Loading ...“No One” knew this was coming
Best of the season to all my friends at the Oasis
Onward Pilgrims
Winedoc
……. pinch me
Silver squeeze from China starting Jan 2026
21 days left before buyers and manufacturers will have even a harder time buying silver. They’re shutting down their exports. No more bailing out shortages. They need to increase their own supply for demand. Hope this link works.
Source: YouTube
https://search.app/zTJvs
Gold leading the follow through
Despite a slightly higher dollar and a 10 yr that is up 3 bips to 4.17%. Not supposed to happen after a Fed cut. The last 3 cuts have had virtually no effect on rates. Too much debt floating around.
SM mixed, Bitcoin and oil drifting down a bit – not much.
PM shares look good this morning, with many up 2+%. NEM breaking above $100 for the first time ever. Silver back above $64.
Hopefully this is the start of the year end melt-up in our tiny sector.
Looking good for now. We’ll see what the Crimex has in store for us today.
ferrett
Can’t argue with that.
Sng 12:38
I donated to Larry Klayman but they need to get their operating cost down so more can go to the lawyers.
Oh, better, definitely. But it’s not the collapsing economy MSM would have you believe.
But how much more betterer would Europe have done with cheap Russian gas on tap? Cutting off your nose to spite your face.
ferrett @ 16:37
They seem to be doing fine but how would Russia have done without the sanctions?
SNG – $88 wow
When you say try getting it for that, are you saying that the local coin shops are seeing a lot of buying up there?
It looks like the dealer I’ve used for a long time is still seeing more sellers come in than buyers. He’s paying under spot for everything and premiums are pretty reasonable.
Silver Bullion Coins and Bars: Best Prices & Free Shipping
Gold is pretty much the same, except they don’t have much stock in any bars above 10 oz.
That might indicate that the wealthier clients aren’t selling.
Gold Bullion Coins & Bars: Best Prices & Free Shipping
ipso 12:01, the numbers don’t show much damage.
GDP. $bn
2021. 5,688
2022. 6,006
2023. 6,477
2024. 6,905
2025 (f). 7,192
2026 (f). 7,412
Price of oil April 2022, over $100/bbl. Now $57. Debt to GDP has skyrocketed though from 18.5% to 22.5%. Shocking.
They brought the dollar and QQQ’s back some
Good to see gold up 1% and the HUI break out. Hopefully we sort of melt up into the new year. Shouldn’t be much in the way of tax loss selling.
Silver in a “blue sky” breakout. Nobody who’s been holding silver at $70 for the last 10 years is going to be waiting to sell. Just shorts and new buyers. Algorithms too I guess. 🤔
We’ve waited 25 years for this. Amazing to see.
Sorry, I was cut off by wife and PC repair, reducing us from a ridiculous intermittent on and off 5G, back to our original 2.4G
What I was saying in my last post was that some of you have already experienced your ETF delisting and going quietly into the night with your money. If that’s the game you’re playing, the Gambler song would again be appropriate. Once I realized that these ETF’s were nothing but a fake replacement for the Mutual Funds which DID actually have the goods they represented…and with a mutual fund you might lose money because their actual HOLDINGS lost values…They at least OWNED what they were selling, where IMO the ETF’s do NOT, or in their original Charters they were not required to. Once I determined that in the early 2000’s I refused to ever buy another ETF….and I never did! Instead I bought 108 miners and explorers which I sold in 2011 for enough to again retire. which I did…and my life has continued to be what my handle represents. All FWIW…We all make our own decisions. Make sure the one you make is right, and best of luck from SNG!
Well that was my second biggest up day in trading for 25 years
I wish we could hold on to it, pricks. I still remember calling my dad on 9/11 and asking him what’s the price of gold dad????? It should have been this price one month afterwards. I wish he could see this. The tent was right. Cheers from Eagle Eye.
May we seek truths about 9/11 and find peace.
Captain Hook @ 13:24…IMO the ETF’s do not have the goods. They only report the prices of the goods they represent..
They IMO are the reason the prices have been suppressed, and anyone who is buying the ETF’s is contributing to that suppression, and when “the music stops”, they will find they are holding an empty bag of hot air and the ETF’s will just delist and be gone with your money. When I researched the ETF’s when they first started using them they all said they TRACKED and reported the underlying value of the stocks or indices or commodities they represented but had no obligation to OWN them. Their only obligation was to report the value of the item their ETF represented
RIIIIIIP
Whoa rocket power!
India’s pension funds can now invest in more stocks and gold, silver ETFs
From Reuters
via The Times of India, Mumbai
Thursday, December 11, 2025
India’s pension regulator on Wednesday issued revised investment rules for the country’s pension funds, allowing for more diversification in search of better returns.
The Pension Fund Regulatory and Development Authority will now allow private pension funds to invest in the top 250 stocks by market capitalisation listed on India’s bourses. Earlier, these funds were allowed to invest in a list of 200 stocks approved by the trust of the National Pension Scheme.
Pension funds can now invest in more stocks, gold, silver ETFs – The Economic Times
It’s not what’s happening on this side of the pond that will drive global retail PM demand in the future … it’s the largest middle class in the world found in India (and China’s not far behind).
Bank on it
Maddog – I think so
I don’t see how any producing silver miners stock is not going a lot higher
The AG’s and HL’s heading towards $50. PAAS and SSRM towards $100.
I guess unless prices head back to $40.
It appears these larger miners are going to start selling directly to the industrial users instead of the paper markets. Apparently they can command a premium.
I don’t think we’ve gotten to the hoarding stage yet. Just crazy.
ferret re seizing Russian dosh
Russia has made it very clear that that is a line that cannot be crossed……it breaks every banking law in the World……never before has money/assets been seized,due to war…..it would set a massive precedent…….
Russia wud win any case……Belguim is dead right to be scared, Euroclear wud be bust, the SWIFT system wud be broken…no-one could trust any electronic money transfer…Ultra bullish for PM’s……
t
But even more seriously it could trigger WW III….Putin has to react viciously….this is off course what the Globalists want, as they have to keep the war going, or the books get opened and all their many. many crimes exposed……
Maybe he will issue an order to target the EU individuals and Blob leaders….they are the lunatics .
Are Silver stocks about to explode higher…….once that major DT goes we cud see massive gains…..
and here is daily
C Hook
He’s not behind the curve he’s intentionally behind the curve.
ferrett
I think Russia has been hurt by the sanctions, I’m sure not as much as the sanctioning countries would have liked. One of Putin’s stands re: the proposed peace deal would be lifting of all sanctions and of course getting his $200 billion back. I was reading something about Belgium thinking that somehow they might end up on the hook for that 200 billion themselves if the EU grabbed it. Putin has already said that if that money is seized he would take action against the Europeans. That’s a dangerous game they’re playing! Do they really need that money so bad?
Cheers
PS One of my biggest disappointments with Trump is his free spending ways. He’s done little to cut the deficit and instead it’s as bad as ever. This may have been our last chance to get the spending under control and the chance has been squandered. JMO