Loading ...This one came out fast and talking about what happened. They took out the stops.
Pretty good info on what’s going on starting with the shooting star.
AG guy
Looks like they got us now
all metals getting whacked. Palladium getting monkey hammered, down 12.6%, Plat down 7%
By those metrics, silver down 4% and above $76 doesn’t seem so bad. gold only down 1.5%
I still am unable to find the live Shanghai price, so no idea what’s happening over there. I’d assume it’s down there too. Weird to me that it’s not easily accessible on the internet FFS.
I guess it’s London’s turn now to play. Will they cover or add more shorts?
Nothing in stock market is status quo but he has a point
2026 is a election year. They want a booming stock market, assets. Money printing will make people poorer but market richer. Much we know as gold and the dollar. Not that relevant with the other metals due to demand. If companies need help like AI, Nvidia they’re probably going to get it if that’s how it goes and hope not via printing press but if from the Fed probably will.
Info
Gold eagles exempt on Federal level.
Surprisingly even though you can still use it at face value if someone doesn’t recognize it older 90 percent bags 1000 dollar or more dimes quarters bags must be reported on Fed level in dealer stores. Keep them singular as barter.
Already I noticed adds are coming out for counterfeit or plated clad coins advertised as real. I’ve seen adds come out for complete sets of Morgan silver for about 130/ 140 dollars and other metais that would never sell that low especially now if real. Strange names and no phone number.
Buygold
Yeah thanks I see that. Platinum tapered off. Well we might not see the scenario of blowing past 80 gap up tomorrow like Asian guy mentioned. We won’t have any real gaps less something happens before then. I don’t want to see anybody in a gap trap less conditions for continuation. We won’t be in first for any change but better up than down if just holding. Fed may try to bring the dollar up this month. I suspect that when it gets closer to a new Fed chair and one that wants QE we will see move up with that too even before the change of guard. It’s not really necessary though because this isn’t about the dollar.
Mainly it’s a critical supply issue. China is buying but not selling and preventing China’s miners from selling directly out of the country while looking for mines elsewhere themselves. I saw recently they bought a copper mine. I hope these mines realize they are in a position they dont need to sell out their metal, just sell. Chinas looking for Copper and Aluminum too.
It was David Hunter that initially predicted all this. When I first posted his higher prices I thought it probably won’t get that high but was nice to hear after years of opression but now everyone’s on the bandwagon with different speculative numbers. Good thing is it might not reflect the currencies but the supply chains except oil.
