How come we don’t run into these guys?.

If there is a God … this should washout as a breakout test … as Comex open interest (OI) is still under 500k and it should get pounded back down with this selling.

And for silver it’s the same story … OI is low and should see a lot of liquidation today.

Metals Daily Exchange Volume & Open Interest – CME Group

The price managers will have a lot tougher time trying to pull off this crap next time as well.

March is the next big delivery month and it will come fast.

If January and February see high delivery levels too … which is very possible considering the rush to secure physical by corporate interests in this challenged delivery environment … The Ides of March could be a replay for the cabal.

I see the shares doing very well in the first quarter (half?) all things considered … especially value-oriented silver stocks … many will be surprised. (JMHO)

Cheers all

Wall Street Mav
@WallStreetMav
·
Dec 27
“would you like a free candy bar or a free silver bar?”

– @MarkDice

https://x.com/i/status/2004979179989991887

Yes I head that too. My magic phone says…

Yes, recent financial news and market analysis from late 2025 indicate a significant shift where JP Morgan (JPM) reportedly closed massive short positions and acquired roughly 750 million ounces of physical silver, making them the world’s largest private holder, a move contrasting with their historical role in suppressing prices and sparking speculation about future price surge

so, all on the up and up then?

Just normal market action that will be cleared up by the charts?

I agree! The retail traders at Crimex better watch out because the exchange changes the rules to protect the exchange and the big players. Small traders can get ground into dust. Better to stay away from that action!

massive. It not only looks like a lot of selling but a lot of new shorts are being put on.

We’ve seen some pretty bad crashes over the years, but I’ve never seen anything as bad as what is happening to plat and pall.

eeos – you’re right about the shares. They barely moved during the last $10 in silver and $200 in gold. but when the metals go down, they tank like nobody’s business.

First hour about over. Hopefully some shorts will start to cover as the day wears on.

Re Ag margin rise……The margin rise to 27 K was scheduled from last week……and is till under 8 % …..very little.

IMO this a no news attack on a mkt that was/is miles o/b has loads of shorts badly caught and the Big Boys had lost control of……we may now build a huge bull flag up here, before we run again……the ranges will be wild…also if the revaluation theory is correct, then this attack is Globlists, trying to wreck Trumps plans….Hpefully they are selling into a bull trap.

As of now look like they want to get Gold sub 4218, to paint a monthly reversal…..

Goldie – yeah, is the story about the guy offering $200 true? I don’t understand when he said the metal price was compressing and narrowing the gap with the paper price. If gold was trading at $86 in Shanghai, how could it be compressing toward $72 if Shanghai is closed. He also has a video out discussing JPM’s 750 million oz., that they’ve flipped long. I’ve heard that a little while ago from Andy Schectman or one of the other commentators.

Ipso – never underestimate the continued foolishness of a gambler. I know this firsthand. 🙂 Anyone who plays there is crazy, anyone who hedges there is crazy. They favor the banks and will wipe anyone out to protect the banks.

Apparently, there were a lot of fresh new longs in the platinum and palladium markets that needed a good fleecing. You know there’s had to have been a ton of new buying in those markets over the last couple weeks. Poof!

I see the shares are no longer hanging in there, HUI down 47 over 6%.

As bad as this is, and it sucks. If you had told me a year ago that gold would be at $4300, silver $72 and HUI over 700 at the end of the year, I probably would have laughed at you.

This is still IT!! and IT is not over yet. Eff the Crimex and their filthy banks.

None of my mining stocks would reciprocate with a higher spot price, but they always do with a lower spot price. Rip off city

$80 Silver: “This Is Not Good!” Elon Musk’s Silver Panic and the Coming Industrial Apocalypse

It’s the tweet that just lit a match on a planet-sized tinderbox. The day after Christmas, 2025, Elon Musk; the world’s richest man, the architect of our electric future, and the planet’s most important industrialist, sent a simple, terrifying message to his hundreds of millions of followers: “This is not good. Silver is needed in many industrial processes.”

In nine simple words, the ultimate insider just confirmed everything we have been screaming from the rooftops for years. The silver crisis is not coming. It is here. And the man who needs it more than anyone is now publicly panicking. This is your final warning and siren call.

For decades, the financial establishment has dismissed silver as “gold’s poor cousin,” a volatile commodity, a relic of a bygone era. They built a casino of paper contracts, the COMEX, to suppress its price, creating a fantasy world where a critical, irreplaceable industrial metal was treated like a penny stock.

