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Posted by Captain Hook
@ 12:08 on February 12, 2026
Make no mistake … you are going to see a lot of government buying over the next week or so … taking advantage of China being on holidays … getting ready for March … sending a message to the market … Texas doesn’t matter (MOPE – thank you Jim Sinclair).
And if you think this is something … just wait until long rates hit 20% … yikes.
a rough couple of weeks for us in the PM arena with a lot of the Chinese players off on vacation….
Scum are playing the same games and following the playbook. Could be wrong, but I try to use these downdrafts as opportunities to add to a few PM shares…..
celebration starts on the 17th. I believe they’re “out” for 2 weeks. My guess is that the scum are trying to anticipate their absence by shaking the tree already…..
Naval
@naval
You can’t “seize the means of production” when the means of production are human ingenuity and hard work. All you can do is stamp them out.
Posted by goldielocks
@ 23:07 on February 11, 2026
The current problem with metals used as currency is premiums. It’s good if they can eliminate sales taxes on top of premiums. Premiums combined with volatility by institutions and uncertainty on future supply from shortages people are not going to use it on a daily basis to pay for things but hold as a hedge due to those reasons.
Captain – yes. Day turned out “better than expected” and most shares caught a little bid. I’m surprised.
Ipso – I’m normally not in favor of sending troops anywhere, but in the case of Nigeria, they have been slaughtering Christians by the thousands. We are still a Christian nation here, until the Democrats get back in and replace us with Muslims. If 200 troops will get them to stop, that’s worth it to me.
Posted by Captain Hook
@ 11:59 on February 11, 2026
They attack the shares every day until 1:30 CST at a minimum to affect the futures closes in Chicago.
You can see it if you are watching.
They use the broads to affect liquidity when they want to hold back commodities and their shares.
This is why once they have engineered weak closes in the commodities … they come back in on the close to boost
‘sanctioned shares’ … shares that help their cause to run the world. (tech, financial, etc.)
Commodities are the bankers’ enemy because higher prices take liquidity away from broad measures of stocks and consumers to pay interest to the bankers … which is why the key ratios that drive the larger trends are stocks to commodities ratios.
This is why they are fighting tooth and nail right now to keep those ratios contained at the lows.
The best example is the Silver Miners/Silver Ratio … is still very close to long-term lows … because they use silver to contain gold (or it would be multiple five figures by now), and again, general price levels.
They think they can lie their way to prosperity … for all? … no … just for themselves.
captain – right, not as bad as it would’ve been in the past. They’re attacking the shares mostly, but I suppose that’s because the SM isn’t soaring. I hope what we’re seeing is their best effort to normalize this market before it blows up in March. Assuming something actual happens in March that they can’t paper over.
maddog – we’ll see if they chip away at the metals or we get one of their infamous dumps over a 3-minute period. They have the excuse of a higher dollar and rates.
The joke of the jobs report is the administration will brag about how great it is for the next month or so.
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