in the last half hour. Are they going to be able to make $75 a top and reverse from here? Or will there be players that come in to buy the dip?
If they can reverse it, then I guess they’ve still got some tricks up their sleeves.
***They are coming hard now. Remember, they don’t just hold short contracts, they hold longs they can dump on the market as well to delay the inevitable. PM shares are softening as well.
ferret – yeah, that thought crossed my mind as well. Question is then, who is directing they shutdown until March? Who has that kind of power? It would also indicate they want the silver price to go much higher and see the default occur. There are no coincidences.
Goldie – exactly. Who is putting out these video’s? The level of detail and information is astonishing. They’ve come in a short time and sucked the views out of the room on YouTube. BTW – the highest tally I see on the views is 149K at the moment, which only shows how small an audience is paying attention. I think by January the general public is going to wake up to what’s happening in silver. That will be interesting.
FWIW – I do notice a big red streaming disclaimer running across the bottom of the Asian Guy’s video stating this is “his opinion”
It could happen confiscation and underground currency down the road.
Here’s one that followed the other video. Silver officially 80 in China. Talk about Samsung and the new batteries that go farther and. minutes to charge. Then what happens tomorrow when Aglos are trading.
Certainly seems a coincidence that March is mentioned in an earlier video as the crunch month for COMEX (well, February really but March should be the end) and the refineries are closing until March too …… just a coincidence, I’m sure.
I promise you cannot read these and not laugh out loud. These are REAL notes written by PARENTS in a school district. (Spellings have been left intact.) Most of them are funny, but some are just sad.
1– MY SON IS UNDER A DOCTOR’S CARE AND SHOULD NOT TAKE PE TODAY. PLEASE EXECUTE HIM.
2– PLEASE EXKUCE LISA FOR BEING ABSENT SHE WAS SICK AND I HAD HER SHOT
3– DEAR SCHOOL: PLEASE ECSC’s JOHN BEING ABSENT ON JAN. 28, 29, 30, 31, 32 AND ALSO 33.
4– PLEASE EXCUSE GLORIA FROM JIM TODAY. SHE IS ADMINISTRATING.
5– PLEASE EXCUSE ROLAND FROM P.E. FOR A FEW DAYS. YESTERDAY HE FELL OUT OF A TREE AND MISPLACED HIS HIP.
6– JOHN HAS BEEN ABSENT BECAUSE HE HAD TWO TEETH TAKEN OUT OF HIS FACE.
7– CARLOS WAS ABSENT YESTERDAY BECAUSE HE WAS PLAYING FOOTBALL. HE WAS HURT IN THE GROWING PART.
8– MEGAN COULD NOT COME TO SCHOOL TODAY BECAUSE SHE HAS BEEN BOTHERED BY VERY CLOSE VEINS.
9– CHRIS WILL NOT BE IN SCHOOL CUS HE HAS AN ACRE IN HIS SIDE.
10– PLEASE EXCUSE RAY FRIDAY FROM SCHOOL. HE HAS VERY LOOSE VOWELS.
11– PLEASE EXCUSE PEDRO FROM BEING ABSENT YESTERDAY. HE HAD (DIAHRE, DYREA, DIREATHE), THE SH**S.
NOTE: [WORDS IN (** )’s WERE CROSSED OUT.
12– PLEASE EXCUSE TOMMY FOR BEING ABSENT YESTERDAY. HE HAD DIARRHEA, AND HIS BOOTS LEAK.
13– IRVING WAS ABSENT YESTERDAY BECAUSE HE MISSED HIS BUST.
14– PLEASE EXCUSE JIMMY FOR BEING. IT WAS HIS FATHER’S FAULT.
15– I KEPT BILLIE HOME BECAUSE SHE HAD TO GO CHRISTMAS SHOPPING BECAUSE DON’T KNOW WHAT SIZE SHE WEAR.
16– PLEASE EXCUSE JENNIFER FOR MISSING SCHOOL YESTERDAY. WE FORGOT TO GET THE SUNDAY PAPER OFF THE PORCH, AND WHEN WE FOUND IT MONDAY. WE THOUGHT IT
WAS SUNDAY.
17– MY DAUGHTER WAS ABSENT YESTERDAY BECAUSE SHE WAS TIRED. SHE SPENT A WEEKEND WITH THE MARINES.
18– PLEASE EXCUSE JASON FOR BEING ABSENT YESTERDAY. HE HAD A COLD AND COULD NOT BREED WELL.
19– PLEASE EXCUSE MARY FOR BEING ABSENT YESTERDAY. SHE WAS IN BED WITH GRAMPS.
20– GLORIA WAS ABSENT YESTERDAY AS SHE WAS HAVING A GANGOVER.
21– PLEASE EXCUSE BRENDA. SHE HAS BEEN SICK AND UNDER THE DOCTOR.
22– MARYANN WAS ABSENT DECEMBER 11-16, BECAUSE SHE HAD A FEVER, SORETHROAT, HEADACHE AND UPSET STOMACH. HER SISTER WAS ALSO SICK, FEVER AN SORE THROAT, HER BROTHER HAD A LOW GRADE FEVER AND ACHED ALL OVER. I WASN’T THE BEST EITHER SORE THROAT AND FEVER. THERE MUST BE SOMETHING GOING AROUND, HER FATHER EVEN GOT HOT LAST NIGHT.
Something is seriously breaking tonight.. Shanghai silver price is $82.00. That’s an unheard of spread of eight dollars… We need to organize a pity party for the likes of JP Morgan, and Bank of America..
Also even if gold does break it isn’t going to stop growing demand of the metals..
It might be beyond reverting this time because there was less demand last time.
I think silver, platinum and palladium are reverting to their traditional relationship to gold. If gold doesn’t break, the others may have a long run.
I don’t see how the large players will touch the Crimex for metals after this. The projected default is the end of Q1 2026.
I think the silver in any ETF, especially SLV is at risk of confiscation.
I’m a little surprised gold hasn’t started to see a bigger bid, platinum and palladium seem to be benefitting.
ferret – I’ll post the video about Salt Lake if I can find it.
Tough time of the year for a crisis.
This kind of action in the futures market may be unprecedented. The general public doesn’t appear to be buying yet which signals a top is near. Open interest indicates the top is much further up.
Look for the rules to change soon. A default is imminent on the crimex if they don’t change the rules. This is the mother of all short squeezes.
This market has gone too far without a correction. It tried to sell off a few times but the buying was just too much. If your playing on margin, you may be front and center in a bloodbath.
Gotta eat my turkey sandwich now.
rno
getting down close to 60:1
we are living in interesting times.
Bet Trump won’t be happy about that. But they are opening a new refinery at Salt Lake in 2026, maybe that’s why the old one is closing? I got some Johnson Matthey 5kg bars back in ’01 for AUD1,476. I think there are still a couple in “deep storage”.
We were looking for a source for prices in the Shanghai spot market.
Almost has made back all the margin increase…….
https://www.netdania.com/comodities/gold
Click on instrument and scroll down to silver
62.19 the spike low support level, in the Au/AG ratio …. gets taken out, like it was not there.
