https://www.abc.net.au/news/2026-10-26/gold-nugget-discovered-in-outback/107306976
Hey, it’s Halloween weekend and I’d say the “market Pranksters” are at play. “Trick or Treat?? If you’re counting in ounces, who cares? SNG!
Buy more while it’s “on sale”!
Wish I had done the same
Bushels 🌾 Barrels 🛢 & Bullion 💰
@BuBarrelBull
In August I rotated back out of miners, after a rebound, into energy stocks.
Now I’m rotating out of energy into miners. Gold and copper in particular. I think gold defended these levels before and it will again. The setup into 2027 is perfect.
Copper is trading near all-time highs and Chinese premiums are surging. Yet the equities are a bargain. Why? Because of an AI growth scare that never mattered anyways. Copper is a supply story.
When everyone panic sells I buy. This is the way.
Wall Street Mav
@WallStreetMav
·
6h
Thank you Britain 🇬🇧, for sacrificing your economy to save the planet.
So .Gov is worried about something
That they are making all military bases self sustainable and without any outside help from the grid or civilian infrastructure. Is it just the Iran war? If so, why not this last February when it all started?
I think it might be something else, something they’re not sure about yet and trying to model and assess the potential fallout from.
Nuclear seems doubtful, they’ve war gamed that for years.
Maybe some AI program has gone rogue and is creating its own agenda and agents? Maybe they are aware of a natural catastrophe that they’re unable to stop? Pole shift? Meteor strikes?
FWIW – Tomorrow is Halloween, but also happens to be the anniversary of the day the great flood started in the days of Noah.
Regardless, if we’re going mad Max for a while, isn’t that the exact time we’ve been told holding physical is going to matter? Hard to see how Bitcrap is going to be any good with the grid down.🤔
Course, they also said pm’s would be a safe haven in times of crisis or geopolitical instability. That has never been true.
No sign of life today. Bummer.
Looks like
they may have temporarily flushed out a lot of the “stop-losses” just under the $4000 in Gold.
As Ipso mentioned, if a lot of the commercial banks are still short, one would think it may be a good time to start covering????
Cue up
…..the financial media saying the crash in the NASDAQ is causing a liquidity crisis and Gold and Silver are being sold to raise $$$$
Gold down $100+
I’m going into hiding …
The Ape expounds
TheApeOfGoldStreet
@TheApeOfGoldST
·
2h
The #Silver market has now tanked so much the past couple of weeks that it’s starting to look like it’s priced in both the resumption of the Iran war and WW3 with NATO vs Russia the same time.
In reality the market isnt pricing in shit, it’s a manufactured dump by design.
They will run price to a level under $50, liquidate long positions, run stops, flush out retail panickans, kill/reset sentiment and then allow it to run upwards again.
We are approaching the part of where they will allow price to rise again.
Visual pain a little more, then we can start look upwards.
I still believe we close the year on a much more positive note, above $60 atleast. Most likely $65-$70.
This dump was extremely brutal.
The thesis of why I’m even invested in the #Gold and #Silver sector has grown even stronger though due to the events unfolding globally, so I’m not worried at all.
Perhaps the coming attack on Iran will be the bottom for g+s? Sort of a “buy the news” event.
Hey … it could happen …
The metals can’t decline forever … right?
Thiede Investments
@ThiedeInvests
Silver has plunged from $120 to around $50, and precious metals analyst Ed Steer says the latest selloff is unlike anything he has seen in 25 years. The biggest commercial traders on COMEX have barely reduced their massive short positions despite the dramatic price declines, an unusual development Steer believes could signal a powerful rally ahead. He says managed money traders are approaching historically rare bearish positioning in silver, a setup that has preceded major rallies in the past. Steer is also watching hundreds of thousands of gold call options with strike prices reaching $20,000, warning that a major financial, monetary, or military event could trigger an extraordinary move higher. He believes the decades-long suppression of precious metals prices is nearing its end and expects gold and silver to eventually break to new highs.
Sooner than later?
The Hormuz Letter
@HormuzLetter
·
13h
BREAKING: Trump has just cancelled all rallies this weekend, per NBC News.
Those include his Saturday rally in Kansas, and his Sunday rally in Dubuque, Iowa, just 5 days before the midterms.
Only Daytona Beach tomorrow remains, with no events announced for Monday.
Cryptocurrency is real safe doncha know!
North Korea Blamed For $6.3 Billion Binance Heist: “Stole 19% Of Its Yearly Income In 20 Minutes”
Morning deer79
A big, missed opportunity not dumping silver at $100+, now below $50
Oh well, it’s only money, and who knows, maybe it will be different this time and we’ll get the mother of all comebacks! 🙂
Have you ever noticed that on days like this, silver underperforms every other metal? Yesterday I thought platinum might be the biggest loser. I think it was down near 4% and silver was only down like 2.5%, but by the end of the day, sure enough silver was down more than platinum on a % basis. Nothing’s changed, there’s still a production deficit in its the 6th straight year, and I’d think replacing all the missiles that have been fired in the last 12 months might make the deficit even worse, but who cares about supply/demand? 🙂
All you can do is laugh. It’s never going to change.
We’ve seen this show
umpteen times before……
A nice Halloween present for us at the end of the month. All they ever try to do is demoralize us. Fun stuff!
Coffee Time…….RNO
Jim and I had some cherished email and gift exchanges over the years (He send me some plum wine one time)
Sharing our passion  for stacking,  hunting,   floor safes,  MJ refinement, home  and  cottage renos and many other topics
My last email from him was in June this year as he was fighting the good fight
I wish I had met him in person
Onward Jim !!!
Winedoc
Nasdaq in trouble
Dragging the pm sector down with it despite a weaker dollar and rates. Oil up a couple bucks as well, probably not helping things.
Maybe we’ll find THE bottom today. Maybe by this time next week, pm’s will be irrelevant in the big scheme of things.
If they don’t know the order of the planets’ orbits,
how could anything else they say be accepted at face value?
Like the twee image of the inside of the ark posten by sng – so obviously not true with a lion cub, not coated in pitch, with plenty of light, nowhere near enough animals (there should be 56 giraffes, for example).
Click bait.
Buckle up, lots of stuff going on the next few days
Western governments are warning the plebes to be prepared. Trump cancelled an appearance on Saturday in Ohio,
What do they know?
Redneckokie was a man with a plan.
Jim was one of the BZ group that never invested in the aggregate company. Smart cookie! 🙂 He had great stories about commodity trading beef. He was a vietnam vet and anybody that has gone through that has my respect.
His sage posts will be missed. My condolences to family. A great man.