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Yeah thanks I see that. Platinum tapered off. Well we might not see the scenario of blowing past 80 gap up tomorrow like Asian guy mentioned. We won’t have any real gaps less something happens before then. I don’t want to see anybody in a gap trap less conditions for continuation. We won’t be in first for any change but better up than down if just holding. Fed may try to bring the dollar up this month. I suspect that when it gets closer to a new Fed chair and one that wants QE we will see move up with that too even before the change of guard. It’s not really necessary though because this isn’t about the dollar.
Mainly it’s a critical supply issue. China is buying but not selling and preventing China’s miners from selling directly out of the country while looking for mines elsewhere themselves. I saw recently they bought a copper mine. I hope these mines realize they are in a position they dont need to sell out their metal, just sell. Chinas looking for Copper and Aluminum too.
It was David Hunter that initially predicted all this. When I first posted his higher prices I thought it probably won’t get that high but was nice to hear after years of opression but now everyone’s on the bandwagon with different speculative numbers. Good thing is it might not reflect the currencies but the supply chains except oil.
Posted by goldielocks
@ 22:25 on December 28, 2025
Hoped to see it move over 80 but I guess we can’t have everything at once.
Here’s where the psych comes in. The rallys over, sell your gold and silver and go home. Nope I’ll go home but not selling, it’s going with me, this isn’t over yet.
Posted by goldielocks
@ 21:49 on December 28, 2025
Really, I know their baiting, bringing the silver to them and the sellers aren’t getting it back at the price they sold it and limited with difficulty. I wonder what they’re up to now? Psych warfare?
Posted by goldielocks
@ 20:55 on December 28, 2025
Shaking week hands out. Asian Guy 17:15 about Monday open in US. One thing he mentioned is the Fed easing. We know that’s coming but checking yesterday Powell said but can’t be sure till he does it that he might hold rates this January, I wonder if he’s watching the PMs, but knowing more are coming this yr could be a buying opp. if any pull back. 17:15 on.
Posted by redneckokie1
@ 20:35 on December 28, 2025
$7.00 range on the Crimex already. Open interest has remained steady so some new shorts replacing the old ones. Somebody is doubling down on a bad deal.
The currencies of the metal producing countries have participated in the metal rally to a lesser degree. Even the Mexican peso is in the game.
Yep, here come the Kamikazi’s. This had to happen and Sunday/Monday is always their favorite time to do reversals. Lots of paper to throw around tonight. It will be interesting to see what price Shanghai says it is for actual metal. I suspect this is just the opening salvo in what will be a multi-month war.
You know what’s funny? This is familiar territory for us, we’ve seen it so often over the years. They won’t be panicking anyone here at Oasis.
Agree certainly not just Samsung etc….that post by eeos from Ed Steer makes clear there are loads of shorts…..
Looks like we have an extraordinary confluence of events ….shorts in huge size, revaluation of Gold and then to cap it all we have monstrous new demand …and a TA picture that says way up, thus confirming the fundementals …..
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