This manipulation served two purposes: it allowed corrupt governments to demonetize real money in favor of their trash fiat currencies, and it provided a massive, multi-decade subsidy to the entire global technology and manufacturing complex.

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Every iPhone, every solar panel, every EV, every server in every data center was built on the back of artificially cheap silver.

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That subsidy has just ended. The bill is now due. And the market is responding with a ferocity that is shaking the foundations of the global economy. In the last month alone, the price of silver has exploded by over $22. In the last five days, it has surged more than $14.

Having started 2025 under $30 an ounce, it is now, as of December 28th, clawing at the door of $80. The previous all-time highs of ~$50 set in 1980 and 2011 are not just broken; they have been obliterated.

This is not a rally. This is a repricing. This is the market discovering, in real-time, that the emperor of the paper markets has no clothes.

Elon Musk’s tweet was not the cause of this explosion; it was the validation of it. It was the public admission from the world’s most important consumer of silver that the physical supply is gone. The panic is on.

There is a perfect storm of events lining up all at the same time;

• a strategic export ban from China
• a desperate stockpiling effort by the U.S. government
• and an awakening of both industrial and retail buyers

This is all converging to create the mother of all shortages. The bankers who shorted this strategic asset are about to be vaporized. The manufacturers who built their empires on cheap silver are about to face a crisis of unimaginable proportions.

And the people who understand what is happening are about to witness the greatest wealth transfer in human history. Welcome to the Great Silver Awakening. Game on.

Let’s Dig Into The Following:

1. The silver impact on Elon Musk’s entire multi-trillion-dollar empire; from the electric vehicles at Tesla to the rockets at SpaceX, the solar panels at SolarCity, the data centers for xAI, and the circuits in his Optimus humanoid robots, are ALL existentially dependent on a massive, reliable, and growing supply of silver.
2. The multi-decade price suppression has devastated silver’s supply side. With prices kept artificially low for so long, there was no incentive to invest in new primary silver mines. Annual silver production (70-80%) remains tied to demand for other metals being mined, not silver itself. This has created a structurally inelastic supply, unable to respond quickly to surges in silver-specific demand or price!
3. China is set to restrict exports, beginning January 1, creating a massive accelerant on the fire of the global supply deficit.
4. The current silver rush is not just being driven by industrial users and governments. It is being powered by a global popular uprising, a “Great Awakening” of retail investors who are finally demanding their money back. Here’s why the retail and institutional investment demand is about to go into hyperdrive!
5. The stock prices, which have been dormant for years, are starting to re-rate higher, but will do so soon with a violence that will make the dot-com boom look tame. The value of their in-ground reserves, which were once considered uneconomic, will be reassessed at multiples of their current valuation, as the coming mining wars explode!
6. And why Elon Musk was right …. The silver situation is “not good.”

Metals and Miners

China price, could be because China has the silver where the comex paper traitors ” yes Ferrett I spelled that right” desperados don’t. So I thought this would destroy their reputation, not to mention the economy if business can’t buy.. Least we learned something if true. The businesses are willing to buy it currently for up to 200 a ounce. Wonder what are the online dealers pricing it at now. However the big buyers I could see them letting them bring the price down but will need more and soon retirement funds will be able to buy.

The BRICS countries are moving away from the US dollar as the currency that settles international transactions, and gold is an integral part of the new settlement mechanism.

The Unit

On Oct. 31, 2025, researchers launched a pilot to test a gold-anchored settlement “Unit” inside the 10-member BRICS+ bloc of countries, which includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates.

This was followed by a Unit prototype launched on Dec. 8.

The four original BRICS members were Brazil, Russia, India, China and South Africa. The six additional countries were invited to become BRICS members following the 2023 BRICS Summit.

The Unit is a “digital trade currency” pilot created for settlement between BRICS economies. The initiative came from IRIAS, the International Research Institute for Advanced Systems.

Importantly, the Unit does not replace national currencies. Rather, it aims to act as a neutral settlement tool that reduces reliance on the US dollar in trade between BRICS economies.

According to CCN:

• The BRICS Unit is a gold-anchored digital trade currency designed for cross-border settlement.

• Its launch coincides with record public anxiety about dollar debasement, as shown in Google Trends data shared by Bloomberg.

• The prototype uses a 40% gold and 60% BRICS-currency basket that adjusts daily.

• The pilot signals a structural move toward de-dollarization and strengthens long-term global demand for gold.

Why are the BRICS doing this?

Regarding bullet point two, CCN says public interest in dollar debasement has reached a new peak. It cites Google Trends data shared by Bloomberg Opinion that shows an unprecedented spike in searches for the term during the last quarter of 2025.

