OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Re Zero….Can’t see the article as Premium and won’t pay for that……But I get the feeling that Wall st and other professionals, have been flat footed by this PM move, they ain’t in…so are now looking for a Top …..

Garrett Goggin, CFA & CMT
@GarrettGoggin
Tether is cornering the Gold market. They are already taking down 2 tons of Gold per week. That’s as big as China. Tether stores its Gold in its own vault outside LBMA/COMEX/GLD/Fed/Chase commingled vaults allowing for 1st true supply/demand price discovery in 50 years.

https://x.com/GarrettGoggin/status/1975967986952659277

Have over many years been so conditioned to expect the worst that they flee at the slightest pullback in the metals. Even here at all time highs.

plus you’ve got the usual cretins and their shorting games …

Welcome! You’ve arrived at an exciting time!

Willem Middelkoop
@wmiddelkoop
·
12m
The Grasberg Mine Disaster

that ZH is in cahoots with the scum, to squelch and manipulate people’s consciousness about the PM’s…….keep institutional money from investing in the PM sector, and the same financial phony games can continue to be played……keep stocks artificially high whilst our national debt climbs higher and higher…

A headline that ZH ran this morning:

https://www.zerohedge.com/the-market-ear/vol-surge-reversal-signal-gold-silver-options-flash-warning-signs

Looks like that is exactly what is happening…..they can short PM shares and seemingly never have to deliver……tks to the SEC…being asleep at the wheel.

Hi there …and wellcome .

Tks for lease info…yes it does mean the shorts have pay that to borrow …..and it also confirms a very tight mkt…which is why shorts here are are mad…..

Long time follower , first time poster.. i’ve been around since the days  of Wanka and Vronsky… I have gleaned lots of knowledge from all you folks posting here and want to thank you for all the input…

Was checking silver lease rates this morning and it seems that the one month lease rate is 11% and the three month is 9%…. So I guess that means Shorty must borrow at 11% to try to close out his position…

I feel his pain…NOT!!

this time the bulls win.

They are going to buy this dip.

The defense of the round numbers begins.

That was sure fun to watch though.

Hopefully, they won’t completely reverse silver.

Not a market for the faint-hearted today.

It’s the same pattern every day … gold and silver are suppressed in Western markets … expect a recovery going into the close … it was expected they would try to cap it at $50.

The only way they are going to do that it to crash stocks and bonds … and they will never do that voluntarily.

Look for a recovery after Comex closes at 1:30 central time.

Cheers

No rhyme or reason to the algorithms…..

GDX is down !!!!! on the back of Barrick being down !!!!!

Here are some Stats…on the big picture

The Golden Stats You Should Know
Central banks now collectively hold about 36,700 tonnes of gold, worth a whopping $4.5 trillion. That’s more than their holdings of U.S. Treasuries, valued at $3.5 trillion. Gold is now the second most significant reserve asset, accounting for 27% of total foreign reserves—completely overshadowing the euro’s 16%, but still behind the U.S. dollar’s 46%.

Total world debt is @ $ 330 Trillion, so Gold at the moment is just over 1 % of that debt….if it is going to be a decent chunk, it has to be @ 10 % ie @$ 33 Trillion….so lets say they got 40,000 tonnes with new buying….or 1,280,000,000 Oz’s…..33/1.28 = @ 25…….

was up $2.35, now $1.72

If these effers are not stopped … don’t expect Trump and company to do it (they are in bed with them) … everything is going to look quite different in no time …

Fascist robber barons one and all.

Looks like we are getting some short covering with silver breaking above $5o … Mario thinks it could go to $60 very quickly.

And as Mike Maloney has been pointing out over the past few days … silver shortages are coming quickly too … so prices should literally skyrocket from here … looks like the fascist robber barons better known as the international banking cabal have a problem on their hands.

Chuckle

BIG GREEN CANDLES !!!

I’m lovin it! Crazy times! 🙂

Better late than never!

Do you believe this?

Up over $2, better than 4%

Something must have broken. We just breached $51

^5! 🙂