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We will have to see how this plays out…but the lack of volatility says Friday was a deliberate mugging, that caught the mkt perfectly…..we don’t have huge punters throwing vast Volume around, which says we are nowhere near the top.
That’s definitely a different kind of slavery than we experience here. That’s the new world order type stuff, that’s what the EU trash want their people to live like and the left here want us to live like.
I’m not for China, but I am for some justice for the folks that have been stealing from us for a long time.
it seems to be kind of the same today so far. No big swings. Seems it should be a little crazier with gold up $250+ and silver up over $8. But they are just drifting back and forth, lower at the moment but not violent. You wouldn’t think that would be the case.
Posted by Captain Hook
@ 10:16 on February 3, 2026
… the new range now extends from $10 to $30 … where a $30 move to the upside might suggest some degree of exhaustion for now.
All one can think is will the ranges extend further and when.
Chuckle
PS when you screw with markets the blowback can be harsh … chuckle … considering silver has 50 years plus of suppression to correct … the beachball analogy appears to be playing out … silver is vexing escape velocity.
Yeah, looked good in the premarket until the SM opened and we got the usual selling to start the day. It would be nice to see those premarket highs comeback before the day ends.
I hope everyone’s good in their positions too.
As for Asian Guy, the thought crossed my mind about the CCP. I looked at the YouTube feed, and it was filled with videos on silver. Copycats of Asian Guy, bullish, bearish and everything in between, all meant to influence decision making. I even saw one from Jeffrey Christian of CPM Group, no doubt defending the “normal market action” in pm’s on the day after the selloff, defending the scum.
At this point, if the Chinese are the ones to stick it to the criminals in the US who’ve raped our sector repeatedly for decades, they have my support.
The best case for us would be if the banks flushed the sector so they could join the party. I don’t see why they wouldn’t. They know the system is crumbling.
Willem Middelkoop
@wmiddelkoop
‘The CME COMEX has ‘circuit breakers’ in the silver market that halt trading for a period if extreme price movements occur to allow for a more orderly market. What the CME COMEX calls dynamic circuit breakers automatically kick-in when the price of silver drops or rises by 10% on a rolling 1 hour basis. We can see in Figure 1. below that from ~ 12:30 to ~ 13:30 Eastern Time, the price of silver – both cash/spot and futures – ranged between $91 /oz. and $75 /oz., representing an 18% range, and yet the CME COMEX automatic circuit breakers were not activated nor announced by the CME. Yesterday, I wrote a letter to the CME asking why this exception to CME COMEX rules occurred and will report their response when received’
and if we could turn back up now, the chart will actually set-up nicely. I’m stunned the spread with Shanghai has narrowed to $5 at the moment. Hard to see it closing there today, but pretty impressive. Would be nice to see the shares start to see some leverage to the upside. At least they outperformed on the way down and didn’t get hit as bad as silver. Signs and wonders.
I guess it all matters until the SM opens. I wonder if Larry Fink is going to come out and reiterate his position?
If the day ended here and they closed the market, it would be a good day.
In this one it went beyond covering shorts to making the dollar king not gold. That it was a opportunity for China which is also going to announce they have more gold than they think they have and are going for a gold backed currency. True or not I don’t know.
What I do know is true in that the statement the White House realizes they are giving away metals they need and why the sudden announcement on critical minerals yesterday and a emergency meeting.
Scroll to 17 minutes… The bait was played Monday gapping up on open with low volume. He gives different scenarios what will be more likely but missing more possible down trend on the miners. We’ll see what happens with prices and earnings. On comments they’re watching from all over the world.
The molecular Scientist who obliterated the rumors in pancreatic cancer. He has a strawberry birthmark on his face God made him easier identify as the one who will likey stop one of the deadliest cancers that may evolve to curing other cancers.
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