I listened to some of this video from our brothers site and Asian guy has the numbers for big money industrial demand. The rest I figured would happen but wasn’t thinking big enough, ” big money.” the elephants in the room. Well have to see.
China is only going to make things worse.
They think they can hold the silver price down by halting silver stocks that are made in paper trades? So what, they go buy the silver instead contributing to the supply shortage? Lol
They’re only going to hurt the longs.
China is the main reason behind the silver pullback. It can’t do anything about the demand so is trying to manage, slow the parabolic.
+8
As of April 15, 2026, reports indicate that the Shanghai Futures Exchange (SHFE) has halted silver trading, effective Thursday morning, amid extreme volatility and a narrowing supply. This follows a series of regulatory interventions in early 2026, including the suspension of China’s only pure-play silver fund in January and February to curb excessive speculation, high premiums, and to protect investors.
- Trading Halts: The UBS SDIC Silver Futures Fund (LOF) experienced an emergency halt on Jan 30, 2026, with further suspensions for silver funds continuing into February, as noted by Reuters.
- Supply Tightness: China has implemented strict, new, silver export restrictions as of Jan 1, 2026 and is dealing with low reported silver inventories, say Carbon Credits and a YouTube report.
- Market Context: These actions follow a rapid, unsustainable rally in silver prices driven by high demand from the green energy sector (solar panels and electric vehicles) and investors hedging against a weak U.S. dollar, notes CNBC.
Sooo close
We had silver above $80, gold was coming back, and then the dollar rallied hard…oh wait! The dollar is lower! For sure then oil is up big time and the SM is selling off hard -nope. Bonds? I guess it must be bonds today.
Deer79 – I’m with you. How we go from parabolic to dead virtually overnight is beyond me. Gold goes up $100 and HUI goes up 15. Gold goes down $40 and HUI loses 25. Silver up $4, but silver shares end up net losers the next day when silver goes down $.40. Shut it all down.
The algorithms
…are playing “tweet bingo.”
Don’t like to say this, but the sooner this whole thing implodes, the better. Should have happened in 2008, but the power elites said NYET, we want the games to go on……
Ipso 8:51
Obstruction of justice and intimidating witnesses law. Copied from London corruption laws? If they want to reverse to the Roman empire stone age make things up as they go along laws maybe I can start a business selling rocks with their names on it for the day of the regime change.
Ha! Silver hits $80
HL down 2%, NEM down $4
Gotta love the performance.
NEM
NEM being sold ahead of earnings. Guess investors are fed up with stock dropping 10-20% every time they announce great earnings. So why not sell before?
Dog
deja vu
eighty dollar silver (again).
Too bad there’s no way to remove this judge more easily. (not an incitement to violence! :-)
Wall Street Mav
@WallStreetMav
·
19h
The court of appeals has basically just slapped Judge Boasberg and told him to stop abusing his position as a judge to attack the Trump Administration.
Maddog
re: 13,000 Pakistani troops to SA. That’s a meaningful amount, a positive thing. More pressure on the Iranians to fold …
Would love to know how much the Russian and Chinese military are involved in the Iran conflict.
goldielocks @ 23:37
Passing a law to stop investigations of corruption … you can’t get more corrupt than that!
Gold and silver got above their 50 dma’s in the overnights
That was enough to get them a nice little smash by morning. Gold back below $4800. Silver got above $81, now below $79.
What’s a couple bucks among friends? T/A loves to work when it comes to downside action in pm’s.
Should be enough to wipe out yesterday’s miniscule gains in the shares today.
Grains
Since I checked on the dollar after reading my herb book where I think I have a herb tea for any kind of condition now and a positive counter to the market I checked yikes think it was WEAT symbol for a wheat stock after Armstrong’s comment. It closed green today but technically not in buying zone yet but moved over the 50 EMA to keep a eye on.
Aufever
It might not be, just trading in a range right now. See if there’s a fed meeting coming up. Plus with increasing debit people are moving away from treasuries to PMs and Bitcoin for safe haven.
goldie
Why has dxy been dropping when supposedly US is going to sell lots of oil?
Not complaining – seems to be helping metals
