re selling…looks like they are taking advantage of the Fed. in that there will be few buyers today, in front of the meeting…so easy to smash it…..

Looks like they are selling more paper this am. Tons of volume.

Dog

The Real Reason JPMorgan Is Being Forced to Deliver Silver | This Is The $60 Trap They Can’t Escape

Discover why JPMorgan is now being forced to deliver physical silver they might not actually have—and why the $60 price level has become an inescapable trap that could blow up the entire paper silver market. For years, banks sold countless paper contracts promising silver delivery while holding only a fraction of the physical metal, and now industrial buyers and investors are demanding the real thing all at once. When the world’s most powerful bank can’t deliver what they promised, it exposes a fraud so massive it threatens to unravel the entire precious metals pricing system.

See how this forced delivery crisis reveals the dangerous gap between paper promises and actual physical silver sitting in vaults. Learn why $60 isn’t just another price target but the breaking point where JPMorgan’s leverage unwinds, triggering a chain reaction of defaults, margin calls, and panic buying that sends prices vertical while physical silver becomes impossible to find. Understanding this trap gives you the advantage to position yourself before the delivery failures become public and the market realizes how few people will actually get their metal. Learn the pattern that defines every major squeeze in market history: when big institutions get caught selling more than they own, the resulting scramble to cover creates explosive price moves that reward those who held physical assets.

Right … and it’s across the board … the greedy bankers, brokers and bureaucrats flipped their lids with respect to suppressing PMs to support their fantasy trades …

GOLD & SILVER MINERS: The World’s Most Undervalued Asset Class!

Every so often, the market presents an opportunity so glaring, so fundamentally mispriced, that it borders on the absurd. We are living in one of those moments. The entire global gold and silver mining industry; the companies that pull from the earth the foundational monetary and industrial metals of our civilization, has a collective market capitalization of less than $1 trillion.

This is not a rounding error; it is the entire sector. For context, that is less than the market cap of Tesla and a mere fraction of the valuation of Nvidia. This is not just a valuation gap; it is a reality distortion field.

The companies that produce the irreplaceable physical materials that enable our entire modern world are valued as a forgotten relic, while the companies that consume those materials are priced for multi-decade perfection.

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This historic mispricing represents the single greatest value opportunity in global markets today. The rerating is inevitable, and it will be violent.

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The Anatomy of a Historic Disconnect

How did we get here? How did the producers of the most essential materials on earth become a forgotten backwater of the market? The answer is a perfect storm of financial, ideological, and psychological factors that have conspired to create this generational opportunity.

First, the dot-com bubble and its echo in the Magnificent 7 era created a powerful narrative that the future is purely digital. For two decades, capital has been funneled into companies that deal in bits, not atoms.

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The intangible was rewarded, while the tangible was neglected. This created a massive capital starvation in the mining sector, leading to a dearth of new discoveries and a pipeline of future supply that is terrifyingly bare for the demands of tomorrow.

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Second, the rise of ESG (Environmental, Social, and Governance) investing acted as a powerful accelerant to this trend. While likely “well-intentioned,” the practical application of ESG mandates has been to create a blacklist of entire sectors, with mining at the very top.

It became career risk for a fund manager to own a mining stock, regardless of its fundamentals. This forced, non-economic selling has pushed valuations down to levels that have no relationship to their underlying profitability.

Third, recency bias has played a powerful role. The brutal bear market in commodities that followed the 2011 peak has scarred an entire generation of investors. They have been conditioned to believe that mining is a perpetually value-destroying enterprise, a black hole for capital.

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They have forgotten that commodities move in long, multi-decade cycles, and that the end of a long bear market is precisely the moment of maximum opportunity.

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The Valuation Gap in One Chart

Look at the chart above. It is the only piece of evidence you need to understand the scale of this opportunity. The combined market cap of the entire gold and silver mining industries is less than $1 trillion, while Nvidia, a single company, is more than four times larger.

The entire crypto universe, an asset class with zero intrinsic value and no industrial use, is more than twice the size of the entire gold mining sector.

This absurdity extends to every traditional valuation metric:

• Price-to-Earnings (P/E) Ratio: While the mega-cap tech stocks of the Magnificent 7 trade at forward P/E ratios of 30x, 40x, or even 60x, quality gold and silver miners are trading at a sober ~8-13x forward earnings. You are paying a 60-80% discount for companies that are more profitable and growing faster.
• Price/Earnings-to-Growth (PEG) Ratio: This is where the story becomes truly compelling. The PEG ratio, which measures the price you are paying for future growth, tells the whole story. For hyper-growth tech stocks, you are paying a significant premium for past and projected growth. For the miners, you are getting explosive, triple-digit earnings growth for pennies on the dollar. The PEG ratios for many senior producers are multiple times more attractive than anything you can find in the tech sector.

This is not a value trap; it is a historical anomaly. The market is pricing the producers of physical, essential, and irreplaceable commodities as if they are going out of business or the commodity itself will crash down, while simultaneously pricing the consumers of those commodities for flawless, perpetual growth.

