Loading ...illuminatibot
@iluminatibot
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15h
Bank of Japan abandoned its plans to issue CBDCs already once due to lack of interest/appetite by Japanese consumers.
Well done Japanese people. Let’s get the same message across here too.
CBDCs have an Achilles heel and that is the people simply refusing to use them.
Vote! Vote!
Amichai Stein
@AmichaiStein1
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45m
🚨Senior Israeli: officials: Explosions in Doha – Israeli operation against Hamas leaders in the country
Things are heating up in the mining industry consolidation/deal making…….
Anglo American and Teck Resources have agreed to merge in an all-share transaction to create “Anglo Teck,” a Canada-based miner set to become one of the world’s top five copper producers. The deal marks the largest mining M&A transaction in more than a decade and comes amid a global scramble for rare earth minerals, driven by data center buildouts, power grid upgrades, electric vehicles, and other electrification trends.
You should never give up your guns. You cannot be a citizen if you don’t have guns. If the citizens don’t have the means to commit violence in the defense of life and liberty, then they are mere subjects. The British gave up their guns in exchange for security. Of course, they have none. And now that their government – the entire government, including the alleged Conservative Party – has turned openly against them, they have no real remedy. In America, we still have a remedy, should it become necessary. I wrote about it in detail in my new novel, American Apocalypse: The Second American Civil War. It is the indisputable right of a citizenry to remove an oppressive government that chronically, systemically, and irrevocably violates the civil rights endowed in us by our Creator (Yeah, rights come from God, Tim Kaine). That’s as true today as it was in 1776, when the British tried that crap over here and we shot them. Remember, the proper unit of measurement of freedom is the caliber. I will also accept millimeters, as in 5.56, 7.62, 9, and 10, as well as gauge, as in 12.
The only way I can see Trump using Crypto , is if he creates a US Coin…..no way would I accept Crypto, in exchange for US notes…I doubt anyone else would, apart from die hard crypto maniacs, but they have nothing between their ears…..
He must have been excited when he created a token value of over $ 1 billion, overnight when he created his own coin……..but if the US does create a coin, if they agree top redeem it for dollars, it is basically a zero interest note and a dollar liability, so all you will get is crypto coin, for yr dollars……a 5 yr note looks a lot better.
Looks like we battle today. Game on.
Keep them doggies rollin….
So, our pm’s have been on both side of the flatline all night, although silver has mostly been weak, and continues to be down $.12 at the moment. Gold, OTOH, is picking up momentum as the dollar has reversed course from slightly up to slightly down. Rates also are losing steam as they were up 3 bips earlier, now up 2. The pm shares are firm yet again, with most of them sporting 1-2% gains in the early going. NEM is up 1% after pausing yesterday. KGC and Barrick have been the superstars of the HUI. If you have a minute, take a look at the chart of B. It is up around 50% in the last MONTH. It has to pause at some point, but apparently not today. KGC too. The HUI itself is overdue for a correction, so is gold, but it just keeps moving higher. Silver just tapped a 70 RSI and is lagging. Pretty incredible.
All of this makes me think there might be something to that article that Putin says about Trump and the debt. He’s going to need to revalue gold a heckuva lot higher than current prices to get any bang for the buck. Will the rest of the world actually accept crypto as payment for our debt? I wonder.
I guess we could sort of keep going into the Fed meeting next week and then maybe the news will be sold. At this point, who knows?
Dow is flat, QQQ’s are up a little. Bitcoin and crypto in general is up around 1%. Oil is up another 1% but still below $63.
The turn in the dollar about an hour ago was pretty quick. The Yen turned higher forcefully. The Euro and Sterling sort of followed. We’ll see what that looks like later in the day.
Eco data is soft, just the small business index
Maybe silver will start to pick up after the Crimex open?
Putin’s advisor warns of US conspiracy to wipe out $35 trillion debt using crypto and gold market
You really want to see what global plans on all the powerful countries are doing watch this. Gold and Bitcoin involved but the move against the dollar, swift, and more of each country. That Gaza will be taken over and will be the beta test for other country’s including the US, increasing surveillance, smart cities, digital IDs, and land tokenization.
Hold on the the end for the things people can do to peacefully fight back although if they will get another war out of it or get away with it if it will be enough.
Silver markets are once again in turmoil as lease rates spike and supply channels tighten. Traders face renewed price dislocations between New York and London, driven by uncertainty over the policy direction of the United States. The fear of tariffs has transformed silver from a niche industrial and financial metal into a potential flashpoint within trade and national security debates.
Over the weekend, President Trump signed Executive Order 232, a measure that clarified tariff policy on critical minerals. The order explicitly exempted gold from any tariff risk. Silver, however, was not mentioned in the final draft. That omission has sparked immediate speculation that silver remains vulnerable to duties.
Essentially, it is what Trump did not say in that order that has caused the nervousness. If silver is treated entirely as industrial and is tariffed, Bullion Banks dealing in Silver rehypothecation could lose access to precious collateral for carry trades and subsequently be caught in a “venue” short squeeze. This was mentioned in the GoldFix Market Rundown this AM.
The contrast is now shaping market behavior. Gold lease rates and exchange-for-physical (EFP) spreads have been narrowing as clarity reduces uncertainty, while silver’s omission has driven the opposite effect. Silver’s lease rates and EFPs are widening, reflecting both the regulatory ambiguity and the scramble to secure immediate supply.
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The source of this report is Bloomberg, authored by Sybilla Gross. It highlights how President Donald Trump’s critical mineral policy has introduced fresh volatility into silver markets, adding new layers of complexity for refiners, dealers, and investors.
