Loading ...We’ll see how your wave counts work, we hit $49.16 in the overnights.
The real battle in silver might be starting. Somehow they seem to have resolved the shortage problem, at least for now.
Shares just getting cheaper, funny how they get beaten so bad even when short term moves don’t really have an impact on their current earnings. So undervalued as of today.
Let’s not forget we have a Fed meeting next week. I’m sure they don’t feel too bad about today’s action.
… find out what these data centers are all about and what it means for you … hint … it’s the end of your life as you know it …
… between this and the banks being in trouble again you would think PMs should be able to hold their ground here … and you would be right … where as you can see below … if history rhymes moving forward … this analog from Jordan over at TheDailyGold.com shows gold goes sideways for a few months and then doubles again next year (and then doubles again going into the 2030’s (wonder how they handle that – not well).
Gotta go but PMs might not bounce right away … but it should be coming before Christmas.
Cheers
Re Calls….I hate to think how expensive they are…the Volatility must be huge.
I read an article this morning. It said a lot of people that missed out on the latest up move were compensating by piling into call options….That ought to add some vertical diversity to this ride….
…to doing a little shopping today🙂
Similar waves in Gold…except b made a new Hi, which is v bullish. and so far c is smaller than a, even more bullish..if it holds.
Those are some big waves.
I thought the shares looked sort of tentative along with silver yesterday, now it makes sense.
Hopefully it’s short and brutal, right now it’s just the brutal part. Then again, back in 2011 they took silver down $6 overnight when it got near $50.
We’ll have to see if there are any shorts looking for cover today.
Globalists got him …..
Some selling into the LBMA open.
Wondering if maddog’s Reuters article has some teeth and the US and China fixed London’s supply problems.
Dollar is rallying tonight and crypto is getting smacked as well.
Then there’s India. Where’s their supply going to come from?
Re: Lunacy … I’m grokking on that!
What the deep crime state was doing Doge was finding.
Systematically robbing us.
Giving a illegal grandma from Sudan or wherever maximum SS. A whistle blower exposes how they were instructed to sign up migrants for life time disability helping them make up a reason. That if the state refuses to comply they would come in through groups like Catholic so called charity groups to do it for them and filling their bank accounts while their at it. Get them out of your state.
Now just using cash when you can or buying prepaid cards you can buy if you need it. It’s about confiscation. Transfer it in stocks too especially if you can get a foreign account and of course gold and silver.
86 million Vietnamese bank accounts closed. Or online bank account not connected to that country.
This video claims to give some ideas on what you can do to protect yourself.
India’s Largest Metals Refinery Just Ran Out Of Silver For The First Time In History
All the states have digital ID drivers’ licences. And now they are being combined into a national database.
It’s like our (totally legal) immigration. 739,000 in 2022/23, 667,000 in 2023/24, 24/25 figures expected December but anticipated around 700,000. i.e about 2.5% to 3% p.a.
And farmland has decreased by 5% since 2019.
Nobody voted for any of this. We didn’t even know it was happening. Creep, indeed.
Why else smash the PM’s in a dead zone……
Re Holland
Good catch, at some point people will work out that a good chunk of the monstrous debts being run up, are being used to pay for the gimmiegrants.
History will shake it’s head dumb struck, at our lunacy.
I had us up $125 at one point.
Silver strong too after Friday’s beatdown.
Felt like the shares sort of lagged though, not all, but some.
Was The CIA Misleading Witkoff & Kushner On Key Intel About Hamas During Critical Phase Of Peace-Talks
In the Netherlands they’ve made the data public: each Somali immigrant has been found to cost the public about $1.2 million over their lifetime, while each North American and Japanese immigrant generated a net contribution of roughly $500,000.
Bernanke told us years ago they only held gold as part of “tradition.” 🙂