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This disconnect between perception and reality is the source of the opportunity. And as we are about to see, the reality is that the miners are not just cheap; they are already more profitable than the tech darlings the market so adores.

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So, Let’s Dig Into The Following:

1. Profitability is here, right now! excerpt: “While the tech giants are battling slowing growth and margin compression, the miners are entering a golden age of profitability.”
2. The miners sell exactly what the world cannot live without.
3. When it comes to silver, the irreplaceable industrial metal, why supply cannot respond to higher prices! excerpt: “The world is producing less new silver today than it was a decade ago, at the precise moment that demand is set to go vertical. Silver production is hostage to the economics of the primary metals. A miner does not open a new lead-zinc mine because the price of silver has doubled; they open it because the price of lead and zinc justify the investment. The silver is just a bonus. This means that even if silver prices triple from here, the supply response will be muted, delayed, and insufficient.”
4. One sector will consume it all?
5. The great Central Bank floor.
6. The cascading demand waterfall and why miners eventually become the only option! excerpt: “This is the endgame. When the retail masses, the pension funds, and the generalist investors are priced out of the physical market, where will they turn? There is only one answer: they will be forced to buy the miners to get exposure to the metals they can no longer acquire.”…

Metals and Miners

CDE/vs the metal…..this has a potential to rally over 233 times..

This is a log chart

the non log chart shows the base

and here u get a sense of the base size…which can easily support such a move. !!!!

That second Video misses the upcomming demand from Robotics, which will be even more less elastic…ie higher silver prices will not worry a manufacturer of Robots costing $ 50 K and that demand will take over and exceed many times the Solar mkt….which is pretty well done, as Nut Zero dies.

Touch n’ go for a couple of days. They need to cut and print, but I’m not sure they will.

Rates have crept back up to 4.2% in the last week or so.

They are losing relevance.

deer79 – yeah, I wondered about that too, weird. It said the video was posted 9 hours earlier when I found it. The second video looked like it was made during real time trading yesterday. He has a $75 target by year end – 2025! In the next couple of weeks! Crazy.

Silver Bullet – I’m with you, let em’ collapse. They’ve been stealing long enough.

MetalsGuy – sorry about that, I’m not sure why.

One thing for sure, these silver producers are way undervalued. I think they’re going to explode higher after the first of the year.

Roofs. Our Colorbond sheets don’t rust where they are cut or drilled, and I’ve often wondered about that. So I looked it up. Thanks for the prompting!

“BlueScope Steel recommend ‘cold cutting’ coated steel products. If this recommendation is followed, these products will ‘self heal’, that is, the zinc in the surrounding coating will protect the newly exposed edge. How does this happen? In the presence of moisture, a reaction occurs between the zinc and the steel which results in galvanic protection of the exposed steel, thereby inhibiting corrosion. The degree of protection depends on the thickness of the coating (the amount of zinc), and this is taken into account when Building Standards are formulated.”

They have standard coatings, and two heavier duty ones for seaside locations. I have been on hundreds of Bluescope roofs and never seen any rust.

Railway. Looking at the sleepers in the photo makes me wonder what condition the bridge timbers are like. Stopping off to admire the view might induce severe anxiety!

Chile Rail Bus
https://www.railpictures.net/photo/890577/

My roof on the volcano ranch here is also powder coated steel.  Mine is green… fades in to the jungle on satellite photos.  Advice from a contractor.  These steel panels coating is very good. But the panels will rot from the cut edges.  Paint the cut edges of your panels to preserve them longer!

From what I read JP Morgan has anywhere from 125,000,000 to 200,000,000 ounces short… They’ve been covering for over a year and supposedly they’ve closed around 20 to 25% of their short position.. So they’re short position at this point at today’s price they’re underwater anywhere between four and 6 billion… but here’s the deal. I don’t really care about the money end of it if the buyers from the Middle East and/or China will stand firm on delivery and allow them to continue to roll the contracts over and deliver a little bit at a time that’s fine, but they’ll never be able to close all those positions because there’s not that much silver out there. So hopefully, as it says, I think in proverbs they get snared in their own trap.. And hopefully in the process of them getting snared, it collapses the Comex and LBMA..

I’m having a hard time trying to post a video.

Guess you can go to the videos and key in the title if all else fails.

$61.03 @ 20:07

quick backtest $60.90 @ 20:16

up&running again, $61.32 @ 20:29

someody wanted fireworks?  it looks like the fuse is lit.

…later, another, more substantial retest.  also passed.

They work for me.

I am getting a blank screen for both of these videos. Looks like it’s trying to load…

Cue up the gov money to save the JPM pirates! They’ll be bailed out but silver will fly!

what was interesting about the first video you posted was that the narrator kept stating that the price of Silver was at $59/oz in December of 2024?????

And then there’s the physical silver that Tether has been accumulating…..

So, we’re presently at $60/oz. Shouldn’t we be having some serious fireworks in Silver at these levels????

Here in Washington State the price of gas recently fell to around $3.80. I am so glad to be paying humongous taxes so that I can fight global warming! WA state now has net people leaving, just like California.

I just see this SM mkt as enjoying having an administration, that is so pro business and has the knowledge of how to create ideal conditions.