Loading ...Excusez moi ?
Ipso – Ha!
Barely a scratch. 🙂
I think I’m the only one who’s posted the last few hours. All you guys are hiding.
I just called a local buyer
I told them that I heard buyers weren’t taking junk silver.T hey said its just on hold. They are taking it because they’re not in a hurry to sell it but won’t bring the prices people would expect. 60 percent. So with the refinery issues they are getting a discount by holding it for now.
For all the weeping and gnashing of teeth
Gold still closed above $4200 and silver near $52.
The shares always do the most damage, and they were trashed as usual.
Hoping for a spike down Sunday night/Monday am followed by a reversal.
Could have been a lot worse and has been before, but if you were holding palladium today, you’d not be happy. Down $142, – 9% or platinum even, down $100, -6%. I thought the exchanges would stop trading once they were down a certain percentage. Maybe that’s only if they go up a certain percentage.
I’m pretty sure the supply problems in silver or delivery demands in gold haven’t been fixed since yesterday. They are rallying quite nicely in the AH’s, silver has just about retaken $52, gold up $20.
HUI close above 640
Would probably be a solid development.
Deer79, Captain
Deer79 – I think that’s a great move here. The shares are over done in this one session. Some down over 10% on a 2% move in gold? Craziness. They will come roaring back.
Captain – I’d think if they wanted delivery yesterday, they’d want it even more today.
This is a gift.
Platinum and palladium are getting crushed.
Biden or Obama would have loved this
“Outraged” Trump Refuses To Adhere To Global Carbon Tax On Shipping
The United States will vote “no” to a global carbon tax proposed by the International Maritime Organization (IMO) on Oct. 17, President Donald Trump said on Truth Social.
“I am outraged that the International Maritime Organization is voting in London this week to pass a global Carbon Tax,” he said in the post on Oct. 16, urging others to reject the proposal.
“The United States will NOT stand for this Global Green New Scam Tax on Shipping, and will not adhere to it in any way, shape, or form.
“We will not tolerate increased prices on American Consumers OR the creation of a Green New Scam Bureaucracy to spend YOUR money on their Green dreams.”
The net-zero framework proposal that was put before the U.N. agency specializing in regulating marine transport would require ships to comply with a global fuel standard for large oceangoing vessels, 5,000 tons or larger, to force the shipping industry’s greenhouse gas emissions down to net zero by 2050.
https://www.zerohedge.com/geopolitical/outraged-trump-refuses-adhere-global-carbon-tax-shipping
FWIW
I’m starting to nibble on a few shares here…
The run on physical gold accelerates
Oct 17, 2025 11:00 AM
Yesterday (Oct 16) 3,878 new contracts (12 tonne) were written on the October contract. Since the October contract is in the delivery period this activity is for physical metal to be delivered by the end of the month. That one day buy is just 19 shy of the single day record which was set earlier this year during the Feb 2025 contract. See the plot below to put things in context.
A glimmer of hope in the UK …
… to thwart the commies and their efforts to imprison their subjects …
CBDC’s are bullocks.
Chuckle
Buygold
Yeah they need more fiat to buy more phyzz they owe for delivery they didn’t have and maybe buy some for themselves while their at it.
I might be crazy
but a violent selloff like this is exactly what we needed. The more violent, the sooner we rebound. I’m thinking this is just the first of a few more to come. I know in the 70’s and 1980, the swings were monstrous on their way to $800. Heck, they saw $200 swings. This is really nothing, unless it goes on for a while, but I’m not sure it will. When we start having $500 swings, we’ll know we are getting close to the end.
I might add, if you look at the chart of GLD, there has been a down move like this every 4-7 days all the way up since this really got going in September. The SLV and HUI are somewhat similar.
Every time since then this has been bought and moved much higher
It’s a given that I’m not at all right in the head, but just my two cents. 🙂
Bears are going ape…having real fun…..
up the stairs down the elevator….
Maddog @ 9:32
“Fly on the wall” That would be a real reality sandwich! How does the world really work?
Maddog
“$300” All I can say to that is Righto! 🙂
Ipsofacto
Re Orban, Trump and Putin
That is a big coup for Orban and a large kick in the balls for the Globalists…..I would love to be a fly on the wall when the three of them get together …….some serious truths will be told.
ipsofacto
I read yesterday that the 2011 $ 50 hi in Silver was a third of what the 80’s equivalent inflation adjusted….so with more inflation around since ….today would need $ 300 …..
Buygold
Sellers are not getting the scum to really pile on……hence
Fingers crossed! A glimmer
Orbán Viktor
@PM_ViktorOrban
·
17h
I just got off the phone with President @realDonaldTrump. Preparations for the USA-Russia peace summit are underway.
Hungary is the island of PEACE!
All over the map
Sellers don’t seem too sure about what to do.
Maddog
Yes I looked it up lol That’s what I was talking about though because there the ones that use cat.converters that use platinum or so I thought. I was surprised to read that they were using Palladium and switched to platinum as a cheaper option. I think I need to go back to sleep before the sun comes up here. 5:32 here.