Looks more and more likely this attack is to try and bail out PM share shorts….

Looks like the short day traders are taking profits in silver. If it gets above  72.50 – 73 we may get an acceleration to the upside.

rno

I vote for short term top.

Shares doing a nice job of clawing their way back, even with a weak SM going against them.

“Going to be a volatile week” – probably a good bet.

Captain mentioned March. I mentioned March a couple days ago. It’s the next big delivery month, hopefully the month that Crimex defaults and we get real price discovery.

I’m already looking forward to the Shanghai open. 🙂

Metals have reached the first of several moving averages for support.

Markets very often top or bottom around major holidays. Our big question is it a short, intermediate or long term top.

This week will probably be extremely volatile. It sure started out that way.

rno

Willem Middelkoop
@wmiddelkoop
·
9h
Record Volume in Shanghai Silver trading

https://x.com/wmiddelkoop/status/2005537034845175943

A simple overbought/oversold indicator, can be created by meauring the Diff between the two Lines on the MACD indicator…..that shows silver on a monthly basis, more O/B than at the top of the Hunt mkt in the 80’s

GDX just trades above opening price…..is this smash to try and get out of share shorts as well……

Right … that wasn’t coincidence the Zelinski dog and pony show was dragged out again over the weekend.

Pathetic liars … the whole shebang

News of getting closer to a peace deal with Ukraine that is unless the neocons don’t sabotage it likely did affect gold today.

I forgot to say it looks like many of the gamblers migrated over to platinum and palladium based on the drubbings they are taking today. (I guess they thought silver had moved to much)

Suits me fine.

Just keep the physical buyers coming into gold and silver.

Please and thank you

Yeah that’s right! I could use a nice candy bar! 🙂

How come we don’t run into these guys?.

If there is a God … this should washout as a breakout test … as Comex open interest (OI) is still under 500k and it should get pounded back down with this selling.

And for silver it’s the same story … OI is low and should see a lot of liquidation today.

Metals Daily Exchange Volume & Open Interest – CME Group

The price managers will have a lot tougher time trying to pull off this crap next time as well.

March is the next big delivery month and it will come fast.

If January and February see high delivery levels too … which is very possible considering the rush to secure physical by corporate interests in this challenged delivery environment … The Ides of March could be a replay for the cabal.

I see the shares doing very well in the first quarter (half?) all things considered … especially value-oriented silver stocks … many will be surprised. (JMHO)

Cheers all

Wall Street Mav
@WallStreetMav
·
Dec 27
“would you like a free candy bar or a free silver bar?”

– @MarkDice

https://x.com/i/status/2004979179989991887

Yes I head that too. My magic phone says…

Yes, recent financial news and market analysis from late 2025 indicate a significant shift where JP Morgan (JPM) reportedly closed massive short positions and acquired roughly 750 million ounces of physical silver, making them the world’s largest private holder, a move contrasting with their historical role in suppressing prices and sparking speculation about future price surge

so, all on the up and up then?

Just normal market action that will be cleared up by the charts?

I agree! The retail traders at Crimex better watch out because the exchange changes the rules to protect the exchange and the big players. Small traders can get ground into dust. Better to stay away from that action!

massive. It not only looks like a lot of selling but a lot of new shorts are being put on.

We’ve seen some pretty bad crashes over the years, but I’ve never seen anything as bad as what is happening to plat and pall.

eeos – you’re right about the shares. They barely moved during the last $10 in silver and $200 in gold. but when the metals go down, they tank like nobody’s business.

First hour about over. Hopefully some shorts will start to cover as the day wears on.

Re Ag margin rise……The margin rise to 27 K was scheduled from last week……and is till under 8 % …..very little.

IMO this a no news attack on a mkt that was/is miles o/b has loads of shorts badly caught and the Big Boys had lost control of……we may now build a huge bull flag up here, before we run again……the ranges will be wild…also if the revaluation theory is correct, then this attack is Globlists, trying to wreck Trumps plans….Hpefully they are selling into a bull trap.

As of now look like they want to get Gold sub 4218, to paint a monthly reversal…..

Goldie – yeah, is the story about the guy offering $200 true? I don’t understand when he said the metal price was compressing and narrowing the gap with the paper price. If gold was trading at $86 in Shanghai, how could it be compressing toward $72 if Shanghai is closed. He also has a video out discussing JPM’s 750 million oz., that they’ve flipped long. I’ve heard that a little while ago from Andy Schectman or one of the other commentators.

Ipso – never underestimate the continued foolishness of a gambler. I know this firsthand. 🙂 Anyone who plays there is crazy, anyone who hedges there is crazy. They favor the banks and will wipe anyone out to protect the banks.

