Going Dutch
https://www.railpictures.net/photo/882503/

Silver came through. Gold did enough. Shares not so much.

Thinking we need about a $30 up day in gold tomorrow. Good to see silver back above $36 and not collapsing.

It’s never easy. The dollar has fallen 3 straight days and hasn’t helped, so there’s that. Flip a coin.

https://www.zerohedge.com/news/2025-06-25/gold-germany-and-now-italy-want-245-billion-back

I’d hoped we’d do a little better in the shares, and gold will need a stronger day tomorrow, but there’s a chance we can crawl out of the malaise.

I guess we’ll see how they close em’. Like the move in silver, hope it starts to perk up.

… might stand for delivery at the CME starting Friday … and lasting all July.

Chances are this won’t happen as much of the open interest is undoubtedly speculators … but even 90 million ounces would be a new record and put quite a whole in their supply.

Uncle Jed would say … ‘well doggies’ … ‘the bankers are going to end up with the seat of their britches on fire’

Chuckle

… in order to lock you down and show who is boss … to show you why you need radical change … a new currency regime you better accept and keep your mouth shut …

Trump’s ‘High Risk Game’ in Middle East Threatens ‘World War 3’: Doug Casey

If Iran’s leaders are part of this game (like the Nazi’s in WWII) … expect a reescalation of aggression after a brief pause.

Nukes this time?

Although it would be Kabuki (for public consumption) … don’t be surprised if somebody (somewhere) that doesn’t really matter get nuked … and for lockdowns (everywhere?) to follow … color revolutions around the world certainly fits the bill as an excuse. (stay inside and shut up).

Then you get CBDC’s shoved up your butt.

It’s a beautiful world. (if you are a high-level parasite).

Chuckle

BIS Claims Stablecoins Fail As Money, Calls For Strict Limits On Their Role

The parasite mafia ring leaders don’t want stable coins moving in on their action.

BIS Claims Stablecoins Fail As Money, Calls For Strict Limits On Their Role | ZeroHedge

Now isn’t that too bad.

This is just like the 30’s when states, banks, and cities were issuing their own currencies that eventually went worthless.

The cabal needs a monopoly, or their bankrupt credit currency scam will go belly up … too bad.

Don’t give it to them … buy and use real money whenever possible … gold and silver.

Cheers all

About darn time. Just need it to keep going a little and these shares to kick it in gear for some confirmation.

They’ll fight it as always.

as you know, I think we’ll hold. The dollar is doing its job today, and hitting the metal early, but I think we’ll square up. The silver shares are attempting to hold again, I think that’s bullish too. We are getting close to the end of month and the last two month ends have sucked, so there’s that. I’m still bullish until GLD completely blows down through the 50 dma, if that happens then we head to your $3100 area at least. We’ll see.

I’m wrong a lot but who knows, even a blind squirrel gets an acorn now and then. 🙂

edit: NEM just popped positive, I like the fact that it has led the whole way up, and silver about to go green.

NVDA and NFLX hit new all-time highs this am. Unbelievable to me. Absolutely nothing hurts the SM, nothing.

There is a decent case to say that we are in a C wave down in Gold, under Elliot wave analysis….if so the move has been relatively flat/sideways…so far…which suggest huge bullish power, when the correction is over..ie if we hold a 3500/3100 range .

Financial world anyway.

Nothing cooking in pm’s, pm shares, or the SM – flat. Dollar, rates – flat. Oil up 1%. Bitcoin up almost 1%.

Very little eco data. Nothing that will move markets.

Just hoping gold stabilizes and bounces a little today, with a bigger bounce tomorrow that moves it away from the 50 dma.

Hope stinks eternal.

Ystdy I put up a post talking about how bad the financial situation is in Japan…….ie

Japan’s debt markets are beginning to blow up.

Japan is the grandfather of monetary policy insanity. Every crazy move western central banks have introduced in the last 15 years was first introduced by Japan a decade earlier. The U.S. first introduced Zero Interest Rate Policy (ZIRP) and Quantitative Easing (QE) in 2008. Japan’s central bank, the Bank of Japan (BoJ) introduced that lunacy in 1999 and 2001, respectively.

Since that, the BoJ has:

Bought so many shares in Japanese stocks that it is the largest shareholder of Japanese stocks in the world. Indeed, it is a top 10-shareholder in 40% of the companies trading on Japan’s stock market: the Nikkei.

