It’s not only that. Trump is going to prevent China getting chummy with oil and metal resource nations like Venezuela now Iran next preventing them out to corner real assets for themselves. So meanwhile China is over in Canada getting chummy with their PM bought another mine and will dangle IOUs in front of him for real resources and rob them blind.
Dollar is snapping back today
headed back toward the 200 dma.
Aufever
Yes once they realize it’s real money vs IOUs the government doesn’t want them to understand. To understand how many IOUs it takes to trade for a one dollar silver real money. Right now they’d be kinda stupid not to take it especially at spot.
Citi and Pamp Suisse – He’s half right
- Citi upgraded its 0-3 month forecast for silver from $100/oz to $150/oz.
- The bank described silver as behaving like “gold on steroids” (or “gold squared”), driven by strong momentum, speculative and physical demand (especially from China), capital rotating into precious metals, and tightening supply conditions.
- This was the second upward revision in recent weeks, as silver had already surged past earlier targets amid a historic rally (with spot prices hitting records around $117/oz before some pullback).
- Citi noted potential near-term risks like profit-taking from Chinese investors around Lunar New Year, which could increase volatility, but remains bullish overall on silver outperforming gold until it looks “expensive” by historical standards (e.g., potential for $170/oz if the gold-silver ratio reverts to 2011 lows).
Did the CEO of MKS say silver was going to $150?
Nevermind – Grok re: margins – they did, but don’t know where he got 47%
From reliable sources like Bloomberg and direct CME notices referenced in posts:
- The CME increased the margin requirement for Comex silver futures from 9% to 11% of the notional value (contract value, based on the silver price times 5,000 ounces per standard contract).
- This change applied to silver, as well as platinum and palladium in some cases.
- It followed a period where margins were already percentage-based (shifted earlier in January 2026 from fixed dollar amounts to percentages like 9% for silver to handle volatility in surging prices).
- Some trader posts referenced a specific dollar figure like ~$51,977 per contract in the context of the hike, but the core adjustment was the percentage increase to 11% for non-heightened risk profiles.
maddog, et all
Watched an Asian Guy video but it was one of the copycats.
He said a couple of things that I’d like to know if they were true or not true:
- On Monday when the silver price soared up to $117, the Crimex came in with a 47% margin hike and that’s why it sold off so violently at the end of the session.
- He said that both Citibank and the CEO of MKS Pamp Suisse the refiner, came out and said silver was going to $150
True or not true?
I’ll check with Grok too. I always forget about that wonderful tool.
morning maddog
I’m sure there are a lot of things I don’t know. Maybe they are banking on the regime falling quickly, Trump doesn’t like long wars. Their missile capacity is no joke though, based simply on pure numbers, and a lot of those missiles landed in Israel during the last dust up, which is why it ended so quickly. I can’t see us trying to occupy Iran though, so maybe the goal is just regime change.
If you read ferret’s link, it showed the Saudi’s and UAE unwilling to open their airspaces, so even the Saudi’s who’ have no love for Iran, don’t want to see this happen. Then there’s Turkey. Then, let’s not forget all the Muslim’s Sleepy Joe and his administration let in our country, I’m sure we’ll have their full support.
This will make Trump a neocon hero, worshipped by the likes of Lindsay Graham and the half of the US Congress that flies Israeli and Ukranian flags in their offices. It will also make it clear that he is a tool.
It has to happen though because it’s prophetic. I suppose if it brings us a day closer to the Day of the Lord, then Amen. I’m tired of this rock.
goldie 7:30
Excellent about trading coins for goods or services.
Both sides avoid the spread!
There are a lot more people now and in the near future who might understand and be interested.
Just when you think we’re done
and they’ll take us down, boom buyers come in or shorts cover and we’re right back up. Fed or no Fed. Amazing
Ferrett
I wouldn’t sell for cash less I knew I could buy them back later for less. If I did since I wouldn’t have the overhead of the guy inside robbing them they’d get a better deal with a couple dollars premium but they really need to do they’re homework and also on people selling fake coins.
Picking up in the undergrowth, that there is a Sell America Trade going on
…especially in FX mkt, hence weak dollar…they are also saying it is driving Gold, as a hedge against the US collapsing…..
They don’t say where all the money is going apart from Gold…..
It ain’t working very well, as US SM remains at or near record Hi’s…yes rates have caught a bid, but no big deal…..Sounds like a TDS trade.
Buygold ferret
I don’t think I’ve ever seen gold go up during a war in my lifetime. It’s gone up for a day or two but never sustained any rally.
So what has changed….they want Gold up.
Re Iran…if Russia and China were rushing to defend Iran, and the US was pushing ahead, I would agree…..but Iran on its own …yes could get very messy …but with both the US and Israel operating together, Iran can’t last and don’t forget how angry the population is, they will literally rip regime apart with their bare hands.
It would be messy.
I agree that recent wars haven’t affected gold, but this one would involve America directly with Iran which does have some nasty weapons, unlike Saddam. Iraq siding with Iran. Israel with USA.
aufever let me know if you come over again. Be great to catch up. A couple of other bugs are local.
ferret – sure hope not
I haven’t followed a lot of news lately, but I think this would be a mess.
I was going to post that gold has game and is taking the lead again. Shame it would be another war that ignited it.
I don’t think I’ve ever seen gold go up during a war in my lifetime. It’s gone up for a day or two but never sustained any rally.
Shanghai pm fix stays elevated $130.96.
Silver is slipping a little with plat and pall, still up a couple bucks but not as strong as gold tonight.
Fed meeting tomorrow might just be irrelevant.
ferret
I’ve been to Queensland. Twice. Drove down to Sydney once.
Loved Australia.
This run has to be the ME.
This site gives a lot of useful, non-partisan information.
There’s a lot going on.