Apparently, there were a lot of fresh new longs in the platinum and palladium markets that needed a good fleecing. You know there’s had to have been a ton of new buying in those markets over the last couple weeks. Poof!

I see the shares are no longer hanging in there, HUI down 47 over 6%.

As bad as this is, and it sucks. If you had told me a year ago that gold would be at $4300, silver $72 and HUI over 700 at the end of the year, I probably would have laughed at you.

This is still IT!! and IT is not over yet. Eff the Crimex and their filthy banks.

None of my mining stocks would reciprocate with a higher spot price, but they always do with a lower spot price. Rip off city

$80 Silver: “This Is Not Good!” Elon Musk’s Silver Panic and the Coming Industrial Apocalypse

It’s the tweet that just lit a match on a planet-sized tinderbox. The day after Christmas, 2025, Elon Musk; the world’s richest man, the architect of our electric future, and the planet’s most important industrialist, sent a simple, terrifying message to his hundreds of millions of followers: “This is not good. Silver is needed in many industrial processes.”

In nine simple words, the ultimate insider just confirmed everything we have been screaming from the rooftops for years. The silver crisis is not coming. It is here. And the man who needs it more than anyone is now publicly panicking. This is your final warning and siren call.

For decades, the financial establishment has dismissed silver as “gold’s poor cousin,” a volatile commodity, a relic of a bygone era. They built a casino of paper contracts, the COMEX, to suppress its price, creating a fantasy world where a critical, irreplaceable industrial metal was treated like a penny stock.

This manipulation served two purposes: it allowed corrupt governments to demonetize real money in favor of their trash fiat currencies, and it provided a massive, multi-decade subsidy to the entire global technology and manufacturing complex.

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Every iPhone, every solar panel, every EV, every server in every data center was built on the back of artificially cheap silver.

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That subsidy has just ended. The bill is now due. And the market is responding with a ferocity that is shaking the foundations of the global economy. In the last month alone, the price of silver has exploded by over $22. In the last five days, it has surged more than $14.

Having started 2025 under $30 an ounce, it is now, as of December 28th, clawing at the door of $80. The previous all-time highs of ~$50 set in 1980 and 2011 are not just broken; they have been obliterated.

This is not a rally. This is a repricing. This is the market discovering, in real-time, that the emperor of the paper markets has no clothes.

Elon Musk’s tweet was not the cause of this explosion; it was the validation of it. It was the public admission from the world’s most important consumer of silver that the physical supply is gone. The panic is on.

There is a perfect storm of events lining up all at the same time;

• a strategic export ban from China
• a desperate stockpiling effort by the U.S. government
• and an awakening of both industrial and retail buyers

This is all converging to create the mother of all shortages. The bankers who shorted this strategic asset are about to be vaporized. The manufacturers who built their empires on cheap silver are about to face a crisis of unimaginable proportions.

And the people who understand what is happening are about to witness the greatest wealth transfer in human history. Welcome to the Great Silver Awakening. Game on.

Let’s Dig Into The Following:

1. The silver impact on Elon Musk’s entire multi-trillion-dollar empire; from the electric vehicles at Tesla to the rockets at SpaceX, the solar panels at SolarCity, the data centers for xAI, and the circuits in his Optimus humanoid robots, are ALL existentially dependent on a massive, reliable, and growing supply of silver.
2. The multi-decade price suppression has devastated silver’s supply side. With prices kept artificially low for so long, there was no incentive to invest in new primary silver mines. Annual silver production (70-80%) remains tied to demand for other metals being mined, not silver itself. This has created a structurally inelastic supply, unable to respond quickly to surges in silver-specific demand or price!
3. China is set to restrict exports, beginning January 1, creating a massive accelerant on the fire of the global supply deficit.
4. The current silver rush is not just being driven by industrial users and governments. It is being powered by a global popular uprising, a “Great Awakening” of retail investors who are finally demanding their money back. Here’s why the retail and institutional investment demand is about to go into hyperdrive!
5. The stock prices, which have been dormant for years, are starting to re-rate higher, but will do so soon with a violence that will make the dot-com boom look tame. The value of their in-ground reserves, which were once considered uneconomic, will be reassessed at multiples of their current valuation, as the coming mining wars explode!
6. And why Elon Musk was right …. The silver situation is “not good.”

Metals and Miners

China price, could be because China has the silver where the comex paper traitors ” yes Ferrett I spelled that right” desperados don’t. So I thought this would destroy their reputation, not to mention the economy if business can’t buy.. Least we learned something if true. The businesses are willing to buy it currently for up to 200 a ounce. Wonder what are the online dealers pricing it at now. However the big buyers I could see them letting them bring the price down but will need more and soon retirement funds will be able to buy.