Acquired over 50% of Japan’s debt outstanding.

Launched a single QE program equal to 25% of Japan’s GDP.

Cut interest rates to NEGATIVE

here is a monthly chart of Dollar/Yen…..with monster base that says the Yen could more than halve from here…..ie the Crisis is real and going to get way worse.

Yesterday. Computers say more unrest to do with war. Canada paying more for NATO preparing for war. Going to start a draft. Things will heat up in summer pointing out August further on around 26-27 minutes in. Europe globalist knows people aren’t gonna put up with their purposeful suppression and demise of their country’s knowing they had enough of their BS and  their time is running out and when they become more dangerous to the citizens like increasing censorship, if the patriots continue to commit to each other to fight back and they see they will  become more popular  numbers the globalists will loose their power over them.

Officer’s Special: Beach to Desert
https://www.railpictures.net/photo/882435/

Leavitt is starting to sound as dumb as the black labradoodle. And it’s sounding more and more like Iraq except that Iran is working towards a bomb. “Everyone knows what happens when you drop fourteen 30,000lb bombs perfectly on their targets: total obliteration.”

Yeah, but they aren’t 30,000lb bombs, sweetheart. It’s a 5,342lb bomb in a 27,000lb body. By comparison, Britain’s Grand Slam, a development of Barnes Wallis’s original Tallboy earthquake bomb, was 9,500lb of explosive in a 12,500lb casing, making the modified Lancasters almost unflyable, but hey that’s what “very brave pilots” are for.

Total obliteration? You just don’t know. You’ve no way of verifying what happened in the mountain. And if the targets had been moved (you don’t need all them trucks for 400kg of uranium) then they weren’t “perfectly on their targets”.

And Trump’s “very brave pilots” flying at high altitude over an area with no aircraft and vastly diminished air defences: yeah, all operations have risks, but for this one the greater risks were probably refuelling problems rather than the enemy.

Contrast all this fluff and bluster with the measured, understated comments of Ian MacDonald, MOD spokesman during the Falklands war.

One of Armstrong’s more recent videos, can’t remember which one I scanned through due to the side tracks of memory lane away from current events and limited time waiting for whatever topic bait and switch thing at the end of it when he was asked he said silver will hit 50 dollars. I don’t know how accurate he is on short term predictions. What ever video it was I posted it here and near the end of it.

I’m probably foolishly optimistic, but I do think they’ll hold. I was glad to see GLD close back above the 50 day, not by much but still. We’ll need to see a bounce tomorrow I think, but they owe us some gains given the dollar action, rates too.

The shares are just the shares, they’ll take any opportunity they can to sell them down. Would’ve preferred the HUI above 420, but they chose today to grind down the large caps, they made that apparent from the get-go. Volume was above avg. in most of the large caps, not sure if they were buying the dips or headed toward the exits. I’d think they were buying. We still haven’t had a good run in these shares, they constantly get beaten back.

I thought the silver shares rebounded nicely from the early morning beatdown, so that gives me hope. Silver got back half of the early losses.

Onward and upward old man! Thanks for checkin’ in. 🙂

I remember that Mr.Copper

We will never see Gold below $3,200/oz , and we will never see Silver below $32/oz. To me they are now support levels. Futures Metals Charts Daily

PS actually these days $3300 might be support

Will 3300 and 35 hold?
Don’t tell me you don’t know, because I know you know. 😁

That as the metals gain a little traction, the shares start to slip. It’s so rigged and non-sensical.

Would like to see the HUI close above 420 and GLD back above the 50 dam. Would give a little confidence that this is just more shenanigans.

I’ll miss your post but be glad your taking a break and taking care of yourself.

The worst indicator I’m seeing is that GLD has dropped just below the 50 dma for the first time all year. Hopefully as the day goes by it pops back above and is a head fake down.

The silver shares seem to be outperforming. Not sure why.

It appears for some reason everyone think the risk off trade is back on and commodities are getting worked across the board, but mostly pm’s and oil.

All the action makes very little sense given the dollar weakness and rates falling.

Gold hasn’t moved in quite a while now and it always seems with gold if it’s not going forward it’s going backward. That bothers me, but the action in the dollar should be friendly if it continues.

The hope is that this might be very temporary. We’ll see how they close them.