slipping below 63…
Ipso – Bateman
He might be the first billionaire I’ve heard tell the truth about crypto. Buffett never had a problem trashing gold but I never heard anything from him about crypto.
Good to see the shares
start to pick up a little here towards the end of the day, we’ve been cheated for most of the day. Algo’s set to sell when the metals sold off this am never got turned back to buy. 🤔
FYI I Doubled My HYMC
It seems to be running wild in the streets, like so many other miners. The Fed Res Board is finished totally. Precious metals have been out of their control.
Reminds me of when Uranium prices were running wild, then they stuck it on the futures market, and down it went like I predicted it would when it was in the news.
Buygold
75 at least it seems.
Hi Rno
Platinum and Palladium right, and I’m surprised that SBSW here in the US that has both isn’t getting more attention.
$75 by year end?
Unbelievable strength. So good to see.
breakaway !
71.50 !!
…more kernels in the pan, waiting to pop.
Hi RNO- Merry Christmas great to see you posting
Haven’t seen you around here in a long time, my dad Eagle Eye doesn’t have a clue what he’s missing, which is sad! Dang.
Should be attracting more attention
healthbot
@thehealthb0t
·
18h
“This is genocide.”
Attorney Todd Callender exposes a 1100% increase in U.S. military deaths throughout 2021, compared to 2020.
“People with three shots have no immune system left over whatsoever.”
“There is no other way to characterize this other than intentional homicide, the unlawful taking of a human life, except that it’s in large numbers, which makes it a genocide.”
Yup … the speculative fever in silver shares …
… is out of control … no really … be careful … or is it you should be careful of listening to people who don’t know what the F they are talking about … silver is vexing $71 and silver shares are down …

… is this a picture of the bubble these idiots are selling?
Guffaw
FYI Precious Metals ETF Relative Performance Chart
You can change time frame and if a percentage is blank you need to swipe across the chart to the right then go all the way up and around the charts.
Today it is mainly machine/Algo trading
maybe that is the reason PM shares are so weak, with metals up are the Algos still shorting the shares and maybe buying the metals…..so without a lot of humans to buy the shares….they are falling……ytsdy just after the opening I checke Vol in CDE, it had 20 K bid 230 K offered…..over ten times the bid…who does that in a runaway bull mkt….and where do they get the shares to sell ????
All ofthis will have to be unwound at some point.
redneckokie1
Good to see yr still kicking …..Don’t think I have ever seen moves like this , over such a prolonged period, in anything before……Those Algos are finding out just how dangerous thin markets are……u may well be right about the old relationships comming back.
merry Christmas
Ferret
Tks for the correction on Hycroft….the chart supports a huge move, it has a perfect saucer base to move up off.
Buygold @ 10:22
You bet. Bateman seems like a rational sort of person … no crazy arm waver him!
Gotta like this silver action! Gold not too shabby either. 🙂
Looks like “soon” means soon Captain
Back above $70. Holiday liquidity can be rough on some folks. 🙂
The bad guy banks are on the run …
… and the gamblers could get squeezed very soon … whatever you do don’t sell when you see numbers like this (IMHO) …
COMEX Position Changes | Silver Price Analysis | Sprott Money Ltd.
Chuckle … snort
Ipso, Captain
Ipso – thanks for the Bateman post from X. I’ve been able to share it, but I’m sure they won’t listen. He’s absolutely right. We expected this 15 years ago in 08′-09′ but they were able to paper over the problems. They can’t do it this time because of the debt. They are going to wipe out everyone, or at least 90% of the people. He’s right.
Captain – they’ll be buying at $73 soon enough. This looks like a chance to pick up some silver shares on the dip. I’m surprised they weren’t able to take us negative on the day, in the old days we’d be down $2 right now.
It is impossible to believe anything the government puts out anymore, regardless of the administration. Everything they say is a lie or meant to distract.
We are living in interesting times.
Stay alert, pay attention, savor the experience.
…soixante onze!
Buygold @ 9:32
Exactly … what GDP … you mean the digital transactions back and forth in a circle jerk that would have Charles Ponzi envious as hell … you mean that GDP?
Tell that to the Chinese … silver is $73 in Shanghai.
Somebody doesn’t want to see silver over $70 here knowing people will be looking at that hard and talking over Christmas dinner.
Best of the season all
Yeah Captain
They had to make a stand somewhere, and it appears $70 is the place. I thought things might shift when the dollar started climbing.
Will be interesting to see if they can engineer a big reversal. A pullback here might just be like giving the patient some oxygen. If they are still massively short, I’d guess they will cover into any weakness here.
It does look like they’re going to try to reverse pm’s hard at the moment.
Huh…
Durable goods miss, down -2.2% vs. -1.5% estimates.
but…. GDP beats and is up 3.5% vs. 2.7% estimates, with quarter over quarter GDP growth of 4.3%
Not sure that computes. Combine that with no inflation and you get Goldilocks.
Unfortunately, there’s the $40T debt problem.
Buygold @ 8:41
My God … Nasdaq futures are down 56 … sell everything … especially silver … it’s terrible … collapse is here.
Chuckle
Old relationships
It appears silver, platinum and palladium are reverting to their old relationship to gold. Hopefully gold will remain elevated.
Anybody short pm’s at this point is bleeding badly. The hedge funds will run th3 metals far further than we think.
still lurking
rno