There are several reasons why the BRICS created the Unit to trade without the dollar. Members face sanctions, high dollar borrowing costs, and volatility tied to US monetary policy.

The Unit would allow them to settle trade without using US banks; store value using gold instead of foreign currency reserves; reduce exposure to dollar liquidity shocks and build a monetary framework independent of Western systems.

Macro trends driving the initiative include US deficit spending, with heavy borrowing raising doubts about the dollar’s long-term strength; geopolitical fragmentation, with rival blocs seeking options beyond dollar-based systems; elevated inflation which is pushing capital into more stable assets; declining purchasing power, with many currencies losing value faster than wages or savings can keep up; and rising gold demand, with central banks continuing to increase their reserves.

Hope that continues, would be a sign that this is just a blip.

and reducing position limits to protect the banks and their shorts. Anyone who plays in the western markets is a fool. They’ve literally just pulled the plug out on long contract profits. They’re wiping out a whole slew of players in platinum and palladium, that are getting brutalized even worse.

Don’t know where the freefall stops. All gains in silver from Friday are gone. I sure hope that the folks who can take delivery do.

We’ll see if this changes the trend for a while depending on how deep the forced selling is.

What I don’t understand is that the spread vs. physical is compressing? If the price in Shanghai is $86, how is that possible?

Right I noticed that too along with this which seemed comical calling the comex a paper market   Like saying they don’t have it..

paper markets (like COMEX) seem disconnected, highlighting a fundamental imbalance

Imbalance alright, with the physical.

Still something seems off like a planned attack on buys even if attendence is paper thin. Asian guy said the price has to stay at 75 or above till the end of the year.

Goldie – this jumped out at me “showing severe physical supply stress despite large COMEX stockpiles.”

I wonder just how large the Crimex stockpiles really are. It seems if they were so large, the metals would be shipped back to London and arbitraged to Shanghai. It seems that this is the point, the Crimex is running out deliverable metal as well.

maddog – good point. That was the first thing I looked at – how the shares looked premarket. They don’t look great, but they don’t look horrible either, most down 2-3%. As if they know this pullback won’t amount to much.

Volume in SLV was massive on Friday. Where are they going to get the metal for that? Where is Sprott going to get the metal for PSLV?

This is just the beginning of the war.

They tapped silver below $74 at $73.95 and buyers immediately came in. They are probing a bottom.

Europe is close to being on Holiday, the entire two weeks of Christmas/New year……..that is industry and especially governments…..Speculators will be active and the Algo’s never sleep….but overall the mkts are much thinner….normally…this year maybe different….I see Gold just tried 2 % and bounced hard…..

We are stll way above even weekly Bollinger bands….and MACD diffs are well wide….a hesitation here, makes sense….but the way the smashes are comming, says this is a manufactured hit…..in a mkt that might just say thankyou and keep buying.

I’ll check out Bullion Star. If Shanghai is $86 then it would seem the arbitrage game would be back on and buyers in Crimex will take delivery and send the metal east to benefit from the $11 spread.

This is just a brute force paper take down and it will fail. It seems they are either buying or covering down in the $74 area.

Unless Shanghai physical comes down, this correction should be short-lived.

I asked my phone. Maybe they don’t have it to sell. Playing the you can’t buy what we don’t have Might be the same here in a few hours.

• ETF Inflows: Over 100 million ounces of silver flowed into silver-backed Exchange Traded Funds (ETFs), removing physical metal from the market.
• High Industrial Demand: Strong needs from solar panels, electronics, and EVs, coupled with potential U.S. critical mineral concerns, are pulling metal out.
• Supply Shock: Heavy shipments to the U.S. and India in October depleted London’s free-float inventory.
• Backwardation: The spot price is significantly higher than future prices, a sign of acute physical scarcity, not typical market conditions.
• Lease Rates: The cost to borrow physical silver has surged to record highs (over 11-30%), showing intense demand for immediate metal. 

• Physical vs. Paper: The physical market (London OTC) is screaming for metal, while paper markets (like COMEX) seem disconnected, highlighting a fundamental imbalance.
• Price Volatility: The shortage triggers sharp price spikes as short sellers scramble for scarce metal, creating a classic squeeze scenario.
• Global Impact: This tightness affects other markets, with U.S. COMEX silver potentially needing to flow back to meet London’s demand, though tariffs and logistics create friction

They have to get gold down only if they want to get silver down. It isn’t going to change the price in China. No one is answering their phone over there. They’re playing dead.