OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

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.

Bullionstar has the Shanghai price if you follow the links.  Shanghai is not down like we are here. In fact Shanghai closed up in the afternoon at $86. That’s the real prize not what you is going on in New York and London because Shanghai is a physical market.. So if they’re paying 86 there and they’re trying to sell it for 75 here any metal to be had is gonna be going to Shanghai.. All the craziness over here is just a bunch of noise..the banksters just doing what they do..

Yes…..but a holiday mkt…ie very thin, especially in Plat and Pall….very little industry participation, in any of them.

Watch Gold….imo they have to get Gold down…checked GDX and SIL and so far down only 2 %…..are they trying to cover share shorts already !!!!

The shares have been well shorted for a few days, going no where as the Metals flew, a classic signal of a large attack.

Then we see Palladium the metal with the least compelling story, being hit hardest, then Plat which has been rallying on the massive short and the mad spread between Gold, being hit hard, …both thin mkts at the best of times…now during the holidays barely anyone trading……Then AG down big , but not even below Thursday last weeks close …Then Au the real Key….. not even down beyond most days range…if it wasn’t for the others falling, this would be a non event……….If they can’t get Au to join in …..the shorts had better cover theirn even larger positions fast.

No volume? AG guy said they’re playing dead. Even 200 rejected. Silence in market is loudest sound you’ll ever hear.

What will happen next in NY.

Isn’t the London market opened now?

RE 23.57

I asked Grok and it says no large borrowing from Fed Window, nothing special at all going on…..

China now cutting off producers and not temporarily. Perhaps we should not buy chinese solar and EV.

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

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?

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.

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.

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.

Up on Sticks
https://www.railpictures.net/photo/891566/

The Fed Repo window put out $17B to save somebody.  Silver shorts in trouble.  Jon AG has details.  Here is the failure of the Fed…

Got back $5+ from the lows, up $.1.15 at $80.57

None of the other metals are up so we’ll see if we can fight it alone.

Hoped to see it move over 80 but I guess we can’t have everything at once.

Volume low profit taking is dollar and yields up?

Really, I know their baiting, bringing the silver to them and the sellers aren’t getting it back at the price they sold it and limited with difficulty. I wonder what they’re up to now? Psych warfare?

Game on.

Didn’t realize they took us back under $75 at the low.

Shaking week hands out. Asian Guy 17:15 about Monday open in US. One thing he mentioned is the Fed easing. We know that’s coming but checking yesterday Powell said but can’t be sure till he does it that he might hold rates this January, I wonder if he’s watching the PMs,  but knowing more are coming this yr could be a buying opp. if any pull back. 17:15 on.

I won’t do that again!

MG

$7.00 range on the Crimex already. Open interest has remained steady so some new shorts replacing the old ones. Somebody is doubling down on a bad deal.

The currencies of the metal producing countries have participated in the metal rally to a lesser degree. Even the Mexican peso is in the game.

Gonna be a long night for some folks!

rno