately, we’re probably going to give the last couple of days gains back in the next few days.
Posted by Maddog
@ 15:19 on August 4, 2026
Posted by Maddog
@ 14:49 on August 4, 2026
Posted by deer79
@ 14:39 on August 4, 2026
Maxwell House in affect…..
Posted by Maddog
@ 14:31 on August 4, 2026
Posted by aufever
@ 13:27 on August 4, 2026
Someone vewwy worried bout $60 silver, huh
Posted by treefrog
@ 13:09 on August 4, 2026
a glimpse of the promised land ??
(gold made it over $4100 briefly, brent’s wearing a 7 handle.)
Posted by Buygold
@ 12:53 on August 4, 2026
Trying but keeps falling short. Maybe silver above $60 will do it?
SM is just ridiculous. Monopoly money going in there.
Looks like I’m on an island today. Everyone is quiet. No true believers? 🤣
Posted by Buygold
@ 11:00 on August 4, 2026
Having a good day. Better get it while they can. One hiccup this afternoon and it will be gone.
Posted by Buygold
@ 10:43 on August 4, 2026
We’re even weaker than I thought. That’s really hard to believe. 🤬
Posted by Buygold
@ 10:25 on August 4, 2026
No doubt just the first of many today.
Posted by treefrog
@ 10:17 on August 4, 2026
…both dropping like bill clinton’s boxers in an arkansas trailer park
Posted by Buygold
@ 9:44 on August 4, 2026
GDX making a 2nd attempt to bust the 50 day. Gold is going to need to help at some point.
Posted by Maddog
@ 9:41 on August 4, 2026
Early break outs from under major trend lines



Posted by Buygold
@ 9:35 on August 4, 2026
first point of contention.
Posted by Buygold
@ 9:21 on August 4, 2026
I see the 9 am EST seller has come in to do his thing. They don’t want anyone coming into the pm sector, period.
Hopefully though, with the buying going on in the other metals, they’ll overwhelm the shorts. I don’t know, hard to bank on that happening.
Oil now has a $77 handle.
Posted by treefrog
@ 9:08 on August 4, 2026
looks like similar pattern in silver. somebody/something is trying to stop it shy of $ixty.
Posted by Maddog
@ 8:42 on August 4, 2026
Posted by Maddog
@ 7:51 on August 4, 2026
Posted by Maddog
@ 7:46 on August 4, 2026
That diff between Plat and Gold tells me the shorts are adding in AU.
Posted by Maddog
@ 7:44 on August 4, 2026
Re Swiss…there really is no currency to rival Gold anymore, the Deutsche Mark was there once, but the Euro is a sick joke and even the Swissy can’t manage it now…..no wonder CB’s are buying…..
It looks to me there is monster buying sub 4 K and a load of shorts, who are finding it v hard to get it any lower, despite selling every rally and now I see someone has lit a fire under Plat and to lesser extent Palladium…..plus shares are now catching bids, as people wake up to what a bargain they are.

Posted by Buygold
@ 7:36 on August 4, 2026
Palladium up $38 – 4%
SM futures powering up.
Gold up 0.2%
Impressive.
Posted by Buygold
@ 6:29 on August 4, 2026
sounds like it is no longer significant at least as gold is concerned. All these currencies seem close to a reckoning; I just wonder who will push the world, if anyone, toward a system backed by commodities.
The usual next day action for pm’s, going nowhere fast. Silver looked like it had some potential overnight, but has done the usual fade after the London open.
Dollar flat, rates up 2 bips, oil up a buck and change. Pick anyone and the pm correlation is down.
Course, the SM futures are on their way up again, because, why not?
Posted by Maya
@ 3:45 on August 4, 2026
Posted by ipso facto
@ 22:16 on August 3, 2026
That the central banks control the world. The Fed and all the others … and it’s not healthy for you if you’re a country that doesn’t want to belong to the club!