Bob Coleman of Idaho Vaults notes: SLV ETF Alert Tightness building in Silver. Borrowing fee to short SLV ETF beginning to rise. Lease rates in London at 5%. Price has been the relief valve in the past.
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Washington’s decision to classify silver as critical to national security last month set the stage for the current disruption. The classification raised concerns that tariffs could soon apply, sparking defensive positioning. Trump’s earlier April order to investigate critical minerals was the immediate trigger.
“The US market’s concern is that the metal might be subject to tariffs,” Bernard Dahdah, an analyst at Natixis, said in an emailed note.
In anticipation, New York futures rose above the international benchmark as traders priced in risk premiums. Metal holders responded by shipping supplies into the US, tightening London’s pool of available material. The result has been a sharp lift in lease rates, magnifying the supply crunch.
The squeeze on silver was intensified by European refiners’ focus on recasting gold bars, a diversion of capacity prompted by tariff-related confusion. At the same time, London inventories declined as investors increased allocations to exchange-traded funds. These gold and silver ETFs have gained more than 35% and 40% year-to-date, further reducing physical market liquidity.
The immediate effects are visible in pricing spreads. Silver futures on Comex are trading at a premium of about 70 cents to London spot prices. Meanwhile, short-term borrowing costs for silver in London have spiked above 5% for the fifth time in 2025, compared to a long-term average close to zero.
Forward curves also reflect stress. One-year silver prices have fallen below current spot levels, a rare inversion that indicates stronger demand for immediate delivery. Dealers may be accelerating shipments to the United States in advance of potential levies.
Earlier in the year, similar price distortions created significant trading opportunities.
It was price ructions like these that helped traders at top banks including JPMorgan Chase & Co. and Morgan Stanley mint money earlier this year.
During that period, Trump’s tariff policies generated an unusually wide spread between London and New York, drawing large bullion inflows into the United States. However, once precious metals were temporarily exempted from duties in April, the trade rapidly collapsed. The recurrence of such dynamics underscores the fragility of the current market balance and the vulnerability of silver to political intervention.
GoldFix is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
Maybe the folks here are blase, but only because we’ve been through the ringer for so long.
I wonder if others are just getting started.
What is interesting to me is that we are tracking the dollar and rates so closely. We haven’t seen the usual monkey business in a little while.
New 52-week high triggered momentum — The stock hit a fresh 52-week high, opening significantly higher and fueling bullish sentiment. MarketBeat+1StockAnalysis
Strong fundamentals and positive sentiment — Q2 earnings beat expectations (EPS of $0.08 vs. $0.05; revenue $304M vs. $249M), signaling solid performance. MarketBeat+2MarketBeat+2
Institutional buying — Multiple institutional investors, including Dark Forest Capital (+146.8%), MIRAE ASSET (+12.7%), and CPP Investments, have increased their holdings. MarketBeat+2MarketBeat+2
In short: today’s surge is driven by a mix of technical breakout momentum, better-than-expected earnings, and strong institutional support.
Quite here today…..people are getting blase……and that must a danger…..surely….
BTW If there is a recession. Who’s gonna get a bail out and who’s gonna get more water in their coffee? Keep stacking.
Stocks are like adding water to your coffee, going into banks that then steal it either directly, lending it out for high interest or diluting it by printing more. They need a catalyst, the green scam debt is dying so war debt is next. If Trump can get peace they’ll blame the recession on him. I’m going to be sceptical about companies buying into PM stocks. Are they just stoking the fire like Central banks profiting on debt created by crisis for the masses while they get richer and now divert a asset to them in the form of a stock instead in hopes money will flow to them because they bought it instead. I don’t think most people want to know who’s really winning anyways.
Been looking for news on Hecla – HL. It’s been up 11% all day and above $10 which will open it up to other fund ownership. I’m waiting for AG to break this $9.50 level and get above $10 as well. There seems to be a steady seller here.
Found this little blip:
“Hecla Mining climbed 9% on news of its forthcoming addition to the small-cap S&P 600 index.”
It does look to me that some of the small/micro caps are now starting to see some play. I don’t know if that means we are about to see a pause or if they are going to start participating in this run.
Whatever the case, the sellers in gold and silver seem to have left the building for now.
… coming off renewables the central planners will pivot to natural gas … but that will only last a few years.
This is of course the problem with central planners.
Bottom line is oil and gas prices are going through the roof in coming years … with decentralization accelerating … and the new multipolar world getting much larger in terms of mobility.
The market will win in the end.
Mornin all
we are likely seeing the Algo’s still buying Gold selling the shares, into what to them is just another small rally to sell into on the ratio….
We can see that going on here…a strong share opening is yet again being sold down….just now NEM was DOWN 1.3 % !!!!!!!
Which all means at some point they have to buy the shares back…..with no sellers around…..
Yes it can get complicated. I am just getting more focused on triggers for more conflict and blood shed that goes beyond other borders.
Just watched this video after dealing with some pain causing a sleepless so far night.
We are collectively over 100 trillion in debt. It’s pretty good. Toms rather up beat with a lot of energy.
Just apparently not today with $3600 and $41 breached. Pretty amazing as the metals were down all night until a short time ago. Someone has decided to come in and buy plat and pall, so maybe that’s giving us a boost.
The dollar is flat, but rates have reversed course and are now down a bip after being up earlier. Bitcoin is flat. Oil popping back up 1.5%. SM up a little.
PM shares are up again with the metals. It appears they are the new darlings of the SM. Hard to imagine what they’ll look like if some real volume starts chasing.
Consumer credit is the only eco data today, not a big market mover.
This appears to be what we’ve been waiting for all these years.
