I might start buying some SBSW the original platinum miner was Stillwater until it got merged.
Buygold Mr Copper
Re Platinum and palladium
Platinum is a precious metal, it is the most precious of all, as it is found in the smallest amounts of any of them …it always traded at a premium to Gold , for that reason and was /is a favourite in the far east for jewellery, as it looks better on yellowish skin ……it is only the last decade or so that relationship has completely fallen apart.
The old relationship was anything above $ 150 premium u sold plat bt gold, any discount u bought plat sold gold…then in 2008 it shot out to $ 1300 premium……then fell apart…. falling year after year, all the way down to Minus $ 2500 in 2025.
I think what happened recently was the AU/AG spread suddenly dropped, as someone took big profits and maybe the same people started getting out of the Plat/Au spread….but both found no offers in size and are now ‘effed…as the offers still ain’t there in size…hence the speed of the move.
This could be a classic Algo trade …that worked for ages…..until they tried to get out.
Platinum could go ape here, as it always was a very thin market……
Buygold @ 10:29 re Platinum and Palladium
I suspect as Gold the monetary metal gets more expensive, maybe the market is starting to consider the platinum group metals as monetary metals too.
A nice push from here and silver hits $37
Been watching the base metals. They haven’t done much as platinum and palladium have soared.
Anyone have an opinion/explanation for that? P & P aren’t monetary metals, are they just viewed as cheap compared to gold? If so, why not the base metals too?
Really good volume in SLV in this first hour.
Watching First Majestic give up its gains slowly
it’s had a heckuva move, don’t know if that’s a precursor to silver turning south, but no indication of that just yet. Great strength in silver considering the dollar.
OTOH, the algo’s sure seem to be selling the shares at every blip down.
Nonetheless – EXK is roaring up 9%, Dolly Varden up 7%
There are still some good winners out there.
LOL
Mohamed A. El-Erian
@elerianm
·
Jun 7
A biting assessment of Europe by
@TheEconomist
:
“Europeans know the global race for economic supremacy is lost. But the continent’s business model endures: it is a third poorer than America, works a third less, and is a lot more tanned at the end of August.”
Welcome my son …
… welcome to the machines …
… where have you been … never mind … we know where you’ve been.
The Rule of Idiots
The last days of dying empires are dominated by idiots. The Roman, Mayan, French, Habsburg, Ottoman, Romanoff, Iranian and Soviet dynasties crumbled under the stupidity of their decadent rulers who absented themselves from reality, plundered their nations and retreated into echo chambers where fact and fiction were indistinguishable.
CFTC allows the rig to continue …
… and we are at the point where either silver breaks free of cabal banker control … or it sees yet another manufactured slam down.
Hang on to your hats folks … get physical and it doesn’t matter … just another tamping down … silver is still going far higher as more people figure out the game … which is in full swing now … buy on dips … if we get one.
China and the US meet in London … if you think that is just a coincidence … where they will use manufactured good news to slam PMs … I have a bridge for sale I want to talk to you about … chuckle.
Mornin all
Morning maddog
That makes a lot of sense.
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G Mining Ventures Files NI 43-101 Technical Report for Oko West Gold Project in Guyana
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Irving Resources Announces Closing of Oversubscribed Non-Brokered Private Placement
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Lahontan Receives BLM Approval for Additional Santa Fe Drilling
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G2 Drills Multiple Near Surface Intercepts in New Oko Discovery Area, Significant Sulphide Mineralization Encountered in Deeper Drill Holes
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Chesapeake Gold Announces $4.4 Million Non-Brokered Private Placement with Eric Sprott
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GoldMining Announces Closing of Flow-Through Financing and Commences Exploration at Yellowknife Gold Project
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U.S. GoldMining Inc. Selects Ausenco to Deliver Initial Economic Assessment At Whistler Gold-Copper Project, Alaska
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Highlander Silver Commences Drilling at Bonanza Grade San Luis Gold-Silver Project
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Giant Mining Continues Engagement of RESPEC Engineering to Incorporate 2024 and Spring 2025 Core Drilling into Modeling at Majuba Hill Copper-Silver-Gold Project, Nevada
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Galantas Gold Enters Into Binding Term Sheet for Joint Venture With Ocean Partners UK Limited to Develop Omagh Gold Project in Northern Ireland
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Aura Announces Public Filing of Registration Statement for Proposed U.S. Public Offering
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Asante Provides Financial and Operating Results for the Quarter Ended April 30, 2025
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Core Silver Amends Terms of Non-Brokered Private Placement Offering
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Canary Gold Completes Inaugural Air-Core Drilling Programme and Advances Exploration Activities
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Western Exploration Announces Closing of Life Offering of Units for Gross Proceeds of C$5.0 Million
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Omega Pacific Outlines 2025 Exploration Program in the Revitalized Toodoggone District
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Rio Grande Resources Announces Closing of Fully Subscribed Non-Brokered Private Placement
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Ashley Gold Corp. Mobilizes Field Crew for Prospecting at Burnthut and Tabor Properties, Targeting New Gold Discoveries
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Update on Oyu Tolgoi mine plan
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Ramp Metals Completes Spring Drill Program and Announces Additional Mineralization at Rush Target
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Ashley Gold Corp. Mobilizes Field Crew for Prospecting at Burnthut and Tabor Properties, Targeting New Gold Discoveries
https://pro.ceo.ca/@thenewswire/ashley-gold-corp-mobilizes-field-crew-for-prospecting
Entrée Resources Announces Pause in Oyu Tolgoi Lift 1 Panel 1 Underground Development Work
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Eskay Mining 2025 Exploration Campaign Begins Later This Month
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Morning Buygold
Fridays action, where Gold was down, as the spreads unwound, has I think fooled the Algo’s to pile on more shorts in PM shares…..the Algo’s are very linear, they only see what area they trade…they cannot see the spreads causing the weakness…..that’s my guess.
Gold looks to be a in a bear hesitation, probably doing the C down…but that C down may just be sideways….which would be super bullish, if a downside correction can only go sideways.
Meanwhile the spreads continue to narrow. So Plat and Ag rally more.
Morning maddog
Thanks for the charts. Platinum is getting a viscous bounce.
I suppose they could literally bring silver and platinum up while gold just churns in place. Sort of looks like what they’re doing.
Gold is the weak sister today, preventing any real excitement for silver.
The pm shares are flat, so nothing there. Yes, AG, HL, & EXK and some others are up 2+% in premarket, but unless we get rolling, I don’t see them holding.
Dollar and rates down a little.
Silver keeps trying, hopefully it can carry the day. HUI looks like it could go back to the 200 dma below 400, which is just amazing to me. Talk about underwhelming performances.
before anyone gets excited by the spreads moving in……we are a long, long way from anything serious yet.
which means they could go way, way further in.
here is Plat/Gold
and Au/Ag
A plethora of information here.
Starting with the different political views of Trump vs Musk . That Musk follows the libertarian and Friedman view that were created by teaching British warfare to destroy and de industrialize other nations and go after their resources. That Friedman was the one who talked president Nixon out of the Gold back dollar.
That Friedman and Soros studied under the same teachers of British warfare economics taught in Switzerland and UK including cognitive warfare they’re apparently using on their own citizens who fall for it anyway.
Looks like ICE is getting some of the illegals to come to them.
Along with other criminals that if they get charged with a Fed crime won’t get a out of jail free card this time. I hope theyre made to pay restitution on any property they damaged too. Some of these lawyers never there for American kids rights even under age but defending the instigators or perpetrators to get their face on TV is pathetic.
Harakiri was an honourable act.
There is nothing honourable about this soulless excuse for a human